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Euro zone factory downturn eased for third month in January - Vimarsana News

Euro zone factory downturn eased for third month in January

The downturn in euro zone factory activity eased for a third month in January but could stretch through this quarter, according to a survey on Thursday that showed a majority of sub-indices remained... -February 01, 2024 at 04:00 am EST - MarketScreener

GLOBAL ECONOMY-Factories deliver mixed performance globally in January - Vimarsana News

GLOBAL ECONOMY-Factories deliver mixed performance globally in January

Global factories delivered a largely patchy performance at the start of 2024, surveys showed on Thursday, as new orders spurred momentum in the United States, but soft Chinese demand left Asia's...

Euro zone business downturn eases in January -PMI - Vimarsana News

Euro zone business downturn eases in January -PMI

LONDON (Reuters) -Euro zone businesses faced a tough start to 2024 with activity contracting again in January as demand continued to fall while price pressures rose due to tensions in the Red Sea, a survey showed. HCOB's preliminary euro zone Composite PMI, compiled by S&P Global, rose to 47.9 this month from December's 47.6, just shy of expectations in a Reuters poll for 48.0 but marking its eighth month below the 50 level separating growth from contraction. British services firms saw another pick-up in growth this month, adding to signs of a modest recovery in the sluggish e...

Source: yahoo.com
Gulf economies to rebound in 2024 despite weak oil growth outlook - Vimarsana News

Gulf economies to rebound in 2024 despite weak oil growth outlook

The six-member Gulf Cooperation Council economies will grow at a faster pace in 2024 than last year despite expectations of weak global growth hurting oil demand, according to economists polled by...

Bank of England may start cutting interest rates in Q2 as inflation eases- Reuters poll - Vimarsana News

Bank of England may start cutting interest rates in Q2 as inflation eases- Reuters poll

It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with only a slim majority of economists expecting it to do...