The message from the flash PMI numbers is a simple one—in regions where the latest covid wave is ebbing, there has been a rebound in growth, accompanied by higher inflation
Expansion continues to be robust for the US, Eurozone and the UK, but momentum is slowing
We have a two-speed global economy, with the services sector offsetting huge weaknesses in manufacturing and trade
Jan Lambregts of Rabobank gave his views on why the Asian and European markets are down despite a positive handover from the Wall Street