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Economic Reports Chicago PMI

  • *UK services PMI undershoots forecast, falls to 3- month low. LONDON, June 5- Britain's services sector grew less than expected and car sales dropped last month, as businesses and consumers put off big decisions before this week's national election, dampening expectations of a strong rebound from a weak first quarter. "The pullback in the services PMI in May from...

  • KAMPALA, June 5- The pace of expansion of private sector activity in Uganda slowed in May, weighed down by weak exports as conflicts in neighboring countries disrupted regional trade, a survey index showed on Monday. "A notable slowdown in new orders was perhaps the main trigger in May, which is not entirely surprising given that Ugandas key export markets...

  • BEIJING, June 5- Activity in China's services sector expanded at the fastest pace in fourth months in May thanks to a surge in new orders, a private business survey showed, helping to offset worries about unexpected weakness in manufacturing. The Caixin/Markit services purchasing managers' index rose to 52.8 in May from April's 51.5, breaking a four-month...

  • *Hungary reports record manufacturing PMI at 62.1, forint jumps. BUDAPEST, June 1- The forint strengthened on Thursday after Hungary's Purchasing Managers' Index jumped to a record high in May, underpinning that strong manufacturing growth continues in Central Europe. The stocks of Hungary's biggest lender, OTP rose other indices in the region dropped.

  • *Hungary reports record manufacturing PMI at 62.1, forint jumps. BUDAPEST, June 1- The forint strengthened on Thursday after Hungary's Purchasing Managers' Index jumped to a record high in May, underpinning that strong manufacturing growth continues in Central Europe. The stocks of Hungary's biggest lender, OTP rose other indices in the region dropped.

  • *China May factory activity contracts in May- Caixin PMI. *Hong Kong property index rises to near 9- month high. SHANGHAI, June 1- China stocks started the month on a bearish note early on Thursday, after a private survey showed the country's manufacturing activity unexpectedly shrank in May for the first time in 11 months, stirring fears of renewed economic...

  • *China factory activity shrinks in May- Caixin PMI. SINGAPORE, June 1- The Australian dollar tumbled on Thursday after a private survey showed China's manufacturing activity unexpectedly shrank in May, casting a cloud over the global economic outlook. "There have been signs of increased unsteadiness in China's economic conditions, starting from May onwards,"...

  • SYDNEY, May 31- Copper prices contracted in late Asian trade on Wednesday after rising earlier in the session on better-than-expected manufacturing data from China. "The PMI suggests an easing of downward pressure on growth," said Shaw and Partners analyst Peter O'Connor. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange ended 1.78...

  • *China May official manufacturing PMI 51.2. *China May official services PMI 54.5. BEIJING, May 31- China's manufacturing and services sectors expanded at a solid pace in May thanks to robust construction and infrastructure investment, welcome news for authorities trying to strike a balance between maintaining stable economic growth and defusing debt risks.

  • *China steel demand may slow as summer sets in- CRU. MANILA/ BEIJING, May 31- Activity in China's steel industry expanded at the fastest pace in a year in May, industry data showed on Wednesday, with a rise in new orders giving mills in the world's top producer incentive to further ramp up output. China, which makes about half of the world's steel, produced a record volume...

  • BEIJING, May 31- Growth in China's services sector accelerated in May from the previous month, an official survey showed on Wednesday. The services sector accounted for over half of China's economy last year as rising wages give Chinese consumers the opportunity to shop, travel and eat out more. China's policymakers are counting on growth in services and...

  • SYDNEY, May 31- Better-than-expected China manufacturing data pushed London copper higher in early trading on Wednesday, reversing overnight losses. *COPPER: Three-month copper on the London Metal Exchange was up 0.5 percent to $5,687 a tonne by 0130 GMT, reversing losses from the previous session. *SHANGHAI: The most-traded copper contract on the Shanghai...

  • *China May official manufacturing PMI 51.2. *China May official services PMI 54.5. BEIJING, May 31- China manufacturing sector grew faster than expected in May as activity in the steel industry rebounded sharply, an official survey showed on Wednesday, allaying concerns of slowing economic momentum as Beijing cracks down on financial risks.

  • MANILA, May 31- Activity in China's steel industry expanded at the fastest pace in a year in May, supported by an increase in new orders, industry data showed on Wednesday.

  • BEIJING, May 31- Growth in China's manufacturing sector in May kept pace with the previous month, an official survey showed on Wednesday, beating expectations in a reassuring sign the world's second-biggest economy is not losing too much steam after a solid first quarter performance. The official Purchasing Managers' Index stood at 51.2 in May, compared with...

  • BEIJING, May 31- Growth in China's services sector accelerated in May from the previous month, an official survey showed on Wednesday. The services sector accounted for over half of China's economy last year as rising wages give Chinese consumers the opportunity to shop, travel and eat out more. China's policymakers are counting on growth in services and...

  • *China official PMI seen at 51.0 in May, vs 51.2 in April. *Data due May 31 at 0100 GMT. BEIJING, May 26- Factory activity in China is expected to have grown at its slowest pace in eight months, a Reuters poll showed, as previous stimulus fades and policymakers focus on tackling rising debt- a sign the cooldown in manufacturing will persist through 2017..

  • LONDON, May 23- Businesses across the euro zone maintained April's blistering growth rate this month as firms struggled to meet growing demand, suggesting the bloc's economic momentum is sustainable at least for now, a survey showed. Data pointing to a broad-based expansion alongside rising price pressures and a record level for Ifo's German business morale...

  • LONDON, May 4- Sterling rose above $1.29 on Thursday after stronger-than-expected data from Britain's huge services sector, which was seen bolstering the case for the Bank of England to raise interest rates sooner rather than later. The Markit/CIPS Services Purchasing Managers' Index, a closely watched gauge of Britain's services industry, rose to a...

  • LONDON, May 4- Sterling gained against the dollar on Thursday, with stronger-than-expected data out of Britain's dominant services sector seen bolstering the case for interest rate hikes from the Bank of England coming sooner rather than later. "The strengthening in the pound, in line with the upside surprise to the PMI data, is consistent with the fact that this...