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Monday, 6 July 2020 21:14 WIB

A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns. The Institute for Supply Management said Monday that its non-manufacturing index soared a record 11.7 points to 57.1 last month. Readings above 50 indicate growth, and the June figure exceeded the 50.2 median forecast in a Bloomberg survey of economists. The rebound at service providers follows a similar jump in the group™s manufacturing gauge and indicates that the economy is recovering from its...

RECENT NEWS
U.S. Weekly Jobless Claims Remain High As Backlogs, Layoffs Linger
Thursday, 21 May 2020 19:56 WIB | Klaim pengangguran AS Ekonomi AS U.S.Unemployment

Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May. Initial claims for state unemployment benefits totaled a seasonally adjusted 2.438 million for the week ended May 16, the Labor Department said on Thursday. Data for the prior week was revised down to show 2.687 million claims filed instead of the previously reported 2.981 million. Connecticut said last week it had misreported its numbers. Economists polled...

U.K. Flash PMIs Rise in May as Lockdowns Ease
Thursday, 21 May 2020 16:05 WIB | 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

Looser Lockdown Helps Germany's Private Sector Gain some Ground: PMI
Thursday, 21 May 2020 15:16 WIB |

Germany's private sector recession eased in May as a loosening of lockdown measures in the coronavirus crisis helped services and manufacturers in Europe's largest economy gain some ground, a survey showed on Thursday. IHS Markit's flash composite Purchasing Managers' Index (PMI), which tracks the manufacturing and services sectors that together account for more than two-thirds of the economy, rose to 31.4 after hitting a record low of 17.4 the previous month. This undershot a Reuters poll of analysts who had predicted a bigger increase to 34.1. It marked the third month in a row that the...

French Business Recession Rases in May as Lockdown Unwound: PMI
Thursday, 21 May 2020 14:58 WIB | PMI Perancis PMI France

France's business slump eased in May, albeit not quite as much as expected, as a nationwide coronavirus lockdown was lifted earlier this month, a survey showed on Thursday. Data compiler IHS Markit said its composite purchasing managers' index rose to 30.5 from a record low of 11.1 in April when vast swathes of the economy were shuttered. The improvement fell just short of economists' average prediction in a Reuters poll for 32.0 and was still far from the 50-point threshold dividing an expansion in business activity from a contraction. Most shops and factories that had to close during...

UK Jobless Claims Jump to Highest Since 1996 as COVID Crisis Hits
Tuesday, 19 May 2020 13:54 WIB | Ekonomi inggris UK Unemployment Jobless Claim

A measure of the number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government's coronavirus lockdown, data published on Tuesday showed. The claimant count rose by 856,500 - the biggest ever month-on-month leap - to 2.097 million, a 69% increase, the Office for National Statistics said. A Reuters poll of economists had produced a median forecast for a leap of 676,500 in the claimant count with forecasts ranging widely from just over 56,000 to as high as 1.5 million. The surge would have been even sharper...

Ekonomi Perancis IndeksTopix Dolar Indeks Stoxx 600 Dolar Australia, PPI Bank Sentral Australia, Upah Minimum, DolarEuro ISIS, IndeksNikkei 225 PMI China Retail Sales Yen Indesk S&P 500 WTI
ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

UNITED STATES
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...

EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing...

GLOBAL ECONOMY
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB

A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...