by Christopher Nye | Feb 5, 2019
UK construction PMI figures showed a drop to 50.6 in January 2019 from 52.8 in December, which was some way below the 52.4 the markets had been expecting. The reading is the slowest expansion in the British construction sector since a decline in March 2018. The survey...
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by Christopher Nye | Feb 4, 2019
Non-farm payrolls in January smashed forecasts, with figures showing a massive 304,000 jobs were created last month. This was much better than the 165,000 the markets had been expecting and came despite the longest government shutdown in history. The unemployment rate...
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by Christopher Nye | Feb 4, 2019
When the preliminary reading of the German manufacturing PMI was released, it showed that the sector was on course for the first contraction since November 2014. While figures released on Friday confirmed this, it was actually worse than first thought, with it...
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by Christopher Nye | Feb 4, 2019
The pound weakened against the euro and dollar on Friday as the latest manufacturing PMI reading fell to a three-month low of 52.8 in January 2019. It was below the 53.5 the markets had been expecting and is the second-weakest reading since July 2016. Interestingly,...
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by Christopher Nye | Feb 4, 2019
On Friday, the non-farm payrolls report from the US showed that US jobs growth was much stronger than expected in January. Despite the longest government shutdown in history, a whopping 304,000 jobs were created last month, up from a downwardly revised 222,000 in...
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