(IHS Markit) The Eurozone manufacturing PMI dipped to 61.4 in August from 62.8 in July, a second consecutive month of slowing growth. The growth at the investment goods manufacturers remained…
(IHS Markit) UK’s Purchasing Managers Index plunged to 60.3 in August to mark a five-month low, from July’s 60.4. The fall in manufacturing activity reflected continuing supply constraints, with input…
(Nationwide House Price Index) UK house prices reached an average price of 248,857 in August, a 2.1% surge from July and the second-largest increase in 15 years. On an annual…
(Caixin) China’s General Manufacturing PMI entered the contractionary zone at 49.2 in August, down from 50.3 in July as Covid-19 clouded activity. The PMI marks the first time of deterioration…
(Crowdstrike) Crowdstrike announced a net loss of $57.3 million in the second quarter of the fiscal year 2022, compared to a loss of $29.9 million in the same period last…
(Nikkei Asia) The launch of Apple Watch 7 could wait longer as manufacturing was reportedly halted to allow engineers address performance issues. Small-scale production of Apple Watch started last week,…
(The Conference Board) US Consumer confidence plunged to 113.8 in August from 125.1 in July, the lowest reading since February this year. Consumers’ assessment of the current labor market and…
(MNI) The Chicago Business Barometer fell to the lowest reading since June at 66.8, following low production and increasing backlogs. Inadequate labor, low supply of raw materials, and supply inefficiencies…
(S&P Global) US National Home Price NSA Index that covers all nine census divisions surged at an annual rate of 18.6% in June, a further increase from a gain of…
(Futu Holdings) Futu Holdings Limited announced a 125.8% jump in net income to HK$533.9 million or US$68.7 million in the second quarter, compared to the same period in 2020, which…
(Zoom) Zoom Video Communications Inc. posted revenue of $663.5 million in the second quarter of 2021, an increase of 355% from the comparable quarter of 2020. Income from operations rose…
(Barrons) The Securities and Exchange Commission chief Gary Gensler has said the regulator is considering a full ban on controversial “payment for order flow.” Gensler says the SEC staff are…