March 24, 2020 BY Valentina Kirilova

US manufacturing PMI may fall, but do the markets really care?

In addition to the consumer confidence survey data, the release of the "Initial" PMI for March is expected to indicate the performance of the industrial sector and will provide insight into the extent and depth of the turmoil. If we look at the services sector, which already showed signs of turmoil in February after the…

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