Page 35 - Jonathan Cable News Today

Global manufacturing activity took a big hit from supply chain bottlenecks and escalating costs, exacerbated by pandemic-induced factory shutdowns in Asia and signs of slowing Chinese growth, surveys showed on Friday.

Global manufacturing activity took a big hit from supply chain bottlenecks and escalating costs, exacerbated by pandemic-induced factory shutdowns in Asia and signs of slowing Chinese growth, surveys showed on Friday. While countries where outbreaks of the Delta coronavirus variant receded saw an improvement in activity, growth shrank in some as chip shortages and supply ...

BRITAIN-PROPERTY/POLL (POLL):POLL-UK house prices to climb on cheap cash, hunt for space

Already-expensive British home prices will see further substantial gains over the next few years, bolstered by low borrowing costs, supply shortages and a desire for more living space, a Reuters poll of housing market analysts found.

Jonathan Cable 3 minute read LONDON, Aug 4 (Reuters) - Euro zone business activity roared in July, expanding at its fastest pace in 15 years, as the lifting of more coronavirus restrictions and an accelerated vaccine drive injected life into the blocs dominant service industry, a survey showed. But supply chain disruptions and labour shortages meant input prices surged at the fastest rate in over two decades and fears of further curbs to contain the more infectious Delta variant of COVID-19 den...

London open: Stocks rise as L&G, Taylor Wimpey results impress Wed, 4th Aug 2021 08:02 (Sharecast News) - London stocks rose in early trade on Wednesday, underpinned by solid results from Legal & General and Taylor Wimpey, as investors eyed the latest reading on the UK services sector. At 0830 BST, the FTSE 100 was up 0.4% at 7,134.65. On the data front, Markits services PMI for July is at 0930 BST. CMC Markets analyst Michael Hewson said: "The recent flash PMIs from the UK and US both saw sur...

Jonathan Cable 3 minute read Summary reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBASEQP BoE poll Reuters poll graphics on the UK inflation, monetary policy and economic growth outlook:https://tmsnrt.rs/2UPNwRv Reuters poll graphics on the UK economic outlook:https://tmsnrt.rs/3enAdip LONDON, July 16 (Reuters) - Britains economy will expand rapidly this quarter as additional coronavirus-related restrictions are lifted and further pent-up demand is unleashed, a Reuters p...

4 Min Read BENGALURU (Reuters) - Near-term bets in favour of the dollar should be increased, a majority of analysts in Reuters polls said, who however were split on the duration of the greenback’s bullish trend and forecast its allure to fade in a year. A man counts U.S. dollar banknotes at a currency exchange shop in Beirut, Lebanon, June 11, 2021. REUTERS/Mohamed Azakir Tracking the Federal Reserve’s surprisingly hawkish outlook at the June meeting, the dollar ended its two month losing s...

European factories racing as Asian manufacturers see momentum weaken European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Euro zone manufacturing activity expanded at its fastest pace on record last month while Britain’s factories extended their post-lockdown recovery and went on a hiring spree. “How has t...

4 Min Read LONDON/TOKYO (Reuters) -European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Labourers work in VinFasts factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue/Files Euro zone manufacturing activity expanded at its fastest pace on record last month while B...