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
DAX Down Marginally
German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.
RTTNews
|
23 minuter sedan
Sensex, Nifty Extend Gains For Sixth Day On GST Optimism
Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews
|
38 minuter sedan
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews
|
1h 41minuter sedan
European Shares Subdued Ahead Of Jackson Hole Summit
European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.
RTTNews
|
1h 50minuter sedan
Indian Rupee Rises To 2-day High On Upbeat India's PMI Data
The Indian rupee strengthened against the U.S. dollar in the European session on Thursday, after India's private sector activity expanded at the fastest pace on record amid sharp growth in new orders.
RTTNews
|
2h 1minuter sedan
Asian Shares Mixed As Investors Await Powell Speech
Asian stocks ended mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell, who is expected to speak on Friday at the Fed's annual conference in Jackson Hole, Wyoming.
RTTNews
|
2h 21minuter sedan
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Thursday as investors await the latest PMI data from the region and look forward to key speeches from Fed officials when they convene in Jackson Hole, Wyoming, for the Fed's annual economic symposium.
RTTNews
|
5h 18minuter sedan
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. At 3.15 am ET, S&P Global publishes France flash PMI survey results.
RTTNews
|
5h 23minuter sedan
