Flash Purchasing Managers Index (PMI) figures in the euro zone, the UK and the United States take centre stage on Thursday, and investors will be on the...
Flash Purchasing Managers Index figures in the euro zone, the UK and the United States take centre stage on Thursday, and investors will be on the lookout for whether the global growth narrative is showing signs of change.
Part of that shift could get some momentum on expectations that the Bank of England and the European Central Bank are likely to cut rates next month, while an easing cycle in the United States is meanwhile still some time away.Bets for an imminent rate cut by the Federal Reserve were again pared after minutes of the central bank's latest policy meeting came in more hawkish than expected, breathing new life into the dollar and keeping U.S. Treasury yields elevated.
In other news, Taiwan's military mobilised its forces and said it was confident it could protect the island, after China started two days of "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts". People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City
The United States S&P Global Market Intelligence Purchasing Managers Index
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