Bob Ferrari’s blog has helpfully rounded up reports from production activity indicators for the first three months of this year – and there are some signs of hope. Globally, according to JP Morgan, the manufacturing PMI rose to 51.2 in March, while China, South Korea, Taiwan and Singapore all noted rises over February. India, stymied by electrical blackouts, saw a slowdown, as did the US. Meanwhile, the Eurozone region continues to slip painfully downwards. An interesting read.
By Alex Lennane