

Germany’s PMI Rises, Japan’s Inflation Surges & China’s AI Boom - PALvatar Market Recap, February 21 2025
Feb 21, 2025
Germany shows signs of growth with a Composite PMI of 51, while France faces a downturn at 44.5. Japan's inflation spikes to 3.2%, raising concerns about potential interest rate hikes. In Asia, the markets surge, notably the Hang Seng hitting a three-year high, fueled by Alibaba's impressive earnings. Meanwhile, China's AI sector is booming, led by a breakthrough from DeepSeek, invigorating investor interest. It's a whirlwind of mixed signals and technological advancements!
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Mixed PMI Signals in Europe
- Germany's composite PMI shows growth for the second consecutive month, reaching 51 in February.
- France's PMI, however, fell to 44.5, indicating a contracting economy.
Japan's Inflation and Potential BOJ Actions
- Japan's core CPI rose to 3.2%, its highest since June 2023, sparking rate hike discussions.
- Concerns arise about government bond yields and potential market interventions by the BOJ.
Asian Markets and Chinese Tech Surge
- Asian markets rallied, with Hong Kong's Hang Seng Index reaching a three-year high.
- Alibaba's strong earnings contributed to the surge, along with renewed interest in Chinese tech following DeepSeek's AI advancements.