British manufacturing PMI sinks less than expected
In May, manufacturing activity in the United Kingdom tumbled less than expected, easing worries over the UK economy, as industry data revealed on Thursday…
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Greenback stands still, pound sags before UK election
On Thursday, the evergreen buck stood still after some poor American economic data overnight…
Australian dollar is dented by dismal China factory poll
On Thursday, the Australian dollar went down, reacting to a private poll, which unveiled that China's manufacturing activity suddenly dived in May, thus casting a cloud over the world economic outlook…
South Korea signals broad tax lifts
South Korea requires raising taxes broadly on the general population, and with the affluent taxed to a greater degree for the purpose paying for more jobs as well as welfare programs, as the head of the country's presidential jobs committee, Lee…
Crude futures ascend 1% after American stockpile draw
On Thursday, crude futures headed north, having dipped to a three-week minimum in the previous session, affected by a report from an industry body, which showed American crude stockpiles had sunk more than expected…
British pound declines on election fears
On Thursday, the British pound retreated, following concerns that Britain’s Prime Minister Theresa May could lose control of the country’s parliament in June 8 election…
Gold and copper lose in Asia
On Thursday, gold and copper weakened in Asia because a major measure of China manufacturing disclosed a sag into contraction in May…
Stocks in Asia are mixed due to PMIs in China
On Thursday, Asian stocks demonstrated mixed performance, following manufacturing surveys, which revealed a revenue in Japan, though weaker views in China weighed on Asian shares…
In May, euro zone inflation sags more than expected
In the euro zone consumer price inflation dipped more than expected in May, as official preliminary data unveiled on Wednesday…
Greenback gains some ground on American rate lift expectations
On Wednesday, the evergreen buck soared versus other key currencies, underpinned by rising hopes for a June rate lift in America, and as traders turned their attention to a major American employment report, expected to emerge at the end of the week…
Pound shows 1-month lows amid British political jitters
On Wednesday, the British pound sagged versus the greenback, re-approaching a one-month minimum after the publication of dismal British data and amid ascending political uncertainty in the United Kingdom ahead of the June 8 election…
European shares stand still as miners weigh
On Wednesday, European stocks started intact, suppressed by a dip in mining shares and underpinned by a big soar for Ericsson, right after a trader purchased a stake in the telecoms equipment company…
