US PMI KEY POINTS:Flash U.S. Composite output index falls to 47.3 in October from 49.5 in SeptemberServices PMI slumps to 46.6 from 49.3, versus 49.2 expectedManufacturing activity sinks into contractionary territory, sliding to...
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While fears of an immediate US recession have not been confirmed, the latest GDP report points towards a shrinking economy. GDP contracted by 0.9%, the second-straight quarter of decline, while inflation...
