US S&P Global Manufacturing PMI Final (Jan) 52.4 vs. Exp. 51.9 (Prev. 51.9, Rev. From 51.8)
Newsquawk Staff ·
US S&P Global Manufacturing PMI Final (Jan) 52.4 vs. Exp. 51.9 (Prev. 51.9, Rev. From 51.8)
What it means
The final reading of the US S&P Global Manufacturing PMI for January came in at 52.4, above expectations of 51.9 and unchanged from the previous estimate after a revision. This signals stronger manufacturing activity than anticipated, potentially reassuring markets about the resilience of economic growth and possibly influencing monetary policy discussions regarding rate adjustments.
- Mexican S&P Global Manufacturing PMI (Oct) 49.50 (Prev. 50.30)
- Brazilian S&P Global Manufacturing PMI (Oct) 46.1 (Prev. 44.8)
- Filipino S&P Global Manufacturing PMI (Oct) 49.1 (Prev. 49.6)
- US Market Wrap: Tech weakness offsets US/Iran diplomacy hopes but crude slumps ahead of midterms
- US FX WRAP: Dollar sees slight pressure as Swissy outperforms and Aussie lags ahead of RBA
Related headlines
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 7 TICKS HIGHER 106-27+6 days ago
- US ISM Manufacturing PMI (Oct) 55.5 vs. Exp. 54.6 (Prev. 54.5)6 days ago
- US EQUITY OPEN: Indices gain on geopolitical optimism as tech-behemoth AAPL earnings await after-hours6 days ago
- US S&P Global Manufacturing PMI Final (Oct) 54.9 vs. Exp. 56 (Prev. 56.0)6 days ago
- Canadian S&P Global Manufacturing PMI (Oct) 49.6 (Prev. 51.5)6 days ago
- [MARKET ANALYSIS] Fixed firmer into a pivotal week, headline by the midterms and the potential for kinetic action against Iran6 days ago
- UK S&P Global Manufacturing PMI Final (Oct) 52.8 vs. Exp. 52.8 (Prev. 51.9)6 days ago
- European S&P Global Manufacturing PMI Final (Oct) 52.7 vs. Exp. 52.4 (Prev. 52.9)6 days ago
- Greek S&P Global Manufacturing PMI (Oct) 53.3 (Prev. 54.0)6 days ago
- German S&P Global Manufacturing PMI Final (Oct) 54.2 vs. Exp. 54.2 (Prev. 53.9)6 days ago
- French S&P Global Manufacturing PMI Final (Oct) 49.5 vs. Exp. 49.3 (Prev. 50.6)6 days ago
- Italian S&P Global Manufacturing PMI (Oct) 49.4 vs. Exp. 50.2 (Prev. 50.4)6 days ago
- Swiss procure.ch Manufacturing PMI (Oct) 56.7 vs. Exp. 55.3 (Prev. 55.3)6 days ago
- Spanish S&P Global Manufacturing PMI (Oct) 52.2 vs. Exp. 50.8 (Prev. 51.0)6 days ago
- New Zealand Employment Change (Q3 QQ) -0.1% vs. Exp. 0.4% (Prev. 0.5%)5 days ago