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Bloomberg, Markit ink distribution deal.

BANKING AND CREDIT NEWS-March 25, 2014--Bloomberg, Markit ink distribution deal


25 March 2014 -- New York-based financial information and news firm Bloomberg said that it has entered into a distribution agreement to integrate Markit's Purchasing Managers' Index data into the Bloomberg Professional service.

Markit's PMI surveys are leading indicators of business and economic conditions and influence a wide range of global markets, Bloomberg said.

Conducted in more than 30 nations, these surveys are viewed as timely and internationally comparable economic datasets, it said.

Through this agreement, Bloomberg will provide its 319,000 subscribers with real-time access to Markit's headline PMI data, along with three years of headline PMI historical data.

Customers who subscribe to Markit's full underlying PMI dataset also will have immediate access through Bloomberg to the complete historical time series as well as sub-indexes for variables such as new orders, employment, inventories and input/output prices, and Markit's recently launched Sector PMI survey data.

The PMI data will be available on the Bloomberg Professional service to coincide with the release of the Flash PMI survey data on March 24, 2014.

Bloomberg said that the addition of PMI survey data further expands its economics offering, which integrates economic, market and industry data with advanced analytics and real-time news and analysis.

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1 USD = 0.6061 GBP

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Publication:M2 Banking & Credit News (BCN)
Date:Mar 25, 2014
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