TGViewer
Metals Wire Metals Wire @metalswire · 695 subscribers
Post #1748 210
Morning Bites (part 2)

🌏Global manufacturing PMIs remained soft in August. The Eurozone Markit Manufacturing PMI stood flat at 45.8 for the third consecutive month. The US ISM manufacturing PMI was at 47.2 (below market expectations of 48.8)

🇨🇳The official NBS Manufacturing PMI in China shrank further to 49.1 in August (from 49.4 a month ago). Meanwhile, the Caixin China Manufacturing PMI rebounded to 50.4 in August — ahead of the forecasts of 50.0

🇮🇳 Although the Indian manufacturing PMI slowed further to 57.5 (vs. the consensus of 57.8), it remains one the strongest indicators among the world's key economies

❗️Overall, most global PMIs remained below 50.0 in August, indicating an ongoing slowdown in manufacturing activity. However, consistently strong PMI data from India might partly offset the negative impact on demand for industrial metals (e.g. steel, aluminum and copper), we believe

#PMIs
https://metals-wire.com/news-reports
Open in Telegram All posts from @metalswire
More from @metalswire
  1. Oct 1, 2026Morning Bites 🥈Global ETFs bought 4mnoz net of silver in September, following the inflow…
  2. Sep 30, 2026Morning Bites 🚘EU + UK passenger car registrations rose 5% YoY in August, accelerating fr…
  3. Sep 29, 2026Morning Bites 🔗CISA mills daily crude steel production in mid-September inched down to 1.…
  4. Sep 28, 2026Morning Bites 🥉Global mined copper production increased 1.3% YoY in July, vs. the revised…
  5. Sep 25, 2026Morning Bites 🔗Global crude steel output declined 1.2% YoY to 144.2mnt in August, vs. the…
  6. Sep 24, 2026Morning Bites 🇨🇳 The output of power generation equipment in China decreased 3% YoY in A…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →