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New York Manufacturing Index Pulls Back More Than Expected In December
After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December.
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Dollar Rises As Fed Rate Cuts Seen Slowing In 2025
The Dollar Index firmed up during the week ended December 13 as currency markets priced in the prospect of slower-than-expected Fed rate cuts in 2025.
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New York Manufacturing Index Pulls Back Sharply In December
After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December.
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Před 262 dny
UK Private Sector Logs Steady Growth
The UK private sector logged a steady growth in December with rising activity across the services economy offsetting an accelerated downturn in manufacturing output, flash survey results from S&P Global showed on Monday. The flash composite output index posted 50.5 in December, unchanged from November's 13-month low.
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Eurozone Private Sector Contracts In December
Eurozone private sector contracted at the end of the year reflecting the falls in Germany and France, while the rest of the region posted a solid increase in output.
The HCOB flash composite output index rose to 49.5 in December from 48.3 in November, pointing to a softer and marginal fall in output, survey results from S&P Global showed Monday.
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Před 262 dny
Pound Rises As Flash U.K. Private Sector Expands Steadily
The British pound strengthened against other major currencies in the European session on Monday, after data showed that the U.K. private sector activity advanced at a steady pace in December.
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Před 262 dny
HSBC Sued By Australian Regulator For Failures Against Scams
Australia's markets regulator sued the Australian unit of British lending major HSBC Holdings Plc for allegedly failing to adequately protect customers from scams. As per the documents filed by the Australian Securities and Investments Commission or ASIC, HSBC Bank of Australia Ltd. or HSBC Australia failed to properly protect customers scammed out of millions of dollars.
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Před 262 dny
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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Před 262 dny
German Private Sector Activity Continues To Shrink
Germany's private sector continued to shrink in December albeit the pace of contraction softened on a slight rebound in services activity, flash data from S&P Global showed Monday. The HCOB composite output index registered 47.8 in December, up from November's nine-month low of 47.2. However, the reading is still below the 50.0 threshold that separates growth from contraction.
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Před 262 dny
Sensex, Nifty End Lower As Investors Await Fed Decision
Indian shares ended modestly lower on Monday, mirroring muted cues from overseas markets as investors eagerly looked forward to Wednesday's FOMC meeting.
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Před 262 dny
French Private Sector Contracts For Fourth Month
France's private sector contracted for the fourth straight month in December as both manufacturers and services providers registered declines in output, flash survey results from S&P Global showed on Monday. The HCOB composite output index posted 46.7 in December, up from 45.9 in November. A reading below 50 indicates contraction.
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Před 262 dny
European Shares Decline After France's Credit Rating Cut
European stocks edged lower on Monday after credit ratings agency Moody's unexpectedly downgraded France's rating, adding to pressure on the nation's borrowing costs and raising doubts over whether a new government can mend the deteriorating financial situation.
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Před 262 dny
FTSE 100 Slips Into Red In Cautious Trade
U.K. stocks edged lower on Monday and the pound traded higher ahead of the flash PMI data due later in the day.
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Před 262 dny
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