Get your money's worth: Using PMI data to assess currency valuation
Our PMI data have long been used to accurately nowcast - assess the current health of economies. Relying on its early release, well in advance of comparable official data, and its standardized methodology its an accurate early indicator. Our analysts are now using these same attributes to explore how PMI data could help establish whether a currency is over, under, or valued just right. Intrigued? Out PMI research team discusses currency valuations, the impact of price pressures on business performance, and our latest survey results. Read more about this: https://ihsmarkit.com/research-analysis/estimating-shortterm-fx-equilibria-using-pmis-Oct21.html Paul Smith, Director, Economic Indices, IHS Markit https://ihsmarkit.com/experts/smith-paul.html Joseph Hayes, Economist, Economic Indices, IHS Markit https://ihsmarkit.com/experts/hayes-joseph.html Pollyanna De Lima, Principal Economist, Economic Indices, IHS Markit https://ihsmarkit.com/experts/de-lima-pollyanna.html Andrew Harker, Associate Director, Economic Indices, IHS Markit https://ihsmarkit.com/experts/harker-andrew.html