USD: US-China trade wars fears grow again

Financial markets in the US were rather quiet yesterday as traders celebrated Labor Day. However, this didn’t stop anxiety over the US-China trade war growing once more. Chinese factories posted their weakest expansion in 14 months in August, as exports dropped for...


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EUR: eurozone factories slow in August

Like UK factories, eurozone factories slowed last month, mainly due to declines in Spain and Italy. From 55.1 in July, manufacturing PMI in the eurozone dipped to 54.6 which was in line with expectations. It is the weakest pace of expansion in the sector since...


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GBP: UK manufacturing growth slides in August

UK manufacturing growth figures released yesterday were rather disappointing. Last month, the reading came in at a downwardly revised 53.8 and analysts had expected the figure to be the same in August. Alas, it wasn’t to be and growth slumped to 52.8. Output rose the...


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UK manufacturing growth hits two-year low

UK manufacturing growth hit its lowest mark for 25 months in August, with new export orders falling for the first time in more than two years. The reading had been expected to come in at 53.8, which was the same as in July, but it actually came in at 52.8. It is the...


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Trump threatens World Trade Organization exit

Comments made by Donald Trump towards the end of last week worried investors and markets around the world fell. The US president gave an interview to Bloomberg in which he said if the World Trade Organization didn’t shape up he would withdraw the US. In typical style,...


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