FOREX TradingCharts.com

Financial News: Eurozone Private Sector Expands More Than Estimate

Eurozone Private Sector Expands More Than Estimate

07/05/2017 - 04:26:00 (RTTNews)

(RTTNews) - The euro area private sector expanded more than initially estimated in June, final data from IHS Markit showed Wednesday.

The composite output index fell to a four-month low of 56.3 in June from 56.8 in May, but above the flash estimate of 55.7.

The expansion was again led by the manufacturing sector in June. Although the rate of growth in service sector activity moderated, it was still among the strongest seen over the past six years, Markit said.

The services Purchasing Managers' Index dropped less-than-estimated to 55.4 in June from 56.3 in May. The flash reading was 54.7.

All of the national manufacturing and service sectors covered by the survey registered growth of output in June, the first time this has happened since April 2014.

Nonetheless, rates of expansion expansion slowed in Germany, France and Italy.

Germany's composite PMI came in at 56.4 versus 57.4 in May. The score was above the flash 56.1. Data signaled the weakest growth of private sector output since February.

Indicating the slowest expansion since January, the final services PMI slid to 54.0 from 55.4 in May. The initial estimate was 53.7.

France's composite PMI posted 56.6 in June, down fractionally from May's six-year high of 56.9. The score was above the initial estimate of 55.3.

The headline services PMI dropped fractionally to 56.9 from 57.2 in the previous month. The flash reading was 55.3.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: Center-south Sugar Cane Crush Is Down 6.13% On Year (24 min(s), 08 sec(s) ago)
(RTTNews) - Brazil's center-south sugar cane crush for the 2017-18 harvest was down 6.13% on y ...Full Story»

BRAZIL: Central Bank Starts Monetary Policy Meeting (47 min(s), 08 sec(s) ago)
(RTTNews) - The Brazilian central bank's monetary policy committee (Copom) meeting started Tue ...Full Story»

U.S. Consumer Confidence Unexpectedly Improves In July (05 hr(s), 21 min(s), 08 sec(s) ago)
(RTTNews) - Consumer confidence in the U.S. unexpectedly improved in the month of July, according ...Full Story»

PMI Fall Unlikely To Deter ECB From Tapering Asset Buys This Year (05 hr(s), 59 min(s), 08 sec(s) ago)
(RTTNews) - The latest slowing in the private sector growth in the euro area and the fall in the p ...Full Story»

German Business Sentiment Hits Record High (08 hr(s), 08 min(s), 08 sec(s) ago)
(RTTNews) - German business confidence strengthened further to a fresh record high in July as comp ...Full Story»

EU Says Confidence Returning As Greece Sells Bonds First Time Since 2014 (08 hr(s), 57 min(s), 08 sec(s) ago)
(RTTNews) - Greece has made much progress since 2010 and investor confidence is returning to the c ...Full Story»

Brazil Consumer Confidence Falls For Second Month: FGV (09 hr(s), 0 min(s),08 sec(s) ago)
(RTTNews) - Brazil's consumer confidence weakened for the second straight month in July, figur ...Full Story»

UK Manufacturing Output Strongest Since 1995: CBI (09 hr(s), 29 min(s), 08 sec(s) ago)
(RTTNews) - The British manufacturing output increased at the fastest pace since early 1995, the l ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: Center-south Sugar Cane Crush Is Down 6.13% On Year

07/25/2017 - 16:06 PM (RTTNews)
(RTTNews) - Brazil's center-south sugar cane crush for the 2017-18 harvest was down 6.13% on y ...Full Story>>

BRAZIL: Central Bank Starts Monetary Policy Meeting

07/25/2017 - 15:43 PM (RTTNews)
(RTTNews) - The Brazilian central bank's monetary policy committee (Copom) meeting started Tue ...Full Story>>

U.S. Consumer Confidence Unexpectedly Improves In July

07/25/2017 - 11:09 AM (RTTNews)
(RTTNews) - Consumer confidence in the U.S. unexpectedly improved in the month of July, according ...Full Story>>

PMI Fall Unlikely To Deter ECB From Tapering Asset Buys This Year

07/25/2017 - 10:31 AM (RTTNews)
(RTTNews) - The latest slowing in the private sector growth in the euro area and the fall in the p ...Full Story>>

German Business Sentiment Hits Record High

07/25/2017 - 08:22 AM (RTTNews)
(RTTNews) - German business confidence strengthened further to a fresh record high in July as comp ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.