India Global Mfg PMI slipped to 54.90 in December, declining from prior month reading of 56.00 and below estimates of 55.90. Substantial rises in new orders and production were seen and Input cost inflation was among weakest in 3.5 years.
The specific focus of the Blog is on Global and Domestic interest rates and currencies market. I look at fundamentals to define my bias and corroborate that with a study of price action to put on high conviction trades. The views and opinions are those of author and author alone. ~ Author: Vaishali Bagchi
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