With growth persists well into February, as evidenced by positive PMI readings, Bank of Singapore explains why this is so in the Eurozone, Japan and US. Flash PMIs for manufacturing moved to 55.5 in the Eurozone (from 55.2)—the strongest since 2011—53.5 in Japan (from 52.7) and 54.3 in the US (from 55.0). Despite the slight dip in the US, any…
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