Purchasing Managers News
-
The Polish central bank’s unexpected cut in interest rates is prompting investors to anticipate more reductions, brushing aside Governor Marek Belka’s efforts to temper speculation for further easing.
-
Poland’s central bank cut its benchmark interest rate to a record low as the European Union’s largest eastern economy struggles with slowing growth.
-
China’s export growth unexpectedly accelerated in April even as shipments to the U.S. and Europe fell, spurring Bank of America Corp. and Mizuho Securities Co. analysts to say the figures were inflated by fake reports.
-
Emerging-market economic growth was probably the weakest since September 2011 last month as global demand for manufacturing and services declined, HSBC Holdings Plc said, citing a survey of purchasing managers.
-
Gold futures gained for the second time in three sessions on expectations that China will announce more stimulus measures to boost economic growth, increasing demand for the precious metal as a store of value.
-
The Canadian dollar strengthened against almost all of its most-traded counterparts after a government report showed March building permits increased more than forecast.
-
Canada’s Ivey purchasing managers’ index dropped in April, falling short of the most pessimistic projection by economists, as deliveries slowed for the first time this year.
-
Spain’s 10-year government bonds declined for the first time in three days as an industry report showed the nation’s services industries contracted in April, damping demand for the country’s assets.
-
European stocks were little changed near a five-year high as services and manufacturing output shrank for a 15th month while European Central Bank President Mario Draghi said policy makers are ready to cut interest rates if needed.
-
Euro-area services and manufacturing output shrank for a 15th straight month in April and retail sales fell in March as the 17-nation economy struggled to emerge from recession.
|
|
Purchasing Managers Photos
Most Popular on Bloomberg
|
|
Purchasing Managers Videos
|
|
Rate this Page