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Indicator Spotlight

September PMIs: Global Momentum Running Out Of Steam

by Felix-Antoine Vezina-Poirier, Chief Strategist  

September flash PMIs show slowing global momentum, reinforcing US equity outperformance and underweights in industrial metals. The US composite slipped to 53.6 from 54.6, led by weaker manufacturing. Europe was mixed: Services strengthened modestly but…

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