How do you track global growth?
Growth expectations drive rate expectations drive currencies. Tracking growth means assembling signals from PMIs, trade data, commodities and earnings into one picture.
What's your dashboard?
- the growth indicators you follow
- how you weight them
- what the dashboard says now
Background: PMI explained and GDP explained.
Background: PMIs explained: the survey data that moves currencies early
Purchasing managers' indexes are among the first economic numbers published each month. What the 50 line means, which PMIs matter and how traders use them.
What does a PMI of 50 mean?
50 is the dividing line: readings above 50 indicate that business activity is expanding compared with the previous month, and readings below 50 indicate contraction.
What is a flash PMI?
An early estimate published before the month ends, based on most of the survey responses. Flash PMIs often move markets more than the final figures.
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