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UK PM May tells business chiefs: two-year Brexit transition is assured - source

Prime Minister Theresa May told business leaders that they should treat a two-year transition period after Brexit as assured as she tries to ease company concerns that Britain could crash out of the EU without a deal, a source told…

Sentix Investor Confidence reached new ten-year high

The economic momentum continues. The overall index for Euroland improves by 1.5 points and reaches a new 10-year high with 29.7 points. Current situation and expectations are improving to a similar extent. The first economic test after the Bundestag elections…

German Industrial Production up by 2.6%

In August 2017, production in industry was up by 2.6% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In July 2017, the corrected figure shows…

China's Services PMI fell to 50.6

The Caixin China Composite PMI™ data (which covers both manufacturing and services) signalled a weaker expansion in total Chinese business activity at the end of the third quarter. Notably, the Composite Output Index fell from 52.4 in August to a…

US Unemployment Rate fell to 4.2%

The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some…

UK House Prices increased by 0.8%

House prices rose by 0.8% between August and September, following a 1.5% increase in August. The annual rate of growth has picked up for the second consecutive month, rising from 2.6% in August to 4.0% in September. The average house price…

German Factory Orders up by 3.6%

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in August 2017 a seasonally and working-day adjusted 3.6% on the previous month. For July 2017, revision of the preliminary outcome resulted…

ISM Non-Manufacturing PMI grew to 59.8

Economic activity in the non-manufacturing sector grew in September for the 93rd consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business. The NMI registered 59.8 percent. This is the highest reading since…

ADP Employment increased by 135,000

Private sector employment increased by 135,000 jobs from August to September according to the September ADP National Employment Report. “In September, small businesses experienced a dip in hiring,” said Ahu Yildirmaz, vice president and cohead of the ADP Research Institute.…

UK Services PMI up to 53.6

September data revealed a continued upturn in business activity across the UK service sector, although the rate of expansion edged up only slightly since August and remained weaker than seen on average in the first half of the year. Relatively…

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