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S&P Global Composite PMI Flash

Name: S&P Global Composite PMI Flash
Creator: TipRanks

The S&P Global Composite PMI Flash for France is an economic indicator that measures the overall health of the manufacturing and services sectors by surveying purchasing managers. It is significant because it provides early insights into economic conditions, helping investors and policymakers gauge economic momentum. A reading above 50 indicates expansion, while below 50 signals contraction. The PMI is crucial for financial markets as it can influence monetary policy decisions and investor sentiment, impacting stock and bond markets.