Forex News

Eurozone Factory Slowdown Softens As Supply Chain, Inflation Pressures Ease

Downturn in the euro area manufacturing slowed in the final month of 2022 amid healing supply chains and softening inflationary pressures, final results of the purchasing managers' survey from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to a three-month high of 47.8 in December from 47.1 in November. The reading came in line with the flash estimate.
RTTNews | 864 days ago
China Private Sector Sinks Into Deeper Contraction Amid Covid Scare

China Private Sector Sinks Into Deeper Contraction Amid Covid Scare

China's manufacturing and services sectors weakened the most since early 2020 despite the abrupt abandonment of zero Covid policy in December amid public resistance, as the number of infections rise that prompted several countries to raise alerts and, bring back testing and protective measures. The official manufacturing Purchasing Managers' Index declined to 47.0 in December.
RTTNews | 864 days ago
European Economic News Preview: Eurozone Final Manufacturing PMI Data Due

European Economic News Preview: Eurozone Final Manufacturing PMI Data Due

Results of the purchasing managers' survey for the manufacturing sector from the euro area and other major Eurozone economies are the top economic news on the opening weekday of the new year. At 3.15 am ET, Purchasing Managers' survey results from Spain are due. The manufacturing PMI is forecast to rise to 46.2 in December from 45.7 in the previous month.
RTTNews | 865 days ago
more news
Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar drifted lower against most of its major counterparts on Friday with traders assessing the likely policy stance of global central banks and the impact of higher borrowing costs on economic growth.
RTTNews | 867 days ago
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland stock market ended notably lower on Friday due to sustained selling at several counters.
RTTNews | 867 days ago

Stay up to date!

Add News to your browser

Extension Picture