jpm_asset_mgmt
  • Investment Strategies

    Investment Options

    • Alternatives
    • Beta Strategies
    • Equities
    • Fixed Income
    • Global Liquidity
    • Multi-Asset Solutions

    Capabilities & Solutions

    • ETFs
    • Pension Strategy & Analytics
    • Global Insurance Solutions
    • Outsourced CIO
    • Sustainable Investing
  • Insights

    Market Insights

    • Market Insights Overview
    • Eye on the Market
    • Guide to the Markets
    • Guide to Alternatives
    • Market Updates

    Portfolio Insights

    • Portfolio Insights Overview
    • Alternatives
    • Asset Class Views
    • Currency
    • Equity
    • ETF Perspectives
    • Fixed Income
    • Long-Term Capital Market Assumptions
    • Sustainable Investing

    Retirement Insights

    • Retirement Insights Overview
    • Essential Elements of a Sound Retirement System
    • Building Better Retirement Portfolios
  • Resources
    • Center for Investment Excellence Podcasts
    • Insights App
    • Library
    • Multimedia
  • About us
  • Contact Us
Skip to main content
  • English
  • Role
  • Country
  • Client Reporting
Search
Menu
CLOSE
Search
  1. Home
  2. Insights
  3. Market Insights
  4. Market Updates
  5. Weekly Market Recap

  • Share
  • LinkedIn Twitter Facebook
  • Download
  • Print
  • Actions
  • LinkedIn Twitter Facebook
    Download Print

Weekly Market Recap

Asia Pacific

29/03/2021

Week in review

  • Eurozone manufacturing PMI hit record high of 62.4
  • U.S. manufacturing PMI rose to 59.0
  • UK core CPI slowed to 0.9% y/y

Week ahead

  • Japan unemployment rate
  • China Markit/Caixin manufacturing PMI
  • U.S. nonfarm payrolls, unemployment rate

Thought of the week

Manufacturing survey data improved through March in both the U.S. and the Eurozone. The Eurozone index is at an all-time high, which may seem to contradict recent news flow from the region, including the slow pace of vaccine distribution and recently re-imposed mobility restrictions. The timing of the surveys will have had some bearing on this as they occurred before major restrictions were announced. Meanwhile, the pick-up in supplier delivery times as demand comes back faster than supply is also pushing the headline indices higher. Despite these factors the rise in business sentiment indicated by these surveys suggests that companies are prepared to look through short-term set-backs to the economic recovery. Preferring to focus appears to be the continued path for vaccinations and easing of restriction that will come in the months ahead, as well as the expected step up in economic activity that these will deliver in the second half of the year.

Manufacturing survey data surges

Purchasing Managers’ Index for manufacturing

Source: IHS Markit, J.P. Morgan Asset Management.  
Data reflect most recently available as of 24/03/21.

0903c02a82467a72

Market Insights
J.P. Morgan Asset Management

  • About us
  • Investment stewardship
  • Privacy policy
  • Cookie policy
  • Binding corporate rules
  • Sitemap
Opens LinkedIn site in new window
J.P. Morgan

  • J.P. Morgan
  • JPMorgan Chase
  • Chase

READ IMPORTANT LEGAL INFORMATION. CLICK HERE >

The value of investments may go down as well as up and investors may not get back the full amount invested.

Copyright 2021 JPMorgan Chase & Co. All rights reserved.