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EUROPE PMI
War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- Private sector activity hits a record in August, services growth at all-time highIndia's private sector experienced a significant surge in activity this month, with the Composite PMI reaching a new high of 65.2, driven b...
- Cigarette-maker Philip Morris' shares slide 7% after quarterly revenue missPhilip Morris International (PMI) missed second-quarter revenue expectations on Tuesday as shipments of its ZYN nicotine pouches disappoint...
- Gold prices climb on softer dollar, Trump's fresh tariff threatGold prices saw a rise due to Donald Trump's tariff threats. A weaker dollar also supported the increase. Trump plans to raise tariffs on s...
- European factories struggled last month as China's perked up ahead of Trump tariffsChina's factories continued their recovery with help from Beijing's stimulus measures, while US producers saw new order growth for the firs...
- Business activity hits a 3-month high in November despite cost pressuresIndia's business activity rose to a three-month high in November. The HSBC Flash India Composite Purchasing Managers Index reached 59.5. Th...
- Services activity eases in August to 60.1 compared to 62.3 in July, future outlook improves to an 8-month highDespite posting the strongest increase in new export businesses in nine years, India’s service sector activity eased to 60.1 in August comp...
- Gold outlook remains weak for the coming week; resistance seen at $1950-1980 regionGold closed the week with a nearly 2% loss as investors were concerned about the UK's elevated inflation, which is likely to prompt a more ...
- North Asia’s factories stuck in decline as global growth stallsAccording to surveys, factories in South Korea and Taiwan witnessed activity contraction last month.
- Factory activity contracted again in January, highlighting fragile recoveryPrice pressures slackened and the fall in demand moderated in the 20 countries sharing the euro, driving a surge in optimism.
- Europe’s factory slump heightens recession risk as Asia mixedReadings for the euro area’s four biggest economies were also below this key level, highlighting the increasingly gloomy outlook for the re...
- Europe's energy woes haunt euro, Asian stocks"Europe's dire energy situation suggests the peak of inflation is not here yet and the risk remains that high inflation is sticky for longe...
- Gold holds above $1,800 on weaker yields as job data disappointsGold prices were little changed above the key $1,800 per ounce level on Thursday, as U.S. Treasury yields retreated after a dip in U.S. job...
- Eurozone growth slows 'markedly' in September: SurveyAccording to IHS Markit, "Eurozone business activity grew at a markedly reduced rate in September, reflecting the peaking of demand in the ...
- Global factory recovery picks up, but cost pressures growEuro zone monthly factory activity growth galloped at its fastest pace in the near 24-year history of a leading business survey last month,...
- Double-dip Europe recession 'increasingly inevitable': PMI"A double-dip recession for the eurozone economy is looking increasingly inevitable as tighter Covid-19 restrictions took a further toll on...
- US, China factories slow; Europe, India boomDespite the decline, analysts were reassured there was not greater spillover into US industry from Japan's earthquake.
- Economic gloom lifting in Europe, surveys showThe economic gloom which descended on Europe over the last 12 months is slowly continuing to lift, with key surveys released Friday showing...
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