Japan’s Business Activity on the Decline – Services Sector Contracts More Severely
Manufacturing activity across Japan posted the weakest increase seen since five months during July as the nation faces severe challenges Full Article
China’s Services Sector Activity Soars, Manufacturing Weighed Down by Rising Input Costs
Manufacturing activity across China eased slightly lower during May as companies faced challenges related to bottlenecks in supply chains Full Article
Eurozone’s Composite PMI Rises at Fastest Pace in Over Three Years
Business activity across the Eurozone posted the fastest expansion seen in more than three years during the month of May, powered by a Full Article
Japan’s Core CPI, Business Activity Decline – Economic Rebound Delayed?
Consumer prices across Japan posted a contraction for the ninth consecutive month during April, amid falling mobile phone fees and weakness Full Article
Eurozone Composite PMI at Record High, Services in Expansion
Despite being under lockdowns due to the current third wave of the coronavirus pandemic, the Eurozone's economic recovery received a boost Full Article
Japan’s Manufacturing Sector Expands at Faster Pace in Over Three Years
Activity across the manufacturing sector in Japan increased at the fastest pace seen in over three years during the month of April. Full Article
GBP/USD Bullish Ahead of Key Economic Data Releases From UK
GBP/USD is starting the fresh trading week on a bullish note, powered by a weakness in the US dollar and in anticipation of positive economi Full Article
Gold Weakens as Prospects of Economic Recovery Rise
The safe haven appeal of gold is waning following the release of a stronger than forecast industrial output reading from China even as US Full Article
UK Economy to Contract in Q4 2020, Rebound Into Growth in 2021
Recent analysis by PwC reveals that the UK economy could witness a contraction in Q4 2020 by anywhere between 2.1% and 3.3%, while the Full Article
EUR/USD Holds Above 1.13 Level as Economic Recovery in Spotlight
EUR/USD continues to trade strong after having risen past the 1.13 level in the previous session over optimism about economic recovery in Full Article
US Dollar Weakens as Markets Look Forward to Economic Recovery
The US dollar is trading somewhat weaker on the back of better than expected PMI readings from the Eurozone, which has raised hopes for fast Full Article
Ireland’s Manufacturing Sector Contraction Eases in May
Ireland's manufacturing sector may be showing signs of heading towards improvement after witnessing the steepest contraction during April Full Article
Canadian Dollar Dips Slightly After Rising to 11-Day High Against US Dollar
The Canadian dollar has eased slightly lower, but continues to trade close to the highest level in 11 days against the US dollar, buoyed by Full Article
Japan’s Services Sector Contracts at Sharp Rate Over Weakening Demand
The services sector in Japan witnessed the fastest contraction during March seen since the 2008-09 financial crisis as global demand took a Full Article
Slumping Business Activity Raises Fears of Recession in Global Economy
Fears about the global economy heading towards a recession continue to gain traction amid recent weak economic data releases from around.. Full Article