Moneycontrol Pro Weekender: Do gentlemen really prefer bonds?
Fed’s hawkish policy tilt is sending US bond yields higher, giving equities a big scare
Source: moneycontrol.com
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Top News In Flash Composite Today - Breaking & Trending Today
Rate decisions loom, and flash PMIs have a message for central banks, markets
For the Fed, the problem is that inflation in the services sector remains high on account of wage pressures, despite a slowing economy
Source: moneycontrol.com
Companies See "Sticky" Inflation in July in Services, as they Pass on Surging Input Costs, Including Higher Wages
Inflation in goods has abated, but it remains hot in services: Flash Composite PMI for July. The message about “sticky” inflation in services, as seen from…
Source: biztoc.com
DAX Slips On Growth Concerns
German stocks traded lower on Friday after data showed the country's business activity slowed notably this month due to a combination of a slower rise in service sector business activity and a deepening downturn in manufacturing output.
Source: rttnews.com
Flash PMIs show two-speed global economy -- and a dilemma for central banks
For the US, UK and the Eurozone, the Flash Manufacturing PMIs for May are all below 50, which means they have shrunk compared to the previous month. In contrast, the Flash PMI for the services sector shows robust expansion
Source: moneycontrol.com