British manufacturing sector expanded at the fastest pace in eight months during March as orders and production growth gathered momentum. The Purchasing Managers' Index rose to 54.4 from 54 in February, which was revised down from 54.1, survey results from Markit Economics and the Chartered Institute of Procurement & Supply showed Wednesday.
Purchasing Managers' survey results from Eurozone and other major economies are due on Wednesday, headlining a light day for the European economic news.
China's manufacturing sector slipped into contraction in March, the latest report from HSBC showed on Wednesday, with a PMI score of 49.6.
That was higher than the preliminary reading of 49.2, although it was down from 50.7 in February. It also moved below the boom-or-bust line of 50 that separates...
Japan's manufacturing sector decelerated in March but continued to expand, the latest survey from Markit Economics showed on Wednesday, with a PMI score of 50.3.
That's down from 51.6 in February, although it remains barely above the boom-or-bust line of 50 that separates expansion from contraction.
The manufacturing sector in South Korea slid into contraction in March, the latest purchasing managers' index from HSBC showed on Wednesday with a score of 49.2.
That's down sharply from 51.1 in February, and it drops below the boom-or-bust line of 50 that separates expansion from contraction.
An index measuring business sentiment in Japan was unchanged in the first quarter of 2015, the Bank of Japan revealed on Wednesday in its quarterly Tankan business survey.
The large manufacturers' index came in with a score of 12, missing forecasts for 14, but unchanged from the third quarter.
The dollar is currently turning in a mixed performance against its major competitors Tuesday. The U.S. currency is holding on to gains against the Euro, but is down slightly against both the pound sterling and the Japanese Yen. U.S. economic data was largely positive today, with consumer confidence and...
Consumer confidence in the U.S. unexpectedly rebounded in the month of March, the Conference Board revealed in a report on Tuesday, with the increase driven by an improved short-term outlook for both employment and income prospects.
Business activity in the Chicago area unexpectedly continued to contract in the month of March, according to a report released by MNI Indicators on Tuesday. MNI Indicators said its Chicago business barometer edged up to 46.3 in March from 45.8 in February, although a reading below 50 continues to indicate a contraction.
With Denver, Miami, and Dallas pacing the gains, Standard & Poor's released a report on Tuesday showing that home prices in major U.S. metropolitan areas increased at a faster annual rate in the month of January.
The Eurozone unemployment rate dropped in February to the lowest since May 2012 as companies stepped up employment amid strengthening confidence. Nonetheless, the jobless rate remained at an elevated double-digit level. The unemployment rate fell to a seasonally adjusted 11.3 percent in February from a revised 11.4 percent in January, data published by Eurostat showed Tuesday.
The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country...
Although Eurozone inflation remained negative for the fourth consecutive month, the price decline in March was the slowest for the period, the flash estimate from Eurostat showed Tuesday. The harmonized index of consumer prices fell 0.1 percent year-on-year in March, in line with expectations. It was slower than February's 0.3 percent decline and a 0.6 percent fall seen in January.
Consumer prices and unemployment reports from Eurozone are due on Tuesday, headlining a hectic day for the European economic news.
Industrial output in South Korea advanced a seasonally adjusted 2.6 percent on year in February, Statistics Korea said on Tuesday.
That topped expectations for a gain of 0.8 percent following the downwardly revised 3.8 percent decline in January.
On a yearly basis, industrial production tumbled...