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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: Wednesday, June 5: Services PMI Day
Wednesday, June 5, 2013 - 6:31am | 1285Futures Slightly Lower on Global Economic Data U.S. equity futures traded slightly lower in early Wednesday trade after stocks broke the 20-Tuesday winning streak yesterday. Markets eye key economic reports from around the world heading into trading Wednesday as global service PMIs are due out...
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Benzinga Market Primer: Tuesday, June 4
Tuesday, June 4, 2013 - 6:25am | 1359Futures Marginally Lower Ahead of Quiet Day U.S. equity futures traded marginally lower after Monday's gains heading into a quiet day both on the earnings and economics calendars. Should the S&P 500 post gains today, it would mark the 21st consecutive Tuesday of gains. Top News In other news...
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Benzinga Market Primer: Monday, May 6
Monday, May 6, 2013 - 6:46am | 1003Futures Sightly Higher on Economic Data U.S. equity futures rose slightly in early pre-market trade following the strong employment report from the U.S. and better than expected services data from the EU. Notably, Japanese and U.K. markets were closed overnight. Top News In other news around the...
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Benzinga Market Primer: Thursday, April 4
Thursday, April 4, 2013 - 6:21am | 868Futures Higher on BoJ Easing, Eyeing BoE, ECB U.S. equity futures rose on new rounds of easing from the Bank of Japan in hopes that continued and increased central bank stimulus can continue to prop up the global economy. The BoJ is to increase purchases to seven trillion yen per month, or about...
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Benzinga Market Primer: Wednesday, April 3
Wednesday, April 3, 2013 - 6:33am | 874Futures Higher On Strong Chinese Services Data U.S. equity futures rallied in early pre-market trade following stronger than expected data on China's services sector. The official Non-Manufacturing PMI in China rose to 55.6 in March from 54.5 in February and the HSBC China Non-Manufacturing PMI...
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Weekly Preview: Non-Farm Payrolls, Global Central Banks in Focus
Friday, March 29, 2013 - 2:44pm | 937Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...
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Eurozone Growth Slows in March
Thursday, March 21, 2013 - 10:27am | 452Eurozone growth continued to slow in March raising fears of a prolonged, deepening recession and raising calls for the European Central Bank to act quickly to prop up the fledgling European economy. Markit Economics reported that both the service sectors and manufacturing sectors in France,...
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Benzinga Market Primer: Thursday, January 24
Thursday, January 24, 2013 - 7:25am | 882Futures Slide as Apple Disappoints U.S. equity futures slid in pre-market trading following the disappointing earnings report from Apple, Inc. (NASDAQ: AAPL). Apple reported first quarter earnings that beat expectations but revenue was light and margins dropped precipitously. Top News In other...
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Benzinga Market Primer, Wednesday, December 5
Wednesday, December 5, 2012 - 7:27am | 758Futures Rise on Chinese Investment Plan U.S. equity futures rose in early Wednesday trading as China opened up financial markets to further investment from insurers and increased urbanization plans. The moves serve as ways to support the banking sector in the country, as insurers can now use bank...