CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

PMI data paints a familiar story - but is pre-Omicron

SPAIN DATA
  • The story of the Spanish manufacturing PMI is a familiar one of growing demand (although recall this is before any Omicron uncertainty) and a shortage of inputs, with the latter in particular leading to higher prices.
  • Not much market reaction, as expected, given this data is now outdated somewhat with the Omicron variant
  • Highlights from the press release:
  • "Demand growth remained positive, with new orders rising markedly, supported in part by a stronger gain in new export orders. There were reports that market demand maintained a strong underlying trend, although some concerns amongst clients over rising prices were reported.
  • "Output charges amongst Spanish manufacturers were increased in November at the sharpest rate in the survey history"
  • "Transportation difficulties, especially in sea freight, also persisted, and the general challenge in procuring inputs was reported to have been a major impediment to production growth in November."
DataHomepageData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.