-
Trader’s guide to the Purchasing Managers’ Index
In the world of finance and economics, reliable indicators are invaluable for assessing the health of industries and making informed trading decisions. One popular indicator is the Purchasing Managers’ Index (PMI). The PMI serves as a reliable gauge of economic activity and sentiment within specific sectors. In this article, we’ll cover what the Purchasing Managers’ Index is, how it works and how you can use it in your trading strategy. What is the PMI? The Purchasing Managers’ Index (PMI) is an economic indicator that provides insight into the manufacturing or services sector's overall health within a ... (full story)