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Investors clamoured for greater exposure to euro area equities in the second quarter, according to exchange traded fund (ETF) data from Markit, shunning the US, China and Japan.Sentiment favours...
A second successive monthly fall in manufacturing output means the goods-producing sector will act as a drag on the economy in the second quarter, leaving the upturn reliant once again on the service...
Global economic growth slowed for a third month running in June, according to worldwide PMI survey data. The JPMorgan (NYSE:JPM) Global PMI, compiled by Markit, sank to 53.1 from 53.6 in May, its...
The UK PMI surveys indicate that the pace of economic growth rebounded in June, recovering from what appears to have been a brief lull caused by the general election. Slower growth in a manufacturing...
Yet another month of impressive job creation pushes the Fed closer to hiking interest rates later this year, albeit with the Fed likely to remain in a cautious mood. Non-farm payrolls increased by...
Global manufacturing activity slowed and edged closer towards stagnation in June. The JPMorgan (NYSE:JPM) PMI™, compiled by Markit, fell to 51.0 from 51.3 in May, matching April’s...
A solid PMI reading for June rounded off euro area manufacturers’ best quarter for a year, representing a major improvement compared to the malaise seen at the end of 2014 and a reassuringly...
A sharper than expected manufacturing slowdown adds to signs that UK economic growth could disappoint in 2015. The disappointment caused sterling to slide as the weak numbers pushed back expectations...
The Greek debt crisis continued to take a toll on the economy in June, with the country facing a deepening recession as consumer and business spending continued to decline during the month. However,...
The UK economy grew faster than previously thought in the opening quarter of the year. Gross domestic product rose 0.4% in the first three months of the year, revised up from a prior estimate of 0.3%....
Having risen a buoyant 1.2% in April, some payback in May was always likely, but the 2.2% drop in Japan’s industrial production seen last month was far larger than consensus expectation of a...
Survey data signalling robust second quarter economic growth, strong employment gains and rising inflation add to pressure on the Fed to hike interest rates. But a slowdown in the pace of expansion in...
The Markit Flash Manufacturing PMI™ registered 53.4 in June, down from 54.0 in May and the lowest reading since October 2013. While the survey data point to the economy rebounding in the second...
Despite the cloud of the Greek debt crisis hanging over the region, the eurozone saw economic growth accelerate to a four-year high in June. Markit’s flash Eurozone PMI, based on around 85% of...
The flash PMI for China narrowly beat consensus expectations in June, but the headline number masked a worrying deterioration in employment. At 49.6, the HSBC Manufacturing PMI, compiled by Markit,...
The economic upturn, and the buoyant labour market in particular, is feeding through to big improvements in government borrowing figures. Better than anticipated tax revenues could perhaps even pave...
Retail sales growth slowed in May after a sunshine-related burst of spending in April, but the underlying trend remains impressively strong and adds to the likelihood of interest rates rising later...