The flash reading of the eurozone manufacturing purchasing managers index rose to a 3-month high of 46.6 in November, up from 45.9 in October.
The PMI was slightly above the FactSet-compiled economist consensus for a 46.4 consensus, but below the 50 level, indicating purchasing managers were reporting contractionary conditions.
The flash services PMI meanwhile fell to a 10-month low of 51.5 in November from 52.2, which was below economist expectations for a 52.4 reading. The flash estimate is typically based on approximately 85% of the final number of replies received each month.
Source: Marketwatch
RELATED NEWS
U.S. Private Sector Sheds 27,000 Jobs in March: ADP
Wednesday, 1 April 2020 19:43 WIBThe U.S. private sector shed 27,000 jobs in March, according to a report by payrolls processor ADP, before the worst of the impact of the coronavirus pandemic on the U.S. labor market was seen. Economists had expected the report to show a much larger loss of 150,000 jobs. February™s figure was re...
Consumer Confidence Sinks In March To A 32-Month Low
Tuesday, 31 March 2020 21:25 WIBConsumers started to rapidly lose confidence in the economy in March as a deadly coronavirus spread, a new survey shows, and it™s likely to plunge a lot more in the month ahead as millions are thrown out of work and the U.S. sinks into recession. The closely followed index of consumer confidence ...
China shows strong factory activity in March
Tuesday, 31 March 2020 09:19 WIBAn official gauge of China's manufacturing activity rebounded strongly in March as factory production resumed after the coronavirus epidemic was largely put under control in the country. The official manufacturing purchasing managers' index rose to 52.0 in March from a record low of 35.7 in Februar...
A Record 3.28 Million Americans Applied for Unemployment Benefits Last Week Due to Coronavirus
Thursday, 26 March 2020 20:43 WIBThe number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic. The seasonally adjusted increase in initial jobless claims from Marc...
Virus Walloped U.S. Economy in March, IHS Markit Gauge Shows
Tuesday, 24 March 2020 21:38 WIBThe global health crisis dealt a swift, painful blow to the U.S. economy in March, with a gauge of activity at service providers and manufacturing contracting the most on record. The IHS Markit composite index of purchasing managers tumbled 9.1 points to 40.5, marking the steepest drop in data back...
Gold Futures Settle Lower for a Second Session
Gold Futures Fall Sharply for The Session, Climb for The Month
Tokyo stocks fall more than 3 percent at open
Gold Rose As Virus-Led Growth Fears Spur Safety Buying
Hong Kong Stocks Close Lower (Review)
Dow Skids Nearly 900 Points Lower At The Open To Start April Trade
Wednesday, 1 April 2020 20:50 WIB
U.S. stock indexes open sharply lower Wednesday morning to start April and a new quarter, as as President Donald Trump warned on Tuesday that a "very, very painful" two weeks are ahead as the COVID-19 pandemic continues.
The Dow Jones Industrial...