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Watch This Before PMI Report Drops Today...

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Will the market drop after Japans PMI report today? The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

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Business
Tags
live trading, stock market, stock market news
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