Manufacturing activity according to JPMorgan’s global purchasing managers index (PMI) held steady at 50.6 in June, signalling no change to the stagnation that has been a feature during 2013. This heatmap shows the level of growth in manufacturing activity (or lack of it) over the past five years. There was a brief pickup in activity in 2010 before giving way to the current stagnation.
Global PMI against oil chart suggests…no big change in oil prices (here seen against WTI).
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