UK manufacturing downturn deepens as optimism drops to lowest level in a year
The UK's manufacturing sector fell deeper into contraction in December, while business optimism fell to its lowest level in a year.
Source: cityam.com
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UK manufacturing sector on "weak footing" at end of 2023
The UK manufacturing sector concluded a tricky 2023 with another decline in December, survey results showed on Tuesday. The latest S&P Global UK manufacturing purchasing managers' index fell to 46.2... -January 02, 2024 at 05:16 am EST - MarketScreener
Source: marketscreener.com
UK factory output lower than expected after fall in domestic and export orders
Higher borrowing costs and a slump in demand contribute to 17th consecutive month of contraction
Source: theguardian.com
Dollar Gains Momentum as 2024 Begins with Global Equities Selloff
As US session commences, Dollar's rebound is gaining additional momentum. This upswing is occurring against a backdrop of intensifying selloff in the equities market, primarily influenced by Apple's downturn following downgrade by Barclays over concerns of weakening sales.
Source: actionforex.com
UK manufacturing sector shrinks for 17th month in a row
The slump in the UK's manufacturing industry continued last month with output, new orders and employment all falling, according to a closely-watched survey.
Source: heart.co.uk