The Markit manufacturing PMI declined to 52.6 in the November flash estimate, coming in below consensus expectations (54.0), as the headline index slid to the lowest level since 2013. Output declined to 54.6 (previous: 55.6), with new orders (53.1, previous: 55.6) and employment (51.9, previous: 53.2) also lower on the month. The export orders index fell below the neutral mark for the first time in three months (49.5, previous: 51.8).
"November release shows broad softness across US manufacturing activity and brings the Markit series closer in line with the ISM manufacturing index, which has indicated stagnant conditions for the past several months. With the trade-weighted dollar at the highest levels in over a decade, the headwinds facing US manufacturing have yet to subside", says Barclays.


Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist
US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious
FxWirePro: Daily Commodity Tracker - 21st March, 2022
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share
US Stock Futures Slip as Fed Minutes, Earnings Season Take Center Stage
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 



