Trading news

Japan's manufacturing PMI higher in September

Japan's manufacturing activity appreciated, within a period of seven months, for the first time in September, as per a preliminary survey today, an indication that the economic growth is regaining momentum.

Japan's manufacturing PMI higher to 50.3

The nation's IHS Markit / Nikkei Flash Manufacturing PMI escalated from August's reading of 49.5 to 50.3 in September, thus being the first time where the index was able to stabilize above 50.

The new export orders index rose from the previous month's 47.2 reading to 50.2.

Furthermore, due to the weakness in exports and consumer spending, the economic growth's pace slowed for the period of April to June.

Moreover, Japan's government aims to support both domestic and overseas demand via a 13.5 trillion yen stimulus scheme.

Read More

Friday, 23 Sep, 2016 / 7:17

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

Source : https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-manufacturing-pmi-higher-in-september

Trading news

 

Jerome Powell speaks to the Wall Street Journal, the markets react instantly

The Fed Head’s WSJ interview generated plenty of interest in the [...]

Posted on Friday, 05 Mar, 2021 / 1:03 under

Dollar surges, stocks sink after Powell lets yields run loose

  Powell gives no hints about possible action to stem selloff in [...]

Posted on Friday, 05 Mar, 2021 / 10:26 under

Inflation fears & rising bond yields spooked investors – FTSE 100 Market Outlook – 05/03/2021

Stocks in London were going up nicely yesterday during the European trading [...]

Posted on Friday, 05 Mar, 2021 / 9:28 under