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Aug 03, 2014

For China Investors, Bad News Erases The Good

Non-manufacturing PMI comes in lower than expected following better than expected manufacturing data. China remains in a catch-22, but investors remain overall bullish judging by fund flow data...

Aug 05, 2014

Euro Sinks Against The Buck On Soft Data

The euro fell against the U.S. dollar to below $1.34 on Tuesday as new purchasing managers’ indexes surfaced confirming the eurozone’s recovery remains wobbly and its outlook uncertain. The forex market has already endured its share of curve balls bu... #China #HSBC #Forex

Aug 21, 2014

Slowdown in eurozone growth cools hopes that economy will bounce back

France's manufacturing activity plummets with job creation at a standstill, although Germany overcomes Ukraine concerns Private sector growth across the eurozone has slowed this month, bringing job creation to a standstill and dampening hopes that Eu... #Europe #Germany #European Central Bank #France

Aug 11, 2014

St Louis protesters demand murder charges for police officer who shot teen dead

Largely peaceful protests in suburb of Ferguson took place after riots that followed death of unarmed teenager Michael Brown Sunday nights riots gave way to more peaceful protests on Monday as residents of Ferguson, Missouri, took to the streets to d... #United States #Missouri

Aug 05, 2014

July services sector PMI: what the economists say

Economists give their verdict on the latest Markit/CIPS services PMI which details stronger than expected activity in July Britain's service sector was stronger than expected in July, with activity rising at the fastest rate in eight months according... #United Kingdom #Bank of England

Aug 05, 2014

Surging services sector - the cloud to the silver lining

Positive news, yes, but it hands yet more ammunition to interest rate hawks calling for higher borrowing costs Is a booming service sector good or bad news? On balance, of course, news that what is by far the biggest sector of the economy performed b... #Office for National Statistics #Bank of England

Aug 05, 2014

UK services sector growth speeds ahead in July fuelling interest rate rise talk

Spike in activity in hotels, banking, transport and business services prompts expectations that two MPC members will vote for rise Britain's dominant services sector enjoyed a stronger than expected July, raising expectations that one or more policym... #United Kingdom #Bank of England

Aug 01, 2014

PMI figures show UK manufacturing growth slowing amid fears for exports

Manufacturers believe Ukraine dispute could hit exports to EU and exacerbate a slowdown in Britain Growth in Britain's factories was the slowest in a year in July amid mounting fears that tension between Russia and the west might start to weigh on ma... #United Kingdom #European Union

Aug 05, 2014

Service sector growth puts focus on Bank of England this week

PMI rose to 59.1 from 57.7 in July, which economists believe points to the growing likelihood of strong economic expansion in the third quarter Britain's dominant services sector enjoyed a stronger than expected July, raising expectations that one or... #United Kingdom #Bank of England

Aug 05, 2014

Larry Elliott: Surging services sector - the cloud to the silver lining

Positive news, yes, but it hands yet more ammunition to interest rate hawks calling for higher borrowing costs Is a booming service sector good or bad news? On balance, of course, news that what is by far the biggest sector of the economy performed b... #Office for National Statistics #Bank of England