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Economic Reports Chicago PMI

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  • BEIJING, April 29- Growth in China's vast factory sector likely stalled in April, a Reuters poll showed, reinforcing persistent sluggishness in the economy and arguing the case for more policy easing. "The government's policies to keep the economy growing at a steady rate have not passed on to the real economy yet," said Hwabao Trust analyst Nie Wen.

  • US STOCKS-Wall St to open lower on weak data, earnings Thursday, 23 Apr 2015 | 9:16 AM ET

    *Pepsi, P&G, 3 M blame strong dollar for missing estimates. April 23- U.S. stocks were set to open lower on Thursday weighed by soft data out of Europe and China, while companies such as Procter& Gamble and 3 M joined others in issuing disappointing forecasts. The fall in European stock markets and the weaker PMI numbers across the board dragged futures lower on Wall...

  • *Ericsson, Bilfinger slump; Michelin surges. LONDON, April 23- European shares slipped on Thursday, with Germany's DAX index underperforming following a disappointing purchasing managers' survey while weak results from Ericsson hit technology stocks. Tech shares were hit as telecom equipment maker Ericsson slumped 12 percent after it posted...

  • The sudden drop in the euro zone flash composite Markit Purchasing Managers' Index was driven by sharply slower growth in manufacturing orders in Germany and France, suggesting recent optimism about the euro zone may be overdone. Factory order growth slowed particularly in France, but also in major goods exporter Germany, and the euro zone's No. 1 economy,...

  • April 23- Euro zone private sector business growth was weaker than forecast this month on slowing new orders in the region, dragged down largely by faltering activity in France, a survey showed on Thursday. "The weaker rate of expansion is a big disappointment, given widespread expectations that the ECB's quantitative easing will have boosted the fledgling...

  • SHANGHAI, April 23- China stocks rose to fresh seven-year highs on Thursday, with weaker-than-expected factory activity data reinforcing expectations of fresh government stimulus. The flash HSBC/ Markit Purchasing Managers' Index showed that China's factory activity in April contracted at its fastest pace in a year, suggesting that economic conditions...

  • HONG KONG, April 23- China's yuan edged lower on Thursday after a private survey showed factory activity contracting at its fastest pace in a year in April, but the underlying tone remains firm, adding to the problems of industry. The flash HSBC/ Markit Purchasing Managers' Index fell to 49.2 in April, below the 50- point level that separates growth in activity from a...

  • *Japan shares make another 15- year top amid bullish sentiment. Neither was the news bright from Japan where the Markit/ JMMA flash PMI fell to 49.7 in April from a final 50.3 in March. Stocks in South Korea gained 0.5 percent to near a four-year top, while MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent and was just shy of its highest...

  • SHANGHAI, April 23- China's factory activity contracted at its fastest pace in a year in April, a private survey showed, suggesting that economic conditions are still deteriorating despite increasingly aggressive policy easing by the central bank. The flash HSBC/ Markit Purchasing Managers' Index fell to 49.2 in April, below the 50- point level that separates...

  • SHANGHAI, April 23- Chinese factory activity contracted to its lowest level in a year in April, a private survey showed, suggesting that economic conditions are still deteriorating despite increasingly aggressive policy easing by the central bank. The flash HSBC/ Markit Purchasing Managers' Index fell to 49.2 in April, below the 50- point level that separates...

  • TOKYO, April 23- Japanese manufacturing activity contracted in April for the first time in almost a year as domestic orders and output fell, which could fuel concerns that the country's modest economic recovery is losing momentum. The Markit/ JMMA flash Japan Manufacturing Purchasing Managers Index fell to a seasonally adjusted 49.7 in April from a final 50.3...

  • SYDNEY, April 23- Sterling stood at its highest in over a month early on Thursday, having outperformed its peers after the latest set of policy minutes from the Bank of England was less dovish than expected. The pound climbed as far as $1.5080, while the euro slid to 71.20 pence, reaching levels not seen since mid-March. "Weighed down by the uncertain outcome of the May...

  • JPMorgan's Global All-Industry Output Index, produced with Markit, jumped to 54.8 in March from February's 53.9. "The global all-industry PMI points to an acceleration of global GDP growth through the opening quarter of 2015," said David Hensley, a director at JPMorgan. The indicator, produced by JPMorgan with research and supply management organisations,...

  • LONDON, April 7- Growth in Britain's services sector rose sharply last month, pointing to a speeding up of overall economic growth in the first three months of 2015, financial data company Markit said on Tuesday. Adding to a run of positive economic news before a May 7 national election, the Markit/ CIPS services purchasing managers' index staged its biggest gain...

  • *PMIs point to Q1 GDP growth of 0.3 pct- Markit. LONDON, April 7- Euro zone business activity accelerated in March at its fastest pace for nearly a year as customers took advantage of ongoing price discounting to place new orders at a rate not seen since mid-2011, a survey found. Markit's final March Composite Purchasing Managers' Index, seen as a good indicator of...

  • -Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, April 2- China takes steps to stimulate its vast housing sector and the manufacturing index surprises on the upside, and yet iron ore slips to another record low. The People's Bank of China on March 30 cut downpayment requirements for buyers of second homes, while the Ministry of Finance said...

  • April 2- Indian manufacturing growth accelerated in March after a jump in demand even though firms pushed up prices at the fastest rate in four months, a business survey showed on Thursday. The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, rose to 52.1 in March from 51.2, confounding economists polled by Reuters who expected a slight dip to...

  • JPMorgan's Global Manufacturing Purchasing Managers' Index, produced with Markit, nudged down to 51.8 in March from February's four-month high of 51.9. "The March PMI surveys suggest that the global manufacturing sector continued to make steady progress, with rates of expansion in output and new orders staying close to the solid rates seen in recent months,"...

  • *Barry Callebaut up 8 pct after posting strong results. LONDON/ PARIS, April 1- European shares reversed early losses after the first major data of the new quarter showed manufacturing activity across the euro zone accelerated faster than previously thought last month. Markit's final March manufacturing Purchasing Managers' Index was at a 10- month high of...

  • WARSAW, April 1- Manufacturing activity in central Europe expanded strongly in March thanks to the region's close ties to the reviving euro zone- as well as to it avoiding excessive currency gains by keeping monetary policy loose. In the export-reliant Czech Republic, the Purchasing Managers' Index for manufacturing rose to 56.1 from February's 55.6, boosted...