Breaking News

South Korea Nikkei Manufacturing Purchasing Managers Index (PMI)

Latest Release

Dec 02, 2024

Actual

50.6

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 02, 2024 (Nov)	00:30	50.6	48.3
Nov 01, 2024 (Oct)	00:30	48.3	48.3
Oct 02, 2024 (Sep)	00:30	48.3	51.9
Sep 02, 2024 (Aug)	00:30	51.9	51.4
Aug 01, 2024 (Jul)	00:30	51.4	52.0
Jul 01, 2024 (Jun)	00:30	52.0	51.6

News

Asia FX slips on weak China PMIs; dollar steadies before more cues By Investing.com - Jan 02, 2024

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...

Asia FX muted, dollar rebounds before Powell speech By Investing.com - Dec 01, 2023

Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve Chair Jerome...

Asian stocks sink after stellar November, PMIs offer mixed cues By Investing.com - Dec 01, 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 1

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...

Opening Bell: Futures Jump; Oil Slumps To 5-Month Low; U.S. Election Looms By Pinchas Cohen - Nov 02, 2020

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...

Global Recovery Broadens Out To Asia As India Leads Manufacturing Rankings In September By Chris Williamson - Oct 30, 2020

Global manufacturing PMI at highest since August 2018 as production upturn reported in 25 of 31 countries surveyed Upturn led by India, followed by Brazil, Germany and the UK, but only China and...

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