Morning Bites (part 2)

🌏 Global manufacturing PMIs showed soft dynamics in November. The Eurozone Markit Manufacturing PMI was recorded at 49.7 (vs. 50.0 in October), while the US ISM Manufacturing PMI was down to 48.2 (from 48.7)

🇨🇳 The official NBS Manufacturing PMI in China inched up to 49.2 (vs. 49.0 a month ago). Meanwhile, the Caixin China Manufacturing PMI slid to 49.9

🇮🇳 India’s manufacturing PMI of 56.2 remains one of the strongest indicators among the world's key economies

❗️Overall, global manufacturing PMI readings softened last month, underlining the weakness in the manufacturing activity of the world's key economies. However, India remains the standout with continuously robust PMI figures

#PMIs