HSBC PMI Manufacturing
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Aug 03, 13:00 |
|
HSBC PMI Manufacturing |
|
51.6 | 56.7 | 58.20 |
HSBC PMI Manufacturing
The manufacturing PMI, released by the Bureau for Economic Research, is an indicator of the economic situation of the manufacturing sector in Brazil and it captures an overview of the condition of sales and employment. Above 50 points it shows improvements in the sector whereas a number lower than 50 means contraction. Usually, a high reading is positive for the Real, whereas a low reading is seen as bearish.
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