(IHS Markit) UK’s manufacturing PMI eased to an expansion of 57.1 in September, lower than 60.3 posted in August. Fig: UK Manufacturing PMI The slowdowns in UK manufacturing were fueled…
(IHS Markit) Eurozone Manufacturing PMI was 58.6 in September, the lowest since February and below a reading of 61.4 in August. Fig: Eurozone Manufacturing PMI The slower expansion in Eurozone…
(IHS Markit) Japan’s manufacturing PMI was 51.5 in September, a record low since February, down from 52.7 in August as the sector slowed down for the second straight time. Fig.…
(Department of Labor) US jobless claims rose by 11,000 to reach 362,000 in the week that ended September 25. The claims were higher than expected 335,000 as Delta variant slowed…
(Bloomberg) The average rate on a 30-year mortgage in the US was 3.01%, an increase from 2.88% posted last week. The rate is the highest since June 24. Fig: Mortgage…
(Eurostat) Euro area posted an unemployment rate of 7.5% in August 2021, a decline from 7.6% in July and 8.6% in August last year. EU’s unemployment was 6.8%, a decline…
(Virgin Galactic) Virgin Galactic stock soared more than 9% on Thursday on news the Federal Aviation Administration has cleared it to fly licensed spaceflights. FAA clearance follows an inquiry of…
(Reuters) Strategists are optimistic that the US Treasuries, which rose to the highest levels since mid-June, could reach 1.9% in 12 months, 40 basis points from the current level. Fig:…
(IHS Markit) Sales of certified pre-owned vehicles rose up to 1,218,255 units from January to July 2021, an 11% increase from the comparable period of last year. Fig: YoY CPO…
(ONS) UK gross domestic product expanded by 5.5% in the second quarter of 2021, up from a prior estimate of 4.8% increase following the lifting of Covid-19 restrictions. Fig: UK…
(IHS Markit) China’s manufacturing conditions stabilized in September, with the adjusted PMI rising to 50 from 49.2 in August. The index was at the second-lowest in 17 months. Fig: China…
(NAR) The US pending home sales reached 119.5 in August, a jump of 8.1% from July. The sales were down by 8.3% from the comparable month of 2020. The surge…