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China Service Sector Gains Strength In December

China Service Sector Gains Strength In December

China's service sector gained momentum at the end of the year amid new business posting the strongest rise in seven months, upbeat business sentiment and rising employment. The Caixin services Purchasing Managers' Index, or PMI, rose to 52.9 in December from 51.5 in November, survey results from S&P Global showed on Thursday. The reading was forecast to rise slightly to 51.6.
RTTNews | vor 588 Tagen
DAX Modestly Higher Ahead Of Inflation Data

DAX Modestly Higher Ahead Of Inflation Data

German stocks were seeing modest gains in cautious trade on Thursday as investors reacted to hawkish FOMC meeting minutes and awaited Eurozone PMI and German consumer inflation figures for direction.
RTTNews | vor 588 Tagen
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NZ Dollar Rises On Strong China Services PMI Data

NZ Dollar Rises On Strong China Services PMI Data

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, after China's service sector growth accelerated at the end of the year with solid increase in new business.
RTTNews | vor 588 Tagen
European Economic News Preview: Germany Flash Inflation Data Due

European Economic News Preview: Germany Flash Inflation Data Due

Flash inflation from Germany and France and Purchasing Managers' survey results from all major euro area economies are due on Thursday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE is scheduled to issue final consumer and harmonized prices for December. Consumer price inflation is seen at 3.8 percent, up from 3.5 percent in November.
RTTNews | vor 588 Tagen
Sensex, Nifty Gain In Early Trade

Sensex, Nifty Gain In Early Trade

Indian shares traded higher on Thursday despite weak cues from global markets and a rebound in oil prices from three-week lows.
RTTNews | vor 588 Tagen
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | vor 588 Tagen

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