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Lower flash PMIs pull down US bond yields, spark stock market rally

The flash PMI survey for August shows that the service sector-led acceleration of growth in the advanced Western economies has faded 

August 24, 2023 / 09:25 IST
While slower growth in the West will continue to affect Indian exports, the saving grace, from India’s point of view, is that the sputtering Chinese economy is keeping a lid on commodity prices
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