UK services PMI lifts pound off 3-week lows but growth lags Eurozone

UK services PMI lifts pound off 3-week lows but growth lags Eurozone UK services PMI Manufacturing and services PMI released in the UK this week indicate the British economy continues to expand at a moderate pace, easing concerns of a sharper slowdown or a recession as the Brexit uncertainty bites on growth. However, when put
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(European Session) – Dollar strengthens after manufacturing PMI beat; pound hits three-week low as manufacturing industry slows Dollar strengthens The dollar continued its rally during the European session and managed to peak at a two-week high against its major peers following upbeat manufacturing PMI releases, although a music festival in Las Vegas turned into the deadliest mass shooting
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US ISM Non-Manufacturing PMI Rises in August The ISM Non-Manufacturing PMI index for the United States went up to 55.3 in August of 2017 from 53.9 in July, compared to market expectations of 55.4. Improvements were seen in production, new orders and employment while inventories slowed and price pressures increased. The majority of services providers
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German construction PMI declined in August German construction PMI region logged a softer boom in August but remained strong inside the context of historical survey information, ihs Markit suggested Wednesday. The headline construction shopping managers’ index fell to fifty four.9 in August from 55.Eight in July. But, an analyzing above 50 suggests growth. Activity has
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Japanese Markit services PMI eased in August services PMI eased The nikkei offerings pmi in japan fell to fifty one.6 in august of 2017 from 52 in july. It become the 11th directly month of enlargement in offerings interest, however the weakest on account that february 2017 as new paintings and activity elevated at a
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