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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 Managers' Index (PMI) released on Wednesday. Moreover, the launch of the coronavirus disease 2019 (Covid-...

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 Nikkei/IHS Markit Services Purchasing Managers’ Index rose to 52.8 in January from 52.3 in December, al...

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 result of Chancellor Angela Merkel’s decision to extend Germany’s current restrictions until at l...

Provided by Dow Jones Feb 2, 2021 3:14 PM UTC The following are forecasts for this week's 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-Mfg PMI Jan 57.0 (28) 57.2 Thursday 0830 Jobless Claims Jan 30 ...

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.