German Flash Manufacturing PMI Slips to 43.1 in July, EUR/USD Hits Fresh 2-Month Lows
Wednesday, 24 July 2019 15:01 WIB | ECONOMY |Ekonomi Jerman

German manufacturing activity recorded the worst performance in seven years in the month of July, the latest manufacturing activity report from IHS/Markit research showed this Wednesday.

The German manufacturing purchasing managers index (PMI) arrived at 43.1 versus 45.0 expected and 45.2 previous. Meanwhile, services PMI hit a two-month low level of 55.4 as against previous months reading of 55.8 and 55.3 anticipated.

The IHS Markit Flash Germany Composite Output Index came in at 4-month lows of 51.4 in July vs. June™s 52.6 and 52.3 expectations.

On the German PMI disappointment, the selling pressure around the EUR intensified, with EUR/USD hitting fresh two-month lows at 1.1128.

Source : FXstreet

RELATED NEWS

U.S. Consumer Prices Trail Projections as Used-Car Costs Tumble
Thursday, 10 October 2019 20:04 WIB

A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months. The core consumer price index, which excludes food and e...

UK GDP Contracts 0.1% m/m in August, Misses Estimates
Thursday, 10 October 2019 15:59 WIB

The UK GDP monthly release showed 0.1% contraction in August versus 0.0% expected and +0.4% previous. Meanwhile, Index of services (August) arrived at +0.4% 3m/3m vs. +0.1% expected and +0.3% last. The Gross Domestic Product released by the National Statistics is a measure of the total value of al...

U.S. Payrolls Miss Estimates as Wages Cool in Sign of Downshift
Friday, 4 October 2019 19:46 WIB

U.S. private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may be starting to falter even as the jobless rate fell to a half-century low. Private payrolls expanded by 114,000 after an upwardly revised 122,000 advance the...

Service side of economy grows at slowest pace in 3 years
Thursday, 3 October 2019 21:31 WIB

Service-oriented companies that employ the vast majority of Americans registered the weakest growth in September in three years, adding to a cacaphony of reports showing a broad slowdown in the U.S. economy. The Institute for Supply Management's said its non-manufacturing index fell to 52.6 last mo...

U.S. Private Sector Adds 135,000 Jobs in September
Wednesday, 2 October 2019 19:29 WIB

U.S. private sector hiring slowed more than expected in September a report by a payrolls processor ADP showed Wednesday. Private sector payrolls increased by 135,000, vs 140,000 forecast, prior month revised down to 157,000 from 195,000. Data a day earlier pointing to a shock drop in U.S. factory ...

ANOTHER NEWS
Trump: US Will Impose 'Big Sanctions' Against Turkey for Onslaught on Kurds
Monday, 14 October 2019 23:42 WIB U.S. President Donald Trump on Monday promised "big sanctions" against Turkey for its invasion into northern Syria against Kurdish fighters, but again defended his withdrawal of American troops who had been fighting alongside the Kurds against...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.