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Korea Manufacturing PMI Posts First Expansion In Over A Year

January 1, 2020 by Jonathan Custer

The South Korea Manufacturing Purchasing Managers’ Index increased for the third successive month, rising to 50.1, from 49.4 in November. South Korea’s manufacturing sector ended 2019 strong,  The country’s latest PMI data showed output and new orders have now moved into expansion (PMI > 50) for the first time since October 2018.  Improving export demand …

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Taiwan Dollar Finishes 2019 Strong

December 31, 2019 by Jonathan Custer

The Taiwan dollar strengthened past 30 versus the greenback this week for the first time in 18 months. The Taiwan dollar has climbed about 3.6% in the second half of the year as the best performer among the world’s major currencies. Speculation abounds Taiwan’s central bank has been intervening in the market to slow the …

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Chicago PMI Hits Four-Month At 48.9, Still Contracting

December 30, 2019 by Jonathan Custer

  The Chicago Business BarometerTM, produced with MNI, rose 2.6 points in December, hitting a four-month high of 48.9.  Business sentiment dropped by 1.2 points to 46.2 in Q4, marking the lowest quarterly reading since Q2 2009. The index was below the 50-mark for the second successive quarter. Among the main five categories, Supplier Deliveries …

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