Tag: PMI

UK October flash services PMI 47.5 vs 49.0 expected

Prior 50.0Manufacturing PMI 45.8 vs 48.0 expectedPrior 48.4Composite PMI 47.2 vs 48.1 expectedPrior 49.1The economic downturn in the UK continues to intensify with the services sector recording its sharpest decline in activity since...

Lackluster Eurozone PMI Adds to the ECBs Woes

Eurozone PMI Key Points:Eurozone S&P Global Manufacturing PMI Flash (OCT) 46.6 vs September 48.4. 29-month low.Eurozone S&P Global Services PMI Flash (OCT) 48.2 vs September 48.8. 20-month low.Business Activity Down for Four Consecutive...

Euro lacks comfort as PMI data highlight continued downturn

The latest set of PMI numbers for October is only serving to reaffirm an intensifying downturn in the Eurozone as conditions continue to be largely hampered by high inflation and cost-of-living concerns. The...

Germany October flash manufacturing PMI 45.7 vs 47.0 expected

Prior 47.8Services PMI 44.9 vs 44.7 expectedPrior 45.0Composite PMI 44.1 vs 45.3 expectedPrior 45.7The German economy sinks deeper into contraction territory to start Q4 with both the services and composite readings being at...

Gold Prices Eye US PMI, Jobless Claims Data as FOMC Members Go Dark

Gold Price Fundamental Forecast: BearishGold prices fell last week as Treasury yields rose amid hawkish FedspeakA FOMC blackout period puts economic data in focus for rate tradersUS PMIs and weekly jobless claims data...

New Zealand September services PMI 55.8 (prior 58.6)

This is the Business New Zealand Performance of Services Index. Solidly in expansion and off from August. BusinessNZ chief executive Kirk Hope:the two key sub-indexes of New Activity/Sales (59.2) and New Orders/Business (62.9)...

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