Trading news

Euro zone's manufacturing activity picks up

Euro zone's manufacturing activity, last month, following the increase in demand outside and within the region, picked up, as per a survey today.

Euro zone's Markit PMI to 52.6

Despite the rise in manufacturing, the growth in Ireland, Italy, Spain, and France resumed weak.

The euro region's Markit PMI climbed in August from 51.7 to 52.6 and remained above the benchmark of 50.

According to Ben May, there were considerable improvements in manufacturing, but the big concern is what will happen with the services industry that has approached its weakest zone since 2014.

Furthermore, the new factory orders climbed from 51.4 to 53.4, the latest highest reading, thus accelerating hiring.

Moreover, the upturn has generated more jobs. As per the IHS Markit chief business economist, Chris Williamson, the appreciation of the factory payroll was the best within a period of four years.

Read More

Monday, 03 Oct, 2016 / 1:37

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under


The company’s quarterly results come at a time when the distribution of [...]

Posted on Wednesday, 21 Apr, 2021 / 7:42 under

Intraday Market Analysis – Recovery Momentum

EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]

Posted on Tuesday, 20 Apr, 2021 / 1:00 under