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 Managers' Index stayed at 52.6 in June, IHS Markit said on Friday, a slightly better reading than economists had forecast. Manufacturing production contracted for the fifth month in a row, while services continued their strong expansion.
A gauge of new export business picked up slightly, despite remaining below the key 50 level that indicates expansion. Expectations for output growth were the weakest in over 4 1/2 years, with many companies reporting that they expect an economic slowdown.
"Although the manufacturing downturn continued in June, there are tentative signs that the worst has passed," said Trevor Balchin, economics director at IHS Markit. "The longer-term outlook for the German private sector remains weak, however."
Source : Bloomberg
Warga Inggris menikmati pertumbuhan upah terkuat sejak krisis keuangan satu dekade lalu seiring pasar tenaga kerja semakin ketat. Pendapatan rata-rata tidak termasuk bonus terus meningkat 3,3 persen ...
Black Friday memberikan pengecer Inggris dorongan tak terduga menjelang periode perdagangan kunci Natal. Volume barang yang dijual di toko dan online melonjak 1,4 persen pada bulan November, lonjakan...
Kepercayaan bisnis Jerman turun lebih dari yang diharapkan pada bulan Desember, menunjukkan bahwa ekonomi terbesar di Eropa bisa menghadapi patch lembut yang berlarut-larut di tengah ketegangan perdag...
Pengecer UK menjalani awal kuartal keempat yang buruk seiring penjualan secara tak terduga turun untuk bulan kedua di bulan Oktober. Volume barang yang dijual di toko-toko dan online turun 0,5 persen...
Kenaikan yang diantisipasi dalam inflasi Inggris gagal terwujud bulan lalu seiring harga makanan, pakaian, dan transportasi menurun. Pertumbuhan harga konsumen tahunan tetap di 2,4 persen pada Oktobe...
Japanese stocks edged higher on Tuesday morning, with the semiconductor sector leading the gains, tracking Wall Street moves, though trading remained thin ahead of the domestic earnings season for the April-June quarter. The benchmark Nikkei share...
Gold dropped after U.S. lawmakers agreed on a debt-limit deal, boosting investors™ appetite for risk. Silver retreated from near the highest level since June 2018. Spot gold -0.4% to $1,418.60/oz at 9:49am in Singapore. Price...
Hong Kong stocks kicked off on Tuesday with a small gain following the previous day's big losses, with eyes on the corporate earnings season that is in full swing in the United States. The Hang Seng Index inched up 0.07 per cent, or 20.78 points,...
Silver futures settled at a 13-month high on Monday, outpacing strength in gold, which saw prices eke out only a modest gain.
Rising geopolitical...
Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month.
Gold futures for...
Gold futures hovered near unchanged Monday, in consolidation mode after hitting a six-year high last week but underpinned by rising geopolitical...
Gold prices inched lower on Monday, extending losses after the metal hit a six-year peak on Friday, as investors rolled back expectations for a...