In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- In today’s Morning Views publication we comment on developments of the following high yield issuers: Softbank Group, Sands China, Vedanta Resources
In the US, the ISM manufacturing index climbed to expansion territory at 50.9 in January (50.0 e / 49.2 revised p), after being in contraction mode for 26 consecutive months.
Separately, the January (final) S&P US manufacturing PMI rose to 51.2 (49.4 p), above the preliminary reading of 50.1. US President Donald Trump has agreed to a 30-day pause on his tariff threats against Mexico and Canada, after the two neighbouring countries pledged to bolster border-enforcement efforts in response to Mr Trump’s demands to crack down on illegal immigration and drug smuggling.
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