Economic Reports
Chicago PMI
LONDON, Sept 22-- September Flash Composite PMI jumps to 56.7. LONDON, Sept 22- Euro zone private businesses ended the third quarter with much stronger growth than predicted, bolstered by manufacturers, who had their best month since early 2011, a survey showed on Friday. That growth, alongside rising inflationary pressures, is likely to increase expectations the...
LONDON, Sept 5- Struggling sterling steadied just above $1.29 on Tuesday, with weaker-than-expected numbers from Britain's dominant services industry adding to a downbeat run of data that has seen the pound lose almost 3 percent versus the dollar in the past month. The monthly Purchasing Managers' Index survey for the services sector showed growth at its...
BEIJING, Sept 5- China's services sector expanded at a faster clip in August as new business orders picked up, a private business survey showed on Tuesday, pointing to renewed strength in a key part of the world's second-largest economy. An official gauge of the non-manufacturing sector published last week also showed continued expansion in the services...
LONDON, Sept 1- Britain's factory activity grew a lot more strongly than expected in August as work flowed in from home and abroad, a survey showed on Friday, suggesting the economy might be picking up speed after a slow first half of 2017.. The Markit/CIPS UK Manufacturing Purchasing Managers' Index jumped to a four-month high of 56.9 from 55.3 in July, above all...
*European stocks higher after PMI data, following Asia, U.S. LONDON, Sept 1- Gains for Europe and Asia pushed world shares back towards record highs on Friday, while the dollar crept up ahead of the monthly excitement of U.S. payrolls data. Euro zone stocks had been at risk of their second red week in a row but a 0.5 percent early rise looked to have dug them out of trouble,...
LONDON, Sept 1- Sterling steadied above $1.29 on Friday, gaining back some initial losses in morning trade in London after the PMI index of sentiment among manufacturing sector purchasing managers came in well above forecasts. By 0843 GMT, it was only marginally lower on the day at $1.2923. The survey showed Britain's factories grew a lot more strongly than...
LONDON, Sept 1- Sterling steadied above $1.29 on Friday, gaining back some initial losses in morning trade in London after the PMI index of sentiment among manufacturing sector purchasing managers came in well above forecasts. By 0843 GMT, it was only marginally lower on the day at $1.2923. The survey showed Britain's factories grew a lot more strongly than...
China's manufacturing activity expanded at the fastest pace in six months in August, buoyed by a surge in export orders and higher prices, according to the private Caixin manufacturing purchasing managers index. *NICKEL LEADS: Shanghai Futures Exchange nickel was among the biggest gainers, with the most active contract ending 1.7 percent higher at 94,650...
CNBC's Rick Santelli provides the latest read on the health of the manufacturing sector and U.S. economy.
SHANGHAI, Aug 31- Hong Kong stocks eased on Thursday, but posted an eighth successive month of gains as China's economic recovery and continuous money inflows from the mainland sustained the bullish momentum. China's manufacturing sector unexpectedly accelerated in August, an official Purchasing Managers' Index released on Thursday showed, although some...
BEIJING, Aug 31- Growth in China's services sector slowed in August, hitting the lowest level since May 2016, an official survey showed on Thursday. The official non-manufacturing Purchasing Managers' Index fell to 53.4, from 54.5 in July, raising fresh questions about the health of China's services sector. The services sector accounts for over half of China's...
BEIJING, Aug 31- Growth in China's manufacturing sector unexpectedly accelerated in August, defying expectations that the world's second-largest economy will start to cool as borrowing costs rise and regulators clamp down on riskier lending. The official Purchasing Managers' Index released on Thursday stood at 51.7 in August, the China Logistics...
The U.S. Institute of Supply Management manufacturing index fell more than expected overnight, while growth in China's services sector slowed in July, according to the Caixin/Markit services purchasing managers' index. *SHANGHAI COPPER: The most-traded copper contract on the Shanghai Futures Exchange closed 0.18 percent higher at 50,420 yuan a tonne.
The U.S. Institute of Supply Management manufacturing index fell more than expected overnight, while growth in China's services sector slowed in July, according to the Caixin/Markit services purchasing managers' index. *SHANGHAI COPPER: The most-traded copper contract on the Shanghai Futures Exchange slipped 0.10 percent shortly after the open to 50,280...
NEW YORK, Aug 3- The dollar fell against the yen, euro and Swiss franc on Thursday after weaker-than-expected U.S. services sector data worried investors ahead of jobs data and stoked doubts that the Federal Reserve would raise interest rates again in 2017.. A report from the Institute for Supply Management showed its non-manufacturing index fell to 53.9 last...
NEW YORK, Aug 3- The dollar fell against the yen, euro and Swiss franc on Thursday after weaker-than-expected U.S. services sector data worried investors ahead of jobs data and stoked doubts that the Federal Reserve would raise interest rates again in 2017.. A report from the Institute for Supply Management showed its non-manufacturing index fell to 53.9 last...
*UK PMI points to GDP growth of 0.3 pct- Markit. LONDON, Aug 3- Businesses across the euro zone started the second half with robust growth, outpacing British counterparts which are struggling to regain momentum as consumers keep their hands in their pockets, surveys showed. "We are expecting growth to be a little stronger in the second half than in the first in the UK,...
*UK services PMI picks up, but still suggests lacklustre growth. LONDON, Aug 3- Britain's economy looks set for "steady but sluggish" growth over the coming months, according to a closely watched survey that showed businesses in sombre mood about their prospects ahead of Brexit. The figures for the services sector added to signs that Britain's economy is...
LONDON, Aug 2- Sterling traded at its highest in almost 11 months against a broadly weaker dollar on Wednesday, as a two-day Bank of England meeting that should provide investors with clues on whether interest rates could be hiked in coming months got underway. A purchasing managers' index survey showing growth in Britain's construction industry tumbled to an...
LONDON, Aug 2- Growth in Britain's construction industry tumbled to an 11- month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed on Wednesday. The survey is another mixed signal for Bank of England policymakers meeting this week to set interest rates. On Monday, the Bank of England said...
