Wall Street Tumbles as Strong Jobs Data Sparks Rate Cut Concerns
Wall Street indices fell as strong job openings and services PMI data fueled concerns over delayed Federal Reserve rate cuts, impacting investor sentiment and currency values.
PMI News
December Sees Unexpected Drop in UK Construction Activity Amid Economic Concerns
The UK construction sector saw a decline in December, with the PMI dropping to 53.3, below expectations. Residential work led the slowdown, amid concerns over capital spending cuts...
December Sees Steady Growth in Australia's Private Sector Amid Economic Optimism
Australia's private sector showed marginal growth in December with a PMI of 50.2, indicating stability. The services sector grew slightly, but employment saw a cautious reduction. ...
December Sees Manufacturing Activity Dip to Lowest in a Year, PMI Reveals
In December, India's manufacturing sector slowed to a 12-month low, as indicated by the HSBC India Manufacturing PMI. Despite softer increases in output and new orders, the sector ...
December Sees Continued Contraction in US Manufacturing Sector
The US manufacturing sector continued to contract in December, with a PMI of 49.4, down from November's 49.7. New orders and production fell, while delivery times increased. Firms ...
December Sees a Sharp Decline in Australian Manufacturing Activity
The Australian manufacturing sector's health worsened in December, with the PMI dropping to 47.8, indicating a contraction. S&P Global's report highlights the impact of domestic an...
December Sees Slower Decline in Japan's Manufacturing Sector Activity
Japan's manufacturing sector saw a slower pace of decline in December, with the PMI index at 49.6, slightly up from November's 49.0. S&P Global reports a near-stabilization, wi...
European Markets Dip Ahead of Crucial Economic Data Release
European stock exchanges saw premarket declines ahead of key economic data releases, including PMIs from France and Germany, and CPI data from Italy. Major indices and currencies e...
Japan's Private Sector Shows Signs of Recovery in December
Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...
Japan's Manufacturing Struggles Continue: Sixth Straight Month of Decline
Japan's manufacturing sector experiences a sixth month of decline, while the service sector shows resilience. The economy's reliance on services grows as manufacturing struggles wi...
Eurozone Manufacturing Crisis Deepens in November: PMI Hits New Low
The manufacturing sector in the Eurozone continued to struggle in November, with the Purchasing Managers' Index (PMI) dropping to 45.2 from 46 in October, according to a joint repo...
US Manufacturing Activity Shows Encouraging Signs in November
Manufacturing activity in the United States improved slightly in November, according to a report by S&P Global. The Manufacturing PMI reached 49.7, up from 48.5 in October, althoug...
US Manufacturing Sector Shows Signs of Recovery in November: ISM Report
The US manufacturing sector showed slight improvement in November, according to a report from the Institute for Supply Management (ISM). The Purchasing Managers' Index (PMI) rose f...
