Germany HCOB Composite PMI drops to 47.3 in November vs. 48.6 expected
Business activity in Germany's private sector contracted at an accelerating pace in early November, with the preliminary HCOB Composite Purchasing Managers Index (PMI) dropping to 47.3 from 48.6 in October. This reading came in below the market expectation of 48.6.
Fri, 22 Nov 2024 03:37:17 -0500
Germany HCOB Services PMI below expectations (51.7) in November: Actual (49.4)
Germany HCOB Services PMI below expectations (51.7) in November: Actual (49.4)
Fri, 22 Nov 2024 03:30:04 -0500
Germany November flash manufacturing PMI 43.2 vs 43.0 expected
Manufacturing PMI xx vs 43.0 expected and 43.0 prior. Services PMI xx vs 51.6 expected and 51.6 prior.
Fri, 22 Nov 2024 03:30:03 -0500
Germany HCOB Manufacturing PMI registered at 43.2 above expectations (43) in November
Germany HCOB Manufacturing PMI registered at 43.2 above expectations (43) in November
Fri, 22 Nov 2024 03:30:01 -0500
Germany HCOB Composite PMI below forecasts (48.6) in November: Actual (47.3)
Germany HCOB Composite PMI below forecasts (48.6) in November: Actual (47.3)
Fri, 22 Nov 2024 03:30:01 -0500
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors rapidly shrugged off the company's warning that the profit margin will dip to 73% on manufacturing challenges of the Blackwell chips, and thought they could cope with that small deterioration.
Fri, 22 Nov 2024 03:15:56 -0500
France November flash services PMI 45.7 vs 49.0 expected
Prior 49.2 Manufacturing PMI 43.2 vs 44.5 expected Prior 44.5 Composite PMI 44.8 vs 48.3 expected Prior 48.1 This article was written by Justin Low at www.forexlive.com.
Fri, 22 Nov 2024 03:15:03 -0500
France HCOB Manufacturing PMI below forecasts (44.5) in November: Actual (43.2)
France HCOB Manufacturing PMI below forecasts (44.5) in November: Actual (43.2)
Fri, 22 Nov 2024 03:15:02 -0500
France HCOB Composite PMI came in at 44.8, below expectations (48.1) in November
France HCOB Composite PMI came in at 44.8, below expectations (48.1) in November
Fri, 22 Nov 2024 03:15:02 -0500
France HCOB Services PMI came in at 45.7, below expectations (49) in November
France HCOB Services PMI came in at 45.7, below expectations (49) in November
Fri, 22 Nov 2024 03:15:02 -0500
Euro Area PMIs Set Stage for ECB
Today, in the euro area we receive November PMIs, an important factor for the ECB decision in December. The growth momentum has recently decreased, particularly driven by a slowdown in Germany.
Fri, 22 Nov 2024 03:14:49 -0500
European indices off to a more positive start again today
Overall, it has been a more sluggish week for European stocks but they're looking to salvage things at least in the last two days. Major indices are sitting higher, helped by bids into value and small caps stocks in the US as well.
Fri, 22 Nov 2024 03:05:13 -0500
Pound Sterling weakens as UK Retail Sales contract at faster-than-expected pace
The Pound Sterling (GBP) weakens against a majority of its peers, except Asia-Pacific currencies, as the United Kingdom (UK) Retail Sales data for October contracted at a faster-than-expected pace. The British currency trades near 1.2550 against the US Dollar (USD) in Friday's London session, a six-month low.
Fri, 22 Nov 2024 02:52:56 -0500
Sterling falls to 6-month low after weak UK retail sales
The pound weakened on Friday after data showing British retail sales fell by much more than expected in October, which if matched by other soft data could cause the Bank of England to be less cautious when it comes to rate cuts.
Fri, 22 Nov 2024 02:22:13 -0500
UK retail sales drop sharply by -0.7% mom in Oct, but broader trends show resilience
UK retail sales volumes plunged by -0.7% mom in October, significantly underperforming expectations of a -0.3% mom decline. Also, volumes remained -1.5% below their pre-pandemic level in February 2020.
Fri, 22 Nov 2024 02:15:23 -0500
Vulnerable Germany heaps pressure on ECB: Mike Dolan
It's hard to imagine the gloom surrounding Europe's biggest economy deepening much further than it already has, but Germany's outlook for 2025 just keeps getting bleaker.
Fri, 22 Nov 2024 02:08:58 -0500
UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected
The UK's Office for National Statistics (ONS) reported on Friday that Retail Sales declined 0.7% on a monthly basis in October. This reading followed the 0.1% increase recorded in September and came in worse than the market expectation for a decline of 0.3%.
Fri, 22 Nov 2024 02:06:24 -0500
UK retail sales fall by 0.7% in October
British retail sales fell by 0.7% in October, figures from the Office for National Statistics showed on Friday.
Fri, 22 Nov 2024 02:04:54 -0500
United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%) in October
United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%) in October
Fri, 22 Nov 2024 02:00:58 -0500
Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in 3Q
Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in 3Q
Fri, 22 Nov 2024 02:00:56 -0500