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The euro zone's economy appears to be on track for a sturdy finish to this year, and companies are actually passing on more of their costs to customers because pricing power inched up, as a poll unveiled on Monday.
In October, IHS Markit's final composite Purchasing Managers' Index for the euro zone went down to 56.0 from September's outcome of 56.7, thus ruining an earlier flash forecast of 55.9.
The final euro area PMI was updated up marginally from the flash forecast just to leave euro area surge looking healthy enough at the beginning of Q4, as some financial experts stressed.
As earlier figures revealed, surge was still firm in France and Germany, the bloc's two leading economies, although slowed in Italy, hinting a recent flurry in economic activity in this country might be petering out.
Surge in Spain's major services sector edged down to its lowest value for nine months because the political crisis in Catalonia affected heavily business sentiment.
In July, American retail sales jumped more than anticipated because households spurred purchases of cars and clothing, hinting that the American economy was still firm early in the third quarter…
In July, American industrial output managed to ascend, backed by higher manufacturing output, which is an upbeat indication of economic surge in the United States…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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