construction

Last week IHS Markit released the monthly UK PMI's covering the manufacturing, construction and services sector for the month of December. According to the report, the Purchase Manager's Index surveys showed that, despite the ongoing uncertainty surrounding Brexit, the activity across the sectors remained resilient. Growth was seen rising at ...

2018-01-17 John Benjamin Read more
UK Jobs_0404

Manufacturing and construction PMI slows in March Services PMI rises to the highest level this year UK all-sector PMI suggests UK’s GDP might have expanded at a pace of 0.4% in the first quarter of 2017 Weak readings in manufacturing and construction suggests worsening conditions in the coming months Consumer-focused services saw...

2017-04-07 John Benjamin Read more
yen_BoJ

Market Summary RBA cuts interest rates by 25bps to new record low of 1.50% Japan’s Abe announces 28 trillion yen in fiscal stimulus spending NZDUSD rallies after New Zealand inflation expectations edge higher to 1.70% UK construction PMI contracts at the fastest pace in 7-years US Core PCE rises 1.60% on a year over year basis...

2016-08-02 John Benjamin Read more
Australia

Australia’s federal elections over the weekend saw no major party taking a lead with counting set to resume on Tuesday. In the UK, construction PMI fell sharply in June, plunging to a 7-year low. Eurozone PPI edges higher in May. US markets are closed on account of Independence Day. Today’s Economic events Japan Monetary Base y/y 25.40% ...

2016-07-04 John Benjamin Read more
Draghi_Orbex

Bank of Japan policy maker, Sato spoke today and said that negative interest rates would have a tightening effect under the current conditions. His comments, critiquing BoJ’s policies sent the yen higher, extending its gains. ADP payrolls showed private jobs rising 173k in May and April jobs data revised higher to 166k. ECB left interest rates u...

2016-06-02 John Benjamin Read more