Market Comment | Concerns about global growth threaten an incipient rebound

Negative PMI in China. China’s manufacturing PMI fell more than expected in January (by 0.3 points to 49.4; consensus: 49.6) remaining below the 50 points benchmark. Disappointing macroeconomic data in the US. ISM manufacturing in January rose less than expected (by 0.2 points to 48.2; consensus: 48.4), mainly due to the fall in the employment […]

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