Page 19 - Markit Services News Today

Toggle navigation IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets Service sector growth extends into new year: IHS Markit ANI | Updated: Feb 03, 2021 13:38 IST New Delhi [India], February 3 (ANI): The Indian service sector continued to expand in January with growth of new work and business activity quickening since December, according to the latest IHS Markit Services Purchasing Manag...

Sensex Jumps over 550 Points to Hit All-time High After Services Sector Improves FOLLOW US ON: Indian shares hit record highs on Wednesday and extended their post-budget rally, after a survey showed the country’s dominant services sector picked up in January as demand improved. The NSE Nifty 50 index rose 1.07% to 14,804.05 by 0515 GMT, while the benchmark S&P BSE Sensex was up 1.01% at 50,298.31. Both Nifty and Sensex touched all-time highs after rising 1.2% and 1.1%, respectively. The Nikke...

At the time of writing the pair is currently trading at around 0.8816. Euro (EUR) Falls as Preliminary Eurozone GDP Shows Contraction The Euro struggled this morning as the preliminary fourth quarter GDP data for the Eurozone showed a contraction of -0.7%, though still managing to beat forecast of -1.0%. The data shows that the Eurozone’s GDP fell shrank 6.8% in 2020 can be attributed to the coronavirus pandemic and lockdown restrictions imposed across the bloc. The Euro also struggles as a r...

Provided by Dow Jones Feb 2, 2021 3:14 PM UTC The following are forecasts for this weeks remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Wednesday 0815 ADP Jobs Jan +50K (15) -123K 0945 Markit Services PMI Jan 57.1 (8) 57.5* 1000 ISM Non-Mf...

Volatility jumped to 25.34 levels at close on Friday, from 22.42 levels seen on previous Friday ahead of budget, due to selling pressure in emerging markets.

Following 1/7/2021 5:42:43 AM GMT Sustained USD selling assisted EUR/USD to gain traction for the third straight session on Wednesday. The euro bulls seemed rather unaffected by the downward revision of the Eurozone Services PMIs. Disappointing US ADP report, FOMC minutes did little to impress the USD bulls or cap the major. The EUR/USD pair shot to fresh 33-month tops on Wednesday amid sustained US dollar selling bias. The market started pricing in the possibility o...

Growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday.

Indias services sector loses momentum; PMI falls to 52.3 in Dec vs 53.7 in Nov The Nikkei/IHS Markit Services Purchasing Managers Index fell to 52.3 in December from Novembers 53.7 but held above the 50-mark separating growth from contraction for a third straight month Reuters | January 6, 2021 | Updated 11:24 IST Growth in Indias dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey ...

(Representative image) BENGALURU: Growth in Indias dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday. Asias third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic levels soon, especially within the service industry - the engine of economic growth and jobs in the country. The Nikkei...

Service activity slows in December, PMI at 3-month low SECTIONS Share Synopsis The IHS Markit India Services Business Activity Index dropped to 52.3 in December from 53.7 in November. Agencies Job market conditions darkened, slipping back into contraction, although the pace of job shedding remained minimal. NEW DELHI: India’s services activity slowed to a three-month low level in December and staff hiring came to a halt on liquidity concerns, labour shortages and subdued demand as business op...