[macro outlook] pay attention to the initial value of Markit manufacturing PMI in Europe and the United States in February

SMM2 March 19: today's focus on the initial value of Markit manufacturing PMI in February in Europe, the United States and other places.

Germany Markit Manufacturing PMI initial, PMI (Purchasing managers Index (PMI) is one of the prevailing macroeconomic monitoring index systems in the world, which plays an important role in monitoring and forecasting national economic activities, covering production and circulation, manufacturing and non-manufacturing and other fields. Due to the adoption of fast and simple survey methods, the lag is relatively short compared with official data, and it is comprehensive and instructive.

With the total annualized sales of existing homes in the United States in January, the Research Department of the American Real Estate Industry Association receives data from more than 650 real estate agent organizations and associations and the national multiple quotation system on the sales of existing homes in a single family.

The initial PMI of Markit manufacturing in the United States in February is a leading indicator of the state of the economy, as companies can respond quickly to the market environment. By observing the changes in such data, foreign exchange investors judge the outlook of the US economy, which in turn affects the trend of the foreign exchange market.