RistoArnaudov/E+ via Getty Images Services PMI in the United Kingdom decreased to 52.10 points in June from 52.90 points in May 2024. Key findings include: demand for services improves, but at relatively soft pace; confidence dips slightly amid general election uncertainty. “Prices still continue to show a high degree ofContinue Reading
Jul. 03, 2024 4:04 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, USD, FGM, HEWG, DAXBy: Arundhati Sarkar, SA News Editor rarrarorro/iStock via Getty Images Composite PMI in the Euro Area decreased to 50.90 points in June from 52.20 points in May. Services PMI falls to 52.80 pointsContinue Reading
Services PMI in France increased to 49.60 points in June from 49.30 points in May 2024. Key findings include: New business contraction weighs on services activity; output price inflation slows to marginal pace; business confidence and employment growth ease. “Election uncertainty stalled the French services sector in June. The HCOBContinue Reading
CGinspiration/E+ via Getty Images Services PMI in Spain eased to 56.80 points in June from 56.90 points in May 2024, a 13-month peak. Key findings include: concurrent rises in activity and sales recorded; employment growth remains elevated; higher wages push up operating costs markedly. “The Spanish services sector remains unshaken.Continue Reading
manassanant pamai The au Jibun Bank Japan Services PMI was revised downward to 49.4 in June 2024 from flash data of 49.8, a reversal from 53.8 in May, also marking the first drop in services activity since August 2022 as all sub-sectors shrank except information & communication. New orders wereContinue Reading
primeimages/E+ via Getty Images Asia-Pacific equity markets started the second half of the year on a positive note as investors digested the mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturing firms improved to a two-year-high in Q2 amid an improving economic outlook. Japan (NKY:IND)Continue Reading
bluejayphoto The HCOB Germany Manufacturing PMI was little changed at 43.5 in June, compared to a preliminary of 43.4 and a four-month high of 45.4 in May. The reading pointed to a fresh setback of the manufacturing sector at the end of the second quarter, with the rates of contractionContinue Reading
Jul. 01, 2024 4:01 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, USD, FGM, HEWG, DAXBy: Arundhati Sarkar, SA News Editor rarrarorro/iStock via Getty Images Manufacturing PMI in the Euro Area decreased to 45.80 points in June from 47.30 points in May. ETFs: (EWG), (GF), (EWI), (EWQ), (FGM),Continue Reading
ronniechua/iStock via Getty Images The Judo Bank Australia Manufacturing PMI dropped to 47.2 in June 2024 from 49.7 in May, marking the fifth consecutive monthly deterioration in manufacturing sector conditions and at the fastest pace since May 2020, final data showed. Manufacturing production contracted in June amid fewer new ordersContinue Reading
CGinspiration/E+ via Getty Images Spain’s Manufacturing PMI ((Purchasing Managers’ Index)) dropped to 52.30 points in June from 54 points in May 2024, signalling a slower, and more modest rate of expansion. Supporting the PMI in June were concurrent, but slower, increases in both output and new orders. Manufacturers also notedContinue Reading
