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Economic Reports Chicago PMI

  • *China official PMI seen at 51.6 in July, vs 51.7 in June. BEIJING, July 27- Activity in China's factory sector is expected to have grown again in July, with only a slight slowdown from June's three-month high suggesting momentum in the economy remains strong despite a tighter policy environment. The government-affiliated Chinese Academy of Social Sciences this...

  • *Asia ex- Japan flat, Nikkei jumps as yen weakens. SINGAPORE, July 25- The dollar crept up from a 13- month low on Tuesday after stronger-than-expected readings on U.S. factory and services activity ahead of the start of a Federal Reserve meeting later in the day, but Asian stocks were subdued. The dollar rose 0.15 percent to 111.29 yen early on Tuesday, after touching a...

  • Manufacturing output is up 1.2 percent from June 2016. The Institute for Supply Management reported last week that its manufacturing index rose last month to the highest level since August 2014. But the Commerce Department reported that orders to U.S. factories fell for the second straight month in May.

  • *UK services PMI hits 4- month low in June. LONDON, July 5- Britain's economy is likely to lose momentum in the second half of 2017, according to a closely watched survey that could disappoint some Bank of England officials who want to raise interest rates for the first time in a decade. Business expectations sank to their weakest level since last July's dip after...

  • KAMPALA, June 5- The pace of expansion of private sector activity in Uganda slowed in May, weighed down by weak exports as conflicts in neighbouring 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...

  • LAUNCESTON, Australia, July 3- Copper reached a three-month high after a surprise rise in China's Purchasing Managers' Index, and while the boost was short-lived it does beg the question as to whether better times are ahead for the industrial metal. Benchmark London copper futures touched $5,965 a tonne on June 30 after the official Chinese PMI rose to 51.7 in...

  • LAUNCESTON, Australia, July 3- Copper reached a three-month high after a surprise rise in China's Purchasing Managers' Index, and while the boost was short-lived it does beg the question as to whether better times are ahead for the industrial metal. Benchmark London copper futures touched $5,965 a tonne on June 30 after the official Chinese PMI rose to 51.7 in...

  • *China June official manufacturing PMI 51.7. *China June official services PMI 54.9. BEIJING, June 30- China's factories grew at the quickest pace in three months in June, buoyed by strong new orders in a sign of stabilizing growth, though analysts expect a further slowdown in the world's second-biggest economy is inevitable as Beijing cracks down on debt risks.

  • *China June official manufacturing PMI 51.7. *China June official services PMI 54.9. BEIJING, June 30- China's manufacturing sector expanded at the quickest pace in three months in June, buoyed by strong production and new orders, reassuring news for authorities trying strike a balance between deleveraging and keeping the economy on an even keel.

  • BEIJING, June 30- Growth in China's services sector accelerated in June from the previous month, an official survey showed on Friday. 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...

  • BEIJING, June 30- Activity in China's manufacturing sector in June quickened from the previous month, an official survey showed on Friday, in a reassuring sign the world's second-biggest economy kept up a reasonable pace of growth after a solid first quarter. The official Purchasing Managers' Index stood at 51.7 in June, compared with the previous month's 51.2...

  • *China official PMI seen at 51.0 in June, vs 51.2 in May. BEIJING, June 29- Factory activity in China is expected to have cooled slightly in June from the previous month, a Reuters poll showed, as manufacturers are pressured by government efforts to reduce high levels of debt across the world's second-biggest economy. Most analysts agree that Beijing's crackdown on...

  • *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...