Thursday, 04 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. Manufacturing, Services PMI Improve in November
Friday, 22 November 2019 22:12 WIB | ECONOMY |Ekonomi AS

IHS Markit said its flash manufacturing purchasing managers index rose to 52.2 in November from 51.3 in October. This is the fastest rate since April.

Meanwhile the flash services purchasing managers index in November rose to 51.6 from 50.6. This is the quickest expansion since July.

Any reading above 50 indicates improving conditions. The flash estimate is typically based on approximately 85%“90% of total survey responses each month.

Manufacturers registered a solid rise in new orders in November. There was a small upturn in service sector new business. Both manufacturers and service providers indicated a rise in workforce numbers.

Source : Marketwatch

RELATED NEWS
U.S. Services Sector Off 11-Year Trough...
Wednesday, 3 June 2020 21:19 WIB

U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the economy could take years to recover from the...

Private Sector Shed 2.76 Million Jobs in May, ADP Says, Much Less Than Forecast...
Wednesday, 3 June 2020 19:42 WIB

Private-sector employment shed a total of 2.76 million jobs in May, Automatic Data Processing Inc. reported Wednesday. The gain was well below forecasts from economists surveyed by Econoday who expect...

UK Economy Still Shrinking But Pace Of Decline Eases: PMI...
Wednesday, 3 June 2020 15:56 WIB

Britain™s economy remained in a severe downturn in May although the pace of the slump moderated from April™s crash and some companies benefited from the easing of coronavirus lockdowns around the ...

ISM Manufacturing PMI improves to 43.1 in May vs. 43.6 expected...
Monday, 1 June 2020 21:32 WIB

The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5....

U.S. GDP Contracted 5% in First Quarter Instead of 4.8%...
Thursday, 28 May 2020 19:53 WIB

The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revis...

LATEST NEWS
Gold Steadies After Biggest Drop in More Than a Month

Gold steadied after falling the most in more than a month as investors their lost appetite for havens amid a global stock rally driven by firming hopes for a swifter global economic recovery. Spot gold little changed at $1,700.36/oz at...

Hong Kong Stocks Rally Extends Into Fourth Day

Hong Kong shares climbed more than one percent at the open Thursday, pushing this week's rally into a fourth day on optimism over lockdowns easing, though investors will be keeping an eye on any protests in the city on the anniversary of the...

Euro Near Multi-Month High as Markets Bet on ECB Stimulus Boost

The euro held near multi-month highs against rival majors Thursday on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy. The euro's strength helped to push...

POPULAR NEWS
Gold Climbs As U.S. Riots Spark Safe-Haven Rush
Monday, 1 June 2020 16:00 WIB

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for...

Gold futures post second straight loss
Wednesday, 3 June 2020 01:24 WIB

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited...

Gold edges lower as investors play down U.S.-China tensions
Monday, 1 June 2020 19:54 WIB

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China...

Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally
Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets...