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German machine tool orders down in Q1 2024, potential recovery ahead

The German machine tool industry experienced a decline in orders during the first quarter of 2024, with international orders dropping significantly. Dr. Markus Heering of the VDW attributes this to lingering uncertainties and delayed investments. Despite the downturn, there are signs of potential recovery in the second half of the year. ....

Frankfurt Am Main , Markus Heering , German Machine Tool Builder Association , Executive Director , Global Purchasing Manager Index , Oxford Economics ,

UK business activity declines again in October, according to PMI by Reuters

LONDON (Reuters) - British businesses recorded another decline in activity this month and cost pressures eased further, a survey showed on Tuesday, ....

City Of , United Kingdom , Andy Bruce , Ruth Gregory , United Kingdom Standard , Global Purchasing Manager Index ,

The GBP/USD outlook amidst data figures and economic challenges

The GBP/USD outlook amidst data figures and economic challenges
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United States , United Kingdom , Swati Dhingra , Market Committee , Federal Reserve , Federal Reserve Bank , National Activity Index , Global Purchasing Manager Index , Federal Open Market Committee , British Pound , Gross Domestic Product , Producer Price Index , Manager Index ,

The Purchasing Managers' Index (PMI) shows UK business activity declined again in October

British companies recorded another decline in activity this month and cost pressures eased further, a survey showed on Tuesday, highlighting the risk of ....

United Kingdom , Ruth Gregory , United Kingdom Standard , Global Purchasing Manager Index ,

Egypt's Trade Deficit Declines by 16.6%

Egypt’s trade balance deficit declined by 16.6 percent to $3.15 billion in October 2023, compared to $3.78 billion in the same month of 2022. The Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Thursday that the value of exports declined 19.2 percent on an annual basis to $3.23 billion in October 2023. It added that this drop was driven by a decline in the value of exports of natural and liquefied gas by 95.8 percent, petroleum products by 43.6 percent, and plastics in their primary forms by 21.4 percent. ....

Central Agency For Public Mobilization , Central Agency , Public Mobilization , Global Purchasing Manager Index ,