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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil HSBC Manufacturing PMI fell to 46 in April 2015
FMPMonthlyReleased May 2015
Brazil HSBC Manufacturing PMI fell to 46 in April 2015, released May 2015, down 0.2 from March's 46.2 reading. The reading matched the 46.8 consensus. HSBC Manufacturing PMI has now declined for 4 consecutive months. Over the past 3 months, HSBC Manufacturing PMI averaged 47.9, vs 49.87 in the prior 3-month window. HSBC Manufacturing PMI is now the lowest in 16 months.
Latest Release
46
Actual
46.8
Consensus
46.2
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Bullish BRL | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2015 reading fell from the previous value of 46.2. Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL) and positively correlated with EUR/USD (Watch).
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HSBC Manufacturing PMI - BR
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