French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…
China September factory activity is seen tumbling at a slightly slower pace
In September, China's factories managed to spur activity for the 14th straight month because the country's year-long building boom as well as higher prices earned hearty revenues, although the tempo of surge might have slumped moderately from August.
On Sunday, the official manufacturing Purchasing Managers' Index is believed to show 51.5 for September, decreasing marginally from August's outcome of 51.7. It follows from a median prediction of 24 financial experts surveyed by Reuters.
China's manufacturers reported sturdy earnings, powered by a government-led infrastructure spending spree, firmer factory-gate prices as well as recovering exports.
In August, revenue ascend at Chinese industrial companies at the fastest monthly tempo in four years because of higher commodity prices, as data disclosed on Wednesday.
Concerns as for a steep sag in demand in the nearer months have caught China iron ore futures tumble more than 20% since August, although steel prices have kept going up.
In January, new orders for American goods shot up less than anticipated, tamed by dives in orders for computers as well as electronic products, which is another sign of decelerating manufacturing activity…
The Federal open market committee (FOMC) will make its monetary policy statement and announce the interest rate on March 20, 20:00 MT time.
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…