Investors to seek new growth cues in latest round of economic figures

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Traders at the New York Stock Exchange. US markets are closed on Thursday for Thanksgiving, a day after markets will closely analyse a stream of US data that are expected to come in.
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Dubai: As the week kicks off with manufacturing data from several key economies, which will give an insight into the global economy, economists foresee some slowdown from recent economic strength.

Numbers from Purchasing Managers’ Indexes (PMIs) – economic indicators derived from monthly surveys of private sector companies – released next week will provide important mid-quarter insights into the state of the Eurozone, UK and US economies, flags IHS Markit, which analyses economic data.

IHS Markit also noted that the PMIs will be the first major surveys to provide clues as to how business conditions have changed in the aftermath of the US elections and at a time when the adverse impact of new lockdowns in many …

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