An analysis of January 2024 purchasing managers’ index (PMI) data by Macquarie Group has suggested that industrial commodities may be poised for a period of bullish growth. Macquarie’s analysis indicates that the global industrial cycle may be approaching a turning point after a series of recount lows.
The Sydney-based diversified financial solution provider found that new global manufacturing orders saw a 12% month-over-month increase and…
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