Heat of Trade Tensions Hits French Companies as Exports Drop
Tuesday, 24 July 2018 14:35 WIB | GLOBAL ECONOMY |PMI France

An escalating trade spat between the U.S. and the European Union may be starting to leave its mark in France.

Exports of manufactured goods from the country dropped in July for the first time in almost two years, IHS Markit said on Tuesday, noting the decline coincides with reports that global trade tensions are weighing on external demand. A gauge for output in the private sector fell.

President Donald Trump is threatening to impose import tariffs on European cars, a move that would mark a serious escalation of a brewing trade conflict and undermine growth in the euro area™s second-largest economy.

French Finance Minister Bruno Le Maire called on Sunday for the U.S. administration to respect global rules, arguing that the œlaw of the jungle where everyone fights on their own leads to chaos. EU Commission President Jean-Claude Juncker is due to visit Washington for talks this week.

Despite trade tensions, œthe French private sector continued to grow at a decent lick at the start of the third quarter, said Alex Gill, an economist at IHS Markit. œThe rate of expansion, however, remains far weaker than seen around the turn of the year.

A Purchasing Managers' Index for manufacturing and services eased to 54.5 from 55 in June, missing economist estimates for 54.9. Growth was driven by services, with robust economic conditions and the soccer World Cup -- which France won -- bolstering orders.

Capacity pressures continued to build, especially at services providers, and companies increased hiring for a 21st straight month.

Source : Bloomberg


Trump Says China Will `Reduce and Remove' Car Import Tariffs
Monday, 3 December 2018 12:08 WIB

Presiden AS Donald Trump mengatakan China telah setuju untuk "mengurangi dan menghapus" tarif terhadap mobil-mobil Amerika dari 40 persen saat ini. Dia tidak memberikan rincian lain dalam tweet-nya pada larut malam, yang muncul tak lama setelah ia dengan Presiden Xi Jinping meyetujui gencatan senja...

Jobless claims cling near 45-year low
Thursday, 2 August 2018 19:56 WIB

Klaim pengangguran diawali,dengan maraknya pemecatan di AS yang merayap lebih tinggi pada akhir Juli tetapi itu merupakan berada di dekat level terendah dalam setengah abad terakhir. Klaim baru naik tipis dari 1.000 menjadi 218.000 dalam tujuh hari dari 22 Juli hingga 28 Juli. Para ekonom yang disu...

Australian Employment Rose 22,600 in April; Est. 20,000 Gain
Thursday, 17 May 2018 08:59 WIB

Bank sentral Australia sedang berupaya melakukan pengetatan tenaga kerja untuk mendorong upah yang lebih tinggi dan memacu inflasi sebelum mempertimbangkan menaikkan suku bunga. Biro statistik merilis data di Sydney pada hari Kamis. Lowongan Pekerjaan naik 22.600 dari Maret, ketika revisi turun 700...

India Hikes Tariffs on US Goods Amid Deepening Trade Friction
Monday, 17 June 2019 17:15 WIB India has hiked tariffs on 28 goods imported from the United States as a trade spat between the two countries intensifies. The retaliatory move came days after Washington removed New Delhi from a list of countries that have preferential access to...


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.