by Julian Benson | Jul 6, 2023
The US Logistics Manager’s Index fell for the fifth consecutive month, hitting fresh record lows of 45.6 in June. This suggests another contraction within the logistics sector and is believed to be driven by inventory levels, which continued their downward movement....
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by Julian Benson | Jul 6, 2023
The S&P Global France services PMI dropped down to 48 in June 2023 from 52.5 in May, matching flash estimates. In Italy, The HCOB services PMI fell to 52.2 in June from 54 a month prior and compared to estimates of 53. This continues to point to expansions within...
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by Julian Benson | Jul 6, 2023
After seesawing throughout the day yesterday, the pound ended Wednesday just slightly shy of the rate seen as European markets opened. Tomorrow, investors will be keeping an eye out for any influence that may nudge the pound either way following PMI and JOLTs data....
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by Julian Benson | Jul 5, 2023
At 3pm (UK time) economists will receive the US JOLTs Job Openings figures for May. This comes following an unexpected increase in job vacancies in April, when the rate soared to 10.1 million. Markets forecast the latest figure will come in around 9.9 million. For...
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by Julian Benson | Jul 5, 2023
In June, Spain’s unemployment rate fell to a 15-year low of 2.69 million. This was largely fuelled by the services industry, which gained 43,133 workers last month.
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