FOREX TradingCharts.com

Financial News: Saudi Arabia's Non-Oil Private Sector Growth At Record

Saudi Arabia's Non-Oil Private Sector Growth At Record Low

05/03/2018 - 03:44:00 (RTTNews)

(RTTNews) - Saudi Arabia's non-oil private sector indicated the slowest improvement in business conditions in the survey's near nine-year history, data from IHS Markit showed Thursday.

The headline Emirates NBD Purchasing Managers' Index, or PMI, dropped to 51.4 in April from 52.8 in March. However, any reading above 50 indicates expansion in the sector.

A contraction in new orders combined with easing job creation and softer output growth all contributed to the slowdown recorded in April.

"The further softening of the non-oil activity data in April is surprising given the sharply higher oil prices so far this year, as well as the expansionary budget that was announced for 2018," Khatija Haque, Head of MENA Research at Emirates NBD, said.

"Firms have cited subdued domestic demand as a reason for the decline in new orders last month, although export orders declined as well."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Producer Prices On Tap For Monday (01 hr(s), 25 min(s), 37 sec(s) ago)
(RTTNews) - Japan will on Monday release April numbers for producer prices, highlighting a light d ...Full Story»

(UPDATE) BRAZIL: Government, Truck Drivers Reach A Deal, But Strike Continues (58 min(s), 23 sec(s) ago)
(RTTNews) - The Brazilian government has reached an agreement Thursday night with truck drivers to ...Full Story»

BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week (48 min(s), 23 sec(s) ago)
(RTTNews) - The Brazilian Treasury Department announced three extraordinary debt auctions for next ...Full Story»

BRAZIL: Stocks Fall As Fuel Crisis Continues Even After Government Action (42 min(s), 23 sec(s) ago)
(RTTNews) - Ibovespa, the benchmark stock market index in Brazil, fell 1.52% to 78,897.66 points F ...Full Story»

COLOMBIA: Colcap Falls 0.13% Before Presidential Elections (34 min(s), 23 sec(s) ago)
(RTTNews) - Colcap, the benchmark stock market index in Colombia, fell 0.13%, to 1,526.36 points, ...Full Story»

BRAZIL: President Orders Security Forces To Clear Trucker Road Blockades (24 min(s), 23 sec(s) ago)
(RTTNews) - Brazilian President Michel Temer ordered national security forces to clear all of the ...Full Story»

BRAZIL: Outlook Is Uninspiring And Reforms Are Needed, IMF Says (21 min(s), 23 sec(s) ago)
(RTTNews) - Brazil is still under a mild economic recovery, but the outlook for the future is "uni ...Full Story»

BRAZIL: DI Rates Remain Little Changed With Focus On Truckers Crisis (10 min(s), 23 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil are unchanged in the ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Producer Prices On Tap For Monday

05/27/2018 - 18:00 PM (RTTNews)
(RTTNews) - Japan will on Monday release April numbers for producer prices, highlighting a light d ...Full Story>>

(UPDATE) BRAZIL: Government, Truck Drivers Reach A Deal, But Strike Continues

05/25/2018 - 20:24 PM (RTTNews)
(RTTNews) - The Brazilian government has reached an agreement Thursday night with truck drivers to ...Full Story>>

BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week

05/25/2018 - 20:14 PM (RTTNews)
(RTTNews) - The Brazilian Treasury Department announced three extraordinary debt auctions for next ...Full Story>>

BRAZIL: Stocks Fall As Fuel Crisis Continues Even After Government Action

05/25/2018 - 20:08 PM (RTTNews)
(RTTNews) - Ibovespa, the benchmark stock market index in Brazil, fell 1.52% to 78,897.66 points F ...Full Story>>

COLOMBIA: Colcap Falls 0.13% Before Presidential Elections

05/25/2018 - 20:00 PM (RTTNews)
(RTTNews) - Colcap, the benchmark stock market index in Colombia, fell 0.13%, to 1,526.36 points, ...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.