Global PMI Slowdown
US and Indonesian manufacturing activity decelerates sharply in June while Nigeria expands, highlighting divergent global growth trends and softening demand across major economies.
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- ALERTIndonesia trade deficit widens as manufacturing PMI falls, prompting parliamentary warning
Deteriorating June macro data in Indonesia raises questions about near-term growth momentum and policy response.
- MARKETNigeria private sector expands for fifth straight month in June PMI
Stanbic IBTC data shows continued growth in Africa's largest economy, contrasting with contractions in the euro zone and softness elsewhere.
- MARKETUS ISM PMI drops to 56.7 in June, signaling sharp slowdown in private sector activity
The steep decline from May's 62.7 reading underscores a rapid deceleration in US business momentum, adding to a global trend of softening demand seen in Europe and India.
- MARKETMarkets brace for PMI data amid ongoing negotiation uncertainty
Investors face a pivotal day as purchasing manager indices arrive against a backdrop of unresolved talks, setting the stage for potential volatility in risk assets.