Breaking News

South Korea Nikkei Manufacturing Purchasing Managers Index (PMI)

Latest Release

Nov 01, 2024

Actual

48.3

The PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the KRW , while a lower than expected reading should be taken as negative/bearish for the KRW.

Importance:

Country:

Currency: KRW

Source: HSBC

Release Date	Time	Actual	Previous
Dec 01, 2024 (Nov)	19:30		48.3
Oct 31, 2024 (Oct)	19:30	48.3	48.3
Oct 01, 2024 (Sep)	19:30	48.3	51.9
Sep 01, 2024 (Aug)	19:30	51.9	51.4
Jul 31, 2024 (Jul)	19:30	51.4	52.0
Jun 30, 2024 (Jun)	19:30	52.0	51.6

News

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Investing.com-- Most Asian currencies fell on Tuesday, marking a weak start to the year as dismal Chinese economic readings continued to pile in, while the dollar steadied in anticipation of more key...

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Asian stocks sink after stellar November, PMIs offer mixed cues By Investing.com - Nov 30, 2023

Investing.com-- Most Asian stocks retreated on Friday, seeing a measure of profit taking after clocking strong gains through November, with focus now turning to an upcoming address from Fed Chair...

Analysis

Opening Bell: U.S. Contracts, Global Stocks Rebound On Strong Asian Data By Pinchas Cohen - Dec 01, 2020

China manufacturing soared to a decade-high level Bitcoin reaches new record Key EventsOn Tuesday, US futures, including for the Dow, S&P 500, NASDAQ and Russell 2000, rebounded after underlying...

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Futures jump over 1% despite a potentially contested US election outcome New COVID-19 infection records set as European lockdowns begin Positive economic data from China and South Korea Key...

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Overseas stock markets have sold off to start the new trading week, following through from Friday afternoon's drop in North America which started on the news that Hillary Clinton is back under...

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