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Market Talk – May 6, 2022 | Armstrong Economics

ASIA: Activity in India's dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed, but sky-rocketing inflation remained a major concern. The S&P Global India Services Purchasing Managers' Index rose to 57.9 in April ....

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FTSE 100 ends at session low below 7,500 level with Wall Street cautious ahead of Fed rate decision

FTSE 100 ends at session low below 7,500 level with Wall Street cautious ahead of Fed rate decision
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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FTSE 100 in the red and Wall Street cautious ahead of Fed, while Just Eat Takeaway.com NV drops on boardroom drama

FTSE 100 in the red and Wall Street cautious ahead of Fed, while Just Eat Takeaway.com NV drops on boardroom drama
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

New York , United States , United Kingdom , Cat Rock , City Of , Michael Hewson , Jerome Powell , Nela Richardson , Andrew Montlake , Neil Wilson , Ipek Ozkardeskaya , Amedeo Felisa , Swissquote Bank , Frasers Group , Rio Tinto , Jd Sports Fashion , Anglo American , Services Index Apr , European Union , Dow Jones , Market Committee , European Commission , Line Insurance Group , Federal Reserve , Us Sp Global Services , Paddy Power ,

Market Talk – May 7, 2021 | Armstrong Economics


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ASIA:
The International Monetary Fund said on Thursday the recent jump in COVID-19 cases in India posed downside risks to the Fund’s April forecast for 12.5% growth in India’s economic output in fiscal years 2021 and 2022. The IMF will revisit that forecast when it issued a fresh World Economic Outlook in July, IMF spokesman Gerry Rice told reporters at a regular briefing, but gave no further details.
The major Asian stock markets had a mixed day today:
NIKKEI 225 increased 26.45 points or 0.09% to 29,357.82
Shanghai decreased 22.41 points or -0.65% to 3,418.87
Hang Seng decreased 26.81 points or -0.09% to 28,610.65
ASX 200 increased 19.10 points or 0.27% to 7,080.80 ....

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