Friday, 05 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.K. Flash PMIs Rise in May as Lockdowns Ease
Thursday, 21 May 2020 16:05 WIB | ECONOMY |PMI U.K.

The IHS Markit/CIPS flash U.K. composite purchasing managers index rose in May to a reading of 28.9 from 13.8 in April. Manufacturing PMI rose to 40.6 from 32.6 while services PMI rose to 27.8 from 13.4. Any reading below 50 indicates deteriorating conditions.

"The minor easing in the downturn compared to last month's figures only serves to highlight the depth of the fall in April's output and does not signal that the pathway is clear for an improvement in the manufacturing and services sectors," said Duncan Brock, group director at CIPS.

Source : Marketwatch

RELATED NEWS
U.S. Jobless Claims Persist Even as Americans Return to Work...
Thursday, 4 June 2020 19:42 WIB

As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing -- though far from a halt -- in job losses. Initia...

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....

LATEST NEWS
Gold Prices Head Lower for The Day and Week as Investors Watch Jobs Report

Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal. August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous...

Oil Prices Rise as OPEC+ Seen Setting Stage for Weekend Meeting

Crude-oil futures climbed Friday morning, supported partly by reports that major oil producers are tentatively expected to convene over the weekend to outline plans to extend productions cuts. The Organization of the Petroleum Exporting Countries...

Lancet Retracts Study on Safety of Malaria Drugs for Coronavirus

Several authors of a large study that raised safety concerns about malaria drugs for coronavirus patients have retracted the report, saying independent reviewers were not able to verify information that's been widely questioned by other...

POPULAR NEWS
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 marks first gain in 4 sessions on weakness in U.S. dollar and stocks
Friday, 5 June 2020 01:29 WIB

Gold futures rose on Thursday, with prices posting their first gain in four sessions on the back of weakness in the U.S. stock market and the...

Gold futures down a third straight session
Thursday, 4 June 2020 01:03 WIB

Gold futures marked a third straight session decline on Wednesday, posting their lowest settlement in more than three weeks. Strength in the U.S....

Gold Under Pressure as Investors Snap Up Stocks, Dulling Demand for Havens
Wednesday, 3 June 2020 19:25 WIB

Gold lost ground Wednesday, unable to find traction higher as demand for equities dulls haven-related demand for the precious metal. Gold for...