Brexit offers Britain chance to do financial services differently -minister

2/2 © Reuters. Canary Wharf business district in London 2/2 LONDON (Reuters) – Brexit offers Britain a chance to do things differently in financial services, finance minister Rishi Sunak said on Sunday, but it will co-operate with the European Union on an approach to the sector despite little detail on the topic in its trade […]

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China official PMIs for October: Manufacturing 51.4 (vs expected 51.3) Services 56.2 (expected 56.0)

The manufacturing PMI fell from September but not by as much as expected (central median estimate). Manufacturing 51.4Non-manufacturing 56.2Composite 55.3 prior 55.1 Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics. All remain above 50 and in expansion.   China’s economy is still struggling out of the pandemic response earlier in the year, but […]

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Japan services PPI for September +1.3% y/y (expected +1%)

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Japan PPI Services (Aug): 1.0% y/y (exp 1.2%; prior 1.2%)

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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Japan data – PPI Services for June: 0.8% y/y (expected 0.8%)

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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China official PMIs for May: Manufacturing 50.6 (expected 51.1), Services 53.6 (expected 53.5)

Purchasing managers’ index (PMI) data for May from China’s National Bureau of Statistics (NBS). Manufacturing PMI 50.6 expected 51.1, prior 50.8 Non-manufacturing 53.6 expected 53.5, prior 53.2 Composite 53.4 prior 53.4 Expansion for the manufacturing sector continued in May, although by a smaller margin than in April. Just over 80% of manufacturing business has now […]

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More Japan data – PPI services for March: 1.6% y/y (expected 1.7%, prior 2.1%)

Yen is not doing a lot on the forex for the session so far. Earlier re Japan: — The data point is an indication of prices for services products provided by Japanese firms to other businesses & to government. Data from the Bank of Japan. See here for global coronavirus case data Let’s block ads! (Why?) […]

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Pound Under Pressure as U.K. Services Suffer Worst Month Ever

© Reuters. By Yasin Ebrahim  Investing.com – The pound continued its selloff against the dollar on Friday, as the U.K. services sector suffered its worst month on record, exacerbating fears about the strength of the economy at a time when business activity has ground to a halt following a nationwide lockdown last week. fell 1.15% […]

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China manufacturing, services show steady expansion

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