Official PMI data shows dip in reading An official report released 30th June 2021 of China’s factory activity is reported to have recorded a slight drop, as a shortage in computer chips and power problems slowed production. China’s official manufacturing purchasing managers index (PMI) – fell to 50.9 from 51.0Read More →
European stocks slide European stocks fell Friday as German industrial production slumped. Investors were also waiting for U.S. jobs data due for release Friday at: 13:30 GMT. The coronavirus concern remains high! Industrial data readings German industrial production came in far worse than expected, with a 3.5% drop in DecemberRead More →
Opinion Are alarm bells ringing or is it just the usual general cyclical market noise? The overall concern to many investors and analysts at the moment is that the global economy has shifted from synchronised growth to one in which expansion is now decreasing. Many of the major countries aroundRead More →
Market moving daily news roundup – events & news likely to move markets 2nd September 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 2nd September 2019 Wall Street closed for holidayRead More →
Market moving daily news roundup – events & news likely to move markets 1st August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. This post is ongoing… Market moving news roundup, 1st August 2019 Summary Bank of England BankRead More →
June data released today 2nd. July 2019 appears to show UK construction dramatically slowed May 2019 reading was 48.6 with commentators expecting the June reading to be 49.2. A reading above 50 shows growth, below 50 demonstrates contraction. June’s purchasing managers index – PMI reading came in at: 43.1 –Read More →
Economic calendar 1st. July 2019 economic calendar main scheduled events likely to move markets today… General overview – markets futures climb. Relief ‘lift benefit’ from U.S. China restarting trade talks. China – PMI data U.S. – OPEC meeting Germany – Employment & PMI data due 09:00 (BST) UK – PMIRead More →