Page 15 - Markit Services News Today

Following EUR/USD Forecast: Time to turn down? Vaccine optimism may be premature, Fed could lift dollarANALYSIS | 4/7/2021 8:47:17 AM GMT EUR/USD has staged a recovery on upbeat vaccine and growth forecasts. Concerns about eurozone immunization supplies and a tad of Fed hawkish may change the picture. Wednesdays four-hour chart is showing the currency pair is in overbought territory.  Even before the summer – that is when most Europeans may get...

Activity in Indias dominant services industry expanded for the sixth consecutive month in March, supported by strong domestic demand, but some momentum was lost as authorities imposed fresh restrictions following a surge in coronavirus cases, a survey showed. The results were broadly backed by a Reuters poll last week that predicted Indias economy would grow faster than previously expected this fiscal year but warned a resurgence of coronavirus cases could derail growth. The Nikkei/IHS Marki...

Updated / Wednesday, 7 Apr 2021 09:52 The IHS Markits Services Purchasing Managers Index (PMI) rose to 49.6 in March from Februarys 45.7 Euro zone business activity returned to growth last month, underpinned by a record expansion in the manufacturing sector, according to a survey that showed the service industry was coping with new lockdowns better than expected. As Europe battles a third wave of coronavirus infections, governments have re-imposed restrictions on citizens and forced swathes of...

3 Min Read LONDON (Reuters) -Euro zone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service industry was coping better than expected with new lockdowns. FILE PHOTO: Dark clouds hang over the financial district as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, March 16, 2021. REUTERS/Kai Pfaffenbach Europe is battling a third wave of coronavirus ...

3 Min Read LONDON (Reuters) -Euro zone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service industry was coping better than expected with new lockdowns. FILE PHOTO: Dark clouds hang over the financial district as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, March 16, 2021. REUTERS/Kai Pfaffenbach Europe is battling a third wave of coronavirus ...

COVID-19 impact: Indias services sector growth loses momentum in March Subdued foreign demand for services meant export business declined again, although the fall was the shallowest since February last year - not long before the full impact of the pandemic hit PTI | April 7, 2021 | Updated 12:08 IST Activity in Indias dominant services industry expanded for the sixth consecutive month in March, supported by strong domestic demand, but some momentum was lost as authorities imposed fresh restric...

The Globe and Mail Jonathan Cable Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Jens Meyer/The Associated Press Euro zone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service ind...

Euro zone business activity returns to growth in March Record expansion underpinned by manufacturing sector about 4 hours ago   Euro zone business activity returned to growth last month, underpinned by a record expansion in the manufacturing sector, according to a survey on Wednesday that showed the service industry was coping with new lockdowns better than expected. As Europe battles a third wave of coronavirus infections, governments have re-imposed restrictions on citizens and forced swath...

Eurozone business activity returns to growth in March 07 Apr 2021 People on a shopping street in Gelsenkirchen, Germany, on Wednesday. Associated Press Eurozone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service industry was coping better than expected with new lockdowns. Europe is battling a third wave of coronavirus infections and governments - als...

Buy (almost) everything is back April 6, 2021SharePrint Stock markets rise, US dollar dips In a flashback to the future, US markets fully returned to work overnight and partied like it was 2020. Stock markets powered higher; the US dollar fell at the expense of risk-correlated currencies, US yields eased slightly, and industrial metals rose. Gold and cryptos both had positive days with only oil suffering, which we will discuss later. There seems to have been a delayed reaction to Friday’s imp...