Advertisement
Philippines Manufacturing PMI Picks Up Steam In July - S&P Global
(RTTNews) - The manufacturing sector in the Philippines continued to expand in July, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.9.
That's up from 50.9 in June, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Underpinning the latest uptick in the headline index reading was a quicker rise in new orders. Anecdotal evidence noted that a growing customer base and improved underlying demand trends propelled the latest upturn.
At the same time, foreign demand for Filipino goods grew for the seventh successive month. The rate of growth in new export orders accelerated to a three-month high.
read more
German ZEW Economic Confidence Deteriorates On Trade Deal
Economic sentiment in Germany deteriorated sharply in August due to the disappointing trade agreement reached with the United States, and also due to the declining economic output in the second quarter, results of the monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment plummeted to a three-month low of 34.7 in August.
RTTNews
|
23 минут назад
Bay Street Likely To Open Flat Or Slightly Higher
The Canadian market is likely to open on a flat to slightly positive note Tuesday morning, amid easing trade concerns following the U.S. government extending its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
RTTNews
|
26 минут назад
FTSE Up Marginally; Spirax Group Shares Jump On Strong Earnings
U.K. stocks are up in positive territory around noon on Tuesday, supported by some encouraging earnings, and easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10.
RTTNews
|
1ч 21мин назад
Euro Slides On Downbeat German Economic Sentiment Data
The euro weakened against other major currencies in the European session on Tuesday, after German economic confidence deteriorated sharply in August due to disappointing EU-US trade deal.
RTTNews
|
1ч 46мин назад
CAC 40 Up Marginally In Cautious Trade
The French market is slightly higher on Tuesday with stocks turning in a mixed performance as investors weigh the potential impact of tariffs. The decision of the U.S. government to extend its pause on higher tariffs for Chinese goods until November 10 is aiding sentiment a bit.
RTTNews
|
1ч 54мин назад
Sensex, Nifty End Lower With Banks Under Pressure
Indian shares ended Tuesday's session lower due to ongoing trade concerns and renewed foreign fund outflows.
RTTNews
|
2ч 1мин назад
Pound Rises On Upbeat U.K. Employment Data
The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.
RTTNews
|
2ч 14мин назад
DAX Retreats After Positive Start, Down 0.3%
Despite opening on a positive note amid easing trade tensions, the German market is down in negative territory Tuesday afternoon, with investors turning cautious, looking ahead to U.S. consumer price inflation data due later in the day. Weak economic sentiment reading is also weighing on sentiment.
RTTNews
|
2ч 28мин назад
