S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketChina’s Caixin Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 in March from 50.8 in February, according to the latest data released on Tuesday.
The markets were expecting a 51.1 print in the reported month.
Key highlights (via Caixin)
“New orders growth supported by quickest rise in exports since last April.”
“Employment expands for the first time in 19 months.”
“Input prices fall for the first time since last September.”
“Both supply and demand continued to increase. Manufacturers saw their promotional efforts pay off as the market improved. In March, output grew for the 17th straight month and at the fastest pace in four months, while the subindex for total new orders stayed in expansionary territory for the sixth straight month,” said Wang Zhe, an economist at Caixin Insight Group.
AUD/USD reaction to China’s PMI data
The upbeat Chinese Manufacturing PMI helped the Aussie Dollar pare some losses, as AUD/USD recovered to near 0.6240 at the time of writing, modestly flat on the day.
