UK factory downturn deepens in June despite lower costs: PMI
By Andy Bruce LONDON (Reuters) - The pace of decline in Britain's manufacturing sector steepened in June and optimism faded despite weakening price pr...
Source: 933thedrive.com
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UK PMI manufacturing finalized at 46.5, continued to report recessionary conditions
UK PMI Manufacturing was finalized at 46.5 in June, down from May's 47.1, a six-month low. S&P Global noted that output fell in intermediate and investment goods sectors. Input prices and output charges both fell.
Source: actionforex.com
Russia and Saudi Arabia cut oil supplies in effort to bolster prices
Oil prices have pushed higher as Saudi Arabia and Russia announced twin moves to cut supplies.
Source: yahoo.com
London close: Stocks mixed amid global manufacturing weakness
London's leading stock indices painted a mixed picture at the close of trading on Monday, with the FTSE 100 index slipping slightly amid a lacklustre start to the week across the pond on Wall Street.
Source: sharecast.com
UK Manufacturing Faces More Headwinds As Overseas Spending Cools
Amid economic uncertainty and reduced spending both domestically and abroad, the UK's manufacturing sector has further slipped into recession for the 11th consecutive month
Source: oilprice.com