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Economic Reports Chicago PMI

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  • Wednesday's Markit/ CIPS services purchasing managers' index fell to 57.4 in July from 58.5 in June, undershooting a Reuters poll forecast for 58.0 but still indicating expansion among services businesses. And survey compiler Markit suggested the upturn was relying on financial services companies, which in July enjoyed their best month since 2013. By...

  • With conditions and sentiment improving in the bloc after the deal, Markit's July final Composite Purchasing Managers' Index beat an earlier estimate of 53.7, settling at 53.9. The composite PMI pointed to third-quarter expansion of 0.4 percent, Markit said, in line with the expectations for the previous three months but less than the 0.5 percent median...

  • *July Caixin services PMI hits 53.8, highest since Aug 2014. BEIJING, Aug 5- Activity in China's services sector expanded at its fastest pace in 11 months in July, thanks to stronger new business, a private survey showed on Wednesday, a welcome development at a time factories in the world's second largest economy are struggling. The services Purchasing Managers'...

  • BEIJING, Aug 5- Activity in China's services sector expanded to its fastest pace in 11 months in July, a private survey showed on Wednesday, offseting some downward pressure on the world's second largest economy as the manufacturing sector falters. China's official services PMI released on Saturday showed that activity quickened slightly in July from the...

  • TOKYO, Aug 5- Japanese services sector activity expanded in July at a slightly slower pace than the previous month, a survey showed on Wednesday, suggesting only a moderate rebound in the economy after an expected contraction in the second quarter. The Markit/ Nikkei Japan Services Purchasing Managers Index fell to a seasonally adjusted 51.2 in July from 51.8 in...

  • JPMorgan's Global Manufacturing Purchasing Managers' Index, produced with Markit, held steady at June's 51.0 last month, matching April's near two-year low. "The lackluster trend in new orders suggests the soft growth patch may continue in the coming months," said Joseph Lupton, senior economist at JPMorgan. The global PMI combines survey data from countries...

  • *July PMI in China curbs risk sentiment. LONDON, Aug 3- Weak data from China helped push oil prices to their lowest in six months on Monday, knocking the Canadian dollar, and sent Asian stocks close to their 2015 lows. The S&P 500, Dow Jones Industrial and Nazdaq markets all looked set to open little changed, shrugging off the troubles of Greece whose stock market...

  • ATHENS, Aug 3- Greece's bruising fight with its international creditors sent economic sentiment to its lowest level in nearly three years in July and knocked manufacturing activity down to record lows. Significantly, Markit's purchasing managers' index showed new orders plummeting. "Manufacturing output collapsed in July as the debt crisis came to a head,"...

  • The Markit/ CIPS manufacturing purchasing managers' index rose more than forecast in July to 51.9. "Although a tick higher in the headline PMI breaks the decelerating trend in UK manufacturing, growth in the sector remains near-stagnant and suggests that the sector is continuing to act as a drag on the economy," said Rob Dobson, economist at data company Markit.

  • Greece shut its banks and imposed capital controls on June 29 to avert a bank run after Prime Minister Alexis Tsipras called a referendum on a new bailout. Markit's purchasing managers' index for manufacturing, a sector which makes up about 10 percent of the economy, fell to 30.2 points last month, the lowest reading since the company began compiling the data in...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting by the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. Fears of a full-blown market crash have added a new sense of urgency for policymakers in Beijing, with many...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting by the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. China's official factory activity survey released on Saturday showed growth at big manufacturing...

  • TOKYO, Aug 3- Japanese manufacturing activity expanded at the fastest pace in five months in July though not as much as initially expected, a private survey showed on Monday, suggesting economic growth may be slowly recovering after an expected second-quarter slump. The final Markit/ Nikkei Japan Manufacturing Purchasing Managers Index was a seasonally...

  • *Sluggish readings add to views economy needs more stimulus. BEIJING, Aug 1- Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump. It did not mention any impact...

  • China official services PMI edges up to 53.9 in July Friday, 31 Jul 2015 | 9:10 PM ET

    SHANGHAI, Aug 1- Activity in China's services industry quickened slightly in July from the previous month, an official survey showed on Saturday.

  • SHANGHAI, Aug 1- Growth in China's vast manufacturing sector stalled in July, missing market expectations for slight growth, an official survey showed on Saturday. The official Purchasing Managers' Index stood at 50 in July, down from the previous month's 50.2. The 50- point mark separates growth from contraction on a monthly basis.

  • *China official PMI seen at 50.2 in July, unchanged from June. BEIJING, July 29- Growth in China's manufacturing sector likely steadied in July but remained at a subdued pace, a Reuters poll showed, fuelling hopes that a slowdown in the world's second-largest economy may be gradually bottoming out. The flash Caixin/Markit PMI released last week showed China's...

  • LONDON, July 24- Oil prices hovered near four-month lows on Friday after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. "Concerns around the demand environment were heightened further today by the PMI read out of China," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

  • LONDON, July 24- Brent crude oil prices neared four-month lows on Friday after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. "Concerns around the demand environment were heightened further today by the PMI read out of China," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

  • *PMI points to euro zone Q3 GDP growth of 0.4 pct- Markit. LONDON/ SYDNEY, July 24- The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China's vast factory sector appeared to be contracting at the fastest pace in 15 months in July. Markit's purchasing managers' indexes are one of the...