China's manufacturing activity contracts amid trade tensions
The PMI rose to 49.5 in May from 49.0 in April, improving slightly but remaining below the 50-mark separating growth from contraction.
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PMI
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24 days ago
48 days ago
UK's powerhouse services sector slips into red for first time since 2023 as Trump tariffs and Labour's raid on business hammers activity
Grim figures from the closely-watched PMI survey of businesses showed a score of 49 for April - with anything below 50 representing contraction.
Euro zone economic growth slows in April, services near stagnation, PMI shows
The euro zone economy continued to expand in April but at a slower pace as demand weakened and the dominant services sector nearly stagnated, a survey showed.
61 days ago
Alarm as closely-watched PMI shows worst slowdown since 2022 amid Trump tariffs and Labour's NICs raid - with fears Reeves will be forced to hike taxes again
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a story from The Daily Mail 💩 › The Daily Mail
The flash PMI survey for this month found activity has tumbled amid Donald Trump 's trade tariffs and the impact of Labour's national insurance hike.
3 months ago
Services firms slash jobs at fastest rate since 2020 as companies brace for Labour's tax hikes amid slowdown
The closely-watched S&P Global UK services PMI showed the economy effectively flatlining last month, with a score of 51.
Bitcoin jumps on US crypto reserve plan; euro rises on Europe’s Ukraine peace push – business live
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a story from The Guardian ⚠️ › International
Cryptocurrencies rally while euro and sterling rise on Keir Starmer’s ‘coalition of the willing;’ European defence stocks jumps
Neil Wilson, analyst at TipRanks, said:
European stocks rallied at the st…
6 months ago
ISM® Services Index Decreases to 52.1% in November
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a story from Calculated Risk › Calculated Risk
(Posted with permission). The ISM® Services index was at 52.1%, down from 56.0% last month. The employment index decreased to 51.5%, from 53.0%. Note: Above 50 indicates expansion, below 50 in cont…
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