PMI
Investing.com– Most Asian markets fell on Tuesday as traders remained largely risk-averse before a hotly contested U.S. presidential election later in the day, while Chinese markets were supported by strong business activity data. Focus was also on a meeting of China’s National People’s Congress this week, which is expected to…
Investing.com – European stock markets fell Wednesday, following the sharp selloff seen on Wall Street overnight as growth concerns weighed heavily on the market-leading tech giants. At 03:05 ET (07:05 GMT), the in Germany traded 1.1% lower, the in France fell 0.9% and the in the U.K. dropped 0.8%. Weak…
Investing.com– Most Asian stocks rose on Thursday amid increased optimism over lower U.S. interest rates, but overall gains were limited as a downward revision in payrolls data spooked markets. Japanese stocks were by far the best performers for the day, as purchasing managers index data showed sustained growth in the…
As traders approach another pivotal day for financial markets, Thursday, August 22, 2024, brings a series of crucial economic data releases that could sway market dynamics. The spotlight will be on initial jobless claims, manufacturing and services PMI data, and existing home sales figures, all of which have the potential…
Investing.com– Most Asian stocks rose slightly on Wednesday with Japan’s Nikkei 225 coming back in sight of record highs, while Chinese markets fell tracking a disappointing reading on service sector activity. Regional markets took a positive lead-in from Wall Street, where the and the finished at record highs after Federal…
By Clyde Russell LAUNCESTON, Australia (Reuters) – The return of China’s key manufacturing index to positive territory for the first time in six months has sparked optimism that commodity demand from the world’s biggest buyer of natural resources is poised to accelerate. The official purchasing managers’ index (PMI) rose to…
