Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Brazil's June PMI falls to 48.5 from 49.3 previously, the lowest read since October. The Q2...

  • Monday, July 2, 2012, 9:31 AM ET
    Brazil's June PMI falls to 48.5 from 49.3 previously, the lowest read since October. The Q2 average of 49 is below Q1 of 51 and 2011 Q2 of 50.1, notes HSBC. "This also reinforces the perception that the manufacturing sector kept struggling with competitiveness issues," i.e., the real is too strong.
Track new comments on this story

This news story has 1 comment:

  •  
    Not surprised as PBR and Vale are a big portion of their economy.
    2 Jul 2012, 01:40 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Global Articles
More Latest Articles »