🌏Global manufacturing PMIs showed some improvement in August. The Eurozone Markit Manufacturing PMI was 50.7 (vs. 49.8 in July), while the US ISM Manufacturing PMI rose to 48.7 (from 48.0)
🇨🇳The official NBS Manufacturing PMI in China inched up to 49.4 (vs. 49.3 a month ago). Meanwhile, the Caixin China Manufacturing PMI rose to 50.5
🇮🇳 India’s manufacturing PMI of 59.3 remains one of the strongest indicators among the world's key economies
❗️Overall, global manufacturing PMI readings improved in August: Eurozone and China’s Caixin PMI moved into expansion, while the US showed a slower pace of contraction. India remains the standout with a robust PMI
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