French Services PMI, German Services PMI and German Manufacturing PMI all soared well past expectations.
The HSBC Flash China Manufacturing PMI is published a week ahead of the final HSBC China PMI every month.
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This helped push the overall euro area Services PMI and Manufacturing PMI unexpectedly higher to readings of 56.0 and 56.5, respectively.
The PMI services index for the 17-nation bloc fell to 53.7 from 54.2 while the PMI composite reading dipped to 53.3 from 53.6.
U.S. economic data due for release Monday includes the U.S. manufacturing PMI, the ISM report on business, construction spending and the global manufacturing PMI.
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U.S. economic data due for release Tuesday includes the U.S. manufacturing PMI, construction spending, the ISM report on business, the global manufacturing PMI, and domestic auto sales.
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U.S. economic data due for release Monday includes the manufacturing PMI, the ISM report on manufacturing, construction spending, the global manufacturing PMI, and domestic auto industry sales.
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The German services PMI was at 57.3, its highest level since August 2007, and its composite PMI was at 59.3, back at its April high, the strongest level since January 2007.
The HSBC purchasing managers index, or PMI, is compiled after polling around 400 manufacturing firms which tend to be more export-orientated than those surveyed in the official PMI from the National Bureau of Statistics.
U.S. economic data due for release Friday includes the jobs report, the U.S. manufacturing PMI, the University of Michigan consumer sentiment survey, construction spending, the global manufacturing PMI, the ISM manufacturing report, and domestic auto industry sales.
U.S. economic data due for release Friday includes personal income and outlays, the U.S. manufacturing PMI, the University of Michigan consumer sentiment survey, construction spending, the ISM manufacturing report on business, the global manufacturing PMI, and domestic auto industry sales.
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Export weakness in July may have continued into August, which contributed to the decline of the HSBC PMI, which has a higher weight than the official PMI for export-oriented companies in the coastal region, noted Zhiwei Zhang, an analyst for Nomura Securities in Hong Kong.
Mortgage insurer PMI Group (nyse: PMI - news - people ) said late Wednesday it will delay reporting its fourth-quarter and full-year 2007 financial results because of delays in receiving financial results from FGIC, a troubled bond insurer that it partly owns.
Morgan Global Manufacturing PMI of 48.4 for July was the lowest since June 2009.
This, however, followed a steeper decline in the Chicago PMI, its third consecutive decline.
Markit said the composite output PMI was at 47.7 in May, up from 46.9 in April.
Yet at the same time, the employment components of recent PMI reports have been pretty good.
Today's PMI survey in manufacturing shows a further decline in manufacturing activity in February.
The preliminary reading of HSBC's Purchasing Managers' Index (PMI) fell to 50.5, from 51.6 in March.
The slightly better PMI reading for March did slightly lift the Shanghai stock market.
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Meantime, France's PMI rose to 44.2 in April, from a four-year low in March.
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The headline manufacturing PMI eased to 50.4 when consensus estimates had it at 52.
The PMI index for Germany fell to 50.8, its lowest level since July of 2009.
There was another disappointing economic report from Spain Tuesday, as its services sector PMI fell sharply.
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The German data is also stronger than expected, where the services PMI bounced to 54.7.
The full barrage of Eurozone PMI released earlier was not too far off expectations.
Employment in the sector showed a "fractional decline" in October, the PMI survey said.
The preliminary reading of HSBC's Purchasing Managers Index (PMI) rose to 51.7, from 50.4 in February.
The preliminary reading of the Purchasing Managers Index (PMI) was 51.9, compared with 51.5 in December.
BBC: China manufacturing activity at two-year high, says HSBC
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