Tag Archives: PMI

Indian economy experiences V-shaped recovery: FinMin report

“However, high optimism among investors continues unabated, as seen in equity markets around the world. With the US dollar further weakening in November, growth prospects in the rest of the world have strengthened.” , said. The Indian economy is experiencing a V-shaped recovery, as the Gross Domestic Product (GDP) has …

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PMI and GST data indicate sustained economic recovery

India’s manufacturing activity remained strong a month after hitting a decade high and indirect tax collection increased ₹$ 1 trillion for the second month in a row in November, indicating that the recovery process in Asia’s third-largest economy may still be underway. The deepening contraction in growth in the core …

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XAU / USD preparing for a test of $ 2000, ISM looked

The US dollar licks its wounds, still supporting the rise in gold. The ISM Employment Index and the Employment Index and Manufacturing PMI will improve. The technical setup still favors the XAU bulls. Gold (XAU / USD) has entered a consolidation phase in the European session, with new two-week highs …

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