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Economic Reports Chicago PMI

  • 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...

  • *Wall Street little changed ahead of Fed meeting. NEW YORK, May 2- World stock markets inched higher on Tuesday, lifted by gains in Europe amid sturdy corporate earnings and signs of economic strength, while U.S. stock indexes were little changed ahead of a policy meeting of the U.S. IHS Markit's Manufacturing Purchasing Managers' Index for the euro zone jumped to...

  • *UK manufacturing growth surges as PMI exceeds all expectations. *Economists sceptical PMI heralds wider return to strength for UK. "This is better news for the UK economy, after a very gloomy end to last week," said HSBC economist Elizabeth Martins.

  • LONDON, May 2- Sterling inched back below $1.29 on Tuesday, after a long weekend during which the rest of the European Union took a tough and united stance on Britain's exit from the bloc, as traders eyed manufacturing data due later in the morning. The EU-27 endorsed stiff divorce terms for Britain on Saturday and warned Britons to have "no illusions" that a deal to...

  • LONDON, May 2- Sterling inched back below $1.29 on Tuesday, after a long weekend during which the rest of the European Union took a tough and united stance on Britain's exit from the bloc, as traders eyed manufacturing data due later in the morning. The EU-27 endorsed stiff divorce terms for Britain on Saturday and warned Britons to have "no illusions" that a deal to...

  • NEW DELHI, May 2- Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics. Globally, continued strength in Asia and expectations for upbeat PMI readings from Europe later on Tuesday could help offset a recent soft patch in the U.S....

  • BEIJING, May 2- China's factory sector lost momentum in April, with growth slowing to its weakest pace in seven months as domestic and export demand faltered and commodity prices fell, a private survey showed on Tuesday. The findings echoed those in official manufacturing and service sector data on Sunday, reinforcing views that China's economic growth...

  • *China April official manufacturing PMI 51.2. *China April official services PMI 54.0. Zhou Hao, an economist at Commerzbank in Singapore, said recent sharp declines in iron ore and onshore steel prices point to some of the pressures the country's manufacturers are facing.

  • *China April official manufacturing PMI 51.2. *China April official services PMI 54.0. BEIJING, April 30- Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price rises lost steam and authorities moved to tackle risks in the property market and credit growth.

  • BEIJING, April 30- Growth in China's services sector slowed slightly in April compared with the previous month but remained robust, an official survey showed on Sunday. 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...

  • BEIJING, April 30- Growth in China's manufacturing sector slowed in April, an official survey showed on Sunday, as producer price rises lost steam and authorities moved to tackle risks in the property market and credit growth. The official Purchasing Managers' Index stood at 51.2 in April, compared with the previous month's reading of 51.8 and above the 50- point...

  • *China official PMI seen at 51.6 in April, vs 51.8 in March. *Data due on April 30 at 0100 GMT. BEIJING, April 26- The pace of expansion in China's manufacturing sector likely slowed in April, a Reuters poll showed, as factory-gate price lost steam and authorities moved to tackle risks in the property market and credit growth.

  • LONDON, April 21- The euro zone economy bounded into the second quarter with strong broad-based growth, according to a survey showing businesses increased activity at the fastest rate for six years as new orders stayed robust. Signs the bloc is on a sustainable growth path, along with inflationary pressures, will be welcomed by the European Central Bank, which...

  • BEIJING, April 6- Activity in China's service sector expanded at its weakest pace in six months in March, hurt by slower growth in new orders and intensifying cost pressures, a private survey showed, painting a less rosy picture of a sector that Beijing is counting on to maintain economic momentum. There are concerns China's real estate sector- a big growth-driver...

  • LONDON, April 5- Britain's economy has probably slowed from its strong growth of late last year and a cooling jobs market and hefty price increases will become increasingly apparent as Brexit gets underway, according to a survey published on Wednesday. The Markit/CIPS Services Purchasing Managers' Index, a closely watched gauge of Britain's services...

  • *Euro zone final March composite PMI 56.4. LONDON, April 5- Euro zone businesses enjoyed their best quarter in six years at the start of 2017 and although growth was not quite as fast as a flash estimate, the upturn was broad-based, a survey suggested on Wednesday. Earlier surveys from Germany and France, the bloc's two biggest economies, showed growth accelerated...

  • *China PMI data, Asia manufacturing figures support prices. NEW YORK, April 3- Oil prices fell on Monday as a rebound in Libyan oil output weighed against upbeat economic data from Asia that pointed to strong energy demand from the region. Benchmark Brent futures for June delivery lost 41 cents, or 0.8 percent, to settle at $53.12 a barrel.

  • *China PMI data, Asia manufacturing figures support prices. NEW YORK, April 3- Oil prices edged lower on Monday as a rebound in Libyan oil output weighed against upbeat economic data from Asia that pointed to strong energy demand from the region. Benchmark Brent futures for June delivery were down 42 cents, or 0.8 percent, at $53.11 a barrel by 12:16 p.m. EDT.