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Economic Reports Chicago PMI

  • China again led the way, with an official manufacturing index expanding at the fastest pace in nearly five years, while factory surveys on Monday showed encouraging growth as well in Japan, India and much of emerging Asia. In China, the official Purchasing Managers' Index on Friday rose to 51.8 in March from the previous month's 51, thanks to a months-long...

  • PMI data from Europe, U.S. could give oil market direction. International benchmark Brent futures slipped 15 cents, or 0.3 percent, to $53.38 a barrel by 0440 GMT. U.S. futures fell nearly 6 percent from the previous quarter, while Brent lost 7 percent as rising inventory levels outpaced output cuts by OPEC and non- OPEC members.

  • PMI data from Europe, U.S. could give oil market direction. International benchmark Brent futures had slipped 7 cents to $53.46 a barrel by 0207 GMT. U.S. futures fell nearly 6 percent from the previous quarter, while Brent lost 7 percent as rising inventory levels outpaced output cuts by OPEC and non- OPEC members.

  • BEIJING, April 1- Activity at China's factories expanded for a ninth straight month in March but at a softer pace as new export orders slowed, a private survey showed, raising questions about whether a recent pickup in global demand is losing steam. The findings contrast with those of China's official factory survey on Friday, which showed activity grew the...

  • LONDON, March 31- In the week after Britain formally notified the European Union of its intention to quit the bloc, business surveys will give more idea of what-- if any-- impact Brexit is having on the British economy and how its EU peers compare. Last month's purchasing managers' index reports suggested unexpectedly strong growth in Britain's economy since June's...

  • BEIJING, March 31- Activity in China's steel industry expanded at a slower pace in March even as mills continued to ramp up output, sparking worries of oversupply in the world's top producer of the metal, an industry survey showed on Friday. A renaissance in China's steel industry has been a major driver of the world's second-largest economy in recent quarters,...

  • *China March factory activity strongest since April 2012. *Service sector growth strongest since May 2014. BEIJING, March 31- Activity in China's manufacturing sector unexpectedly expanded at the fastest pace in nearly 5 years in March, adding to evidence that the world's second-largest economy has gained momentum early this year, an official survey showed on...

  • BEIJING, March 31- Growth in China's services sector accelerated in March at the fastest pace in nearly three years, an official survey showed on Friday. The services sector accounted for over half of China's economy last year and for the majority of its 6.7 percent growth as rising wages give Chinese consumers the opportunity to shop, travel and eat out more.

  • BEIJING, March 31- Activity in China's manufacturing sector expanded at a faster pace than expected in March, adding to evidence that the world's second-largest economy is gaining momentum early in the year, an official survey showed on Friday. The official Purchasing Managers' Index rose to 51.8 in March, compared with the previous month's 51.6.

  • *Asia ex- Japan set for 13 pct quarterly gain; Nikkei for 0.3 pct. *Oil continues climb after Kuwait agrees to extend OPEC cuts. Stock markets in Asia were off a bit despite solid gains on Wall Street as investors awaited China's official manufacturing purchasing managers index data for March.

  • *China official PMI seen unchanged at 51.6 in March. *Data due on March 31 at 0100 GMT. BEIJING, March 29- Activity in China's vast manufacturing sector likely grew for an eighth straight month in March as a surprise rebound in the property market added to a construction boom, boosting sales of building materials from steel to cement, a Reuters poll showed.

  • Selling picked up marginally after the Institute for Supply Management's non-manufacturing purchasing managers' index hit its highest level since October 2015, and comments from regional Fed presidents Charles Evans and Jeffrey Lacker that suggested a March rate hike was being strongly considered. Three more members of the U.S. central bank will give...

  • LONDON, March 3- Sterling fell to a seven-week low on Friday, as a survey showed growth in Britain's dominant services sector cooling and British Prime Minister Theresa May played down talk of a fresh Scottish independence vote as the UK prepares to leave the EU. In a speech to her Conservative Party's Scottish conference in Glasgow, May questioned the Scottish...

  • LONDON, March 3- Sterling edged lower against the dollar on Friday, trading just off a 6- week low ahead of an industry survey expected to confirm a slowing in Britain's dominant services sector ahead of the launch of European Union exit talks this month. Sterling has fallen sharply this week, breaking through support around $1.24 and then $1.23 as data suggested...

  • *UK construction growth improves, driven by civil engineering. LONDON, March 2- Growth across Britain's construction industry picked up slightly in February, driven by the civil engineering sector, though a slowdown in new orders and soaring costs added to mixed signals for the economy, a survey showed on Thursday. Adding to the uncertain outlook, Travis Perkins,...

  • *Growth in new export orders highest since April 2011. While the upturn in euro zone factory activity was not shared by all major economies, particularly France, prices rose faster across most countries in the region. The IHS Markit euro zone manufacturing Purchasing Managers' Index rose to 55.4 in February-- the highest reading since April 2011-- from 55.2 in...

  • BUDAPEST, March 1- Central European currencies and stocks surged and government bonds eased on Wednesday after Czech, Hungarian and Polish manufacturing indices showed robust economic growth. Hungary's Purchasing Managers' Index jumped to a record-high of 59.5 in February from 57 in January, far above the 50 line that separates economic growth from...

  • *China manufacturing PMI hits 3- mth high, beats expectations. MELBOURNE, March 1- London copper climbed on Wednesday to its highest in nearly one week, supported by an upturn in manufacturing growth in top metals user China and concerns about a shortage of mine supply. "This confirms that China's economic fundamentals are gaining momentum bodes well for China's...

  • *China manufacturing PMI hits 3- mth high, beats expectations. MELBOURNE, March 1- London copper was marking time on Wednesday during a key speech by U.S. President Donald Trump, with prices supported by an upturn in manufacturing growth in top metals user China.

  • BEIJING, March 1- Activity in China's manufacturing sector expanded faster than expected in February, an official survey showed on Wednesday. The official Purchasing Managers' Index rose to a three-month high of 51.6 in February, compared with the previous month's 51.3, and above the 50- point mark that separates growth from contraction on a monthly basis.