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

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

Manas Chakravarty   •

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

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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