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July Services PMI Round-Up: China Bounces, U.K. Shines As Germany Fades
Monday, August 5, 2013 - 11:15am | 843Over the weekend and early Monday, services PMIs for major economies around the world were released. China's services data relaxed fears of a hard landing for the economy while the British sector showed strong growth in July while Germany disappointed. The ISM Services Index in the U.S. also...
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Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition
Friday, May 3, 2013 - 6:24am | 1140Futures Lower Ahead of Non-Farm Payrolls, Lower EU Outlook U.S. equity futures traded lower in early pre-market trade ahead of the Non-Farm Payrolls report for April and following the EU Commission cutting its growth forecasts. Looking at Non-Farm Payrolls, economists surveyed by Bloomberg are...
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Benzinga Market Primer, Monday, December 3
Monday, December 3, 2012 - 7:56am | 780Futures Rise on Chinese Data U.S. equity futures rose slightly in early Monday trade following a slew of Chinese data over the weekend. The Chinese Manufacturing PMI rose to 50.6 in November from 50.2 in October, showing a continued recovery in the sector. In addition, the official Services PMI...
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China Services PMI Drops In June
Thursday, July 5, 2012 - 6:55am | 31China's services industry activity contracted in June, according to a business survey. The China Services Purchasing Managers' Index declined to 50.6 in June, versus 51.9 in May, according to a statement by HSBC.