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Weak ADP Jobs Data Sends U.S. Dollar Down

Weak ADP Jobs Data Sends U.S. Dollar Down

The U.S. dollar declined against its major counterparts in the European session on Wednesday, as weaker-than-expected ADP private sector employment data for September eased concerns about the interest rate outlook.
RTTNews | 722 ngày trước
U.S. Services Index Indicates Modestly Slower Growth In September

U.S. Services Index Indicates Modestly Slower Growth In September

Reflecting slower rates of growth in new orders and employment, the Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September.
RTTNews | 722 ngày trước
U.S. Factory Orders Rebound Much More Than Expected In August

U.S. Factory Orders Rebound Much More Than Expected In August

New orders for U.S. manufactured goods rebounded by much more than anticipated in the month of August, according to a report released by the Commerce Department on Wednesday. The report said factory orders surged by 1.2 percent in August after tumbling by 2.1 percent in July. Economists had expected factory order to rise by 0.3 percent.
RTTNews | 722 ngày trước
U.S. Private Sector Job Growth In September The Slowest Since January 2021

U.S. Private Sector Job Growth In September The Slowest Since January 2021

Private sector job growth in the U.S. slowed by much more than expected in the month of September, payroll processor ADP revealed in a report released on Wednesday. The increase in September reflected the slowest pace of job growth since January 2021, when private employers shed jobs.
RTTNews | 722 ngày trước
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UK Services Activity Shrinks Most In 8 Months

UK Services Activity Shrinks Most In 8 Months

The UK service sector contracted the most since January largely due to subdued demand and cutbacks to non-essential spending among clients, final survey results published by S&P Global revealed on Wednesday. The Chartered Institute of Procurement & Supply final services Purchasing Managers' Index posted 49.3 in September, down from 49.5 in August.
RTTNews | 722 ngày trước
Euro Area Private Sector Stuck In Recession

Euro Area Private Sector Stuck In Recession

Eurozone private sector ended the third quarter with another contraction as weak demand weighed on output across the manufacturing and services sectors, final results of the purchasing managers' survey from S&P Global showed on Wednesday. The HCOB final composite output index advanced to 47.2 in September from 46.7 in the previous month. Moreover, the score was slightly above the flash 47.1.
RTTNews | 722 ngày trước
Pound Advances After U.K. PMI Data

Pound Advances After U.K. PMI Data

The pound climbed against its major counterparts in the European session on Wednesday, as U.K. services PMI came in higher than the flash reading in September.
RTTNews | 722 ngày trước

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