Tag: Contracting

South Korea follows contracting GDP with more bad news – manuf outlook ugliest in 2 yrs

South Korea follows contracting GDP with more bad news – manuf outlook ugliest in 2 yrs

Yesterday we had data on South Korea's shrinking economy:This morning we've had more worrying data, February Bank of Korea survey findings: Manufactur [...]
Australian S&P / Markit Services PMI for November remains contracting at 47.6 (prior 47.2)

Australian S&P / Markit Services PMI for November remains contracting at 47.6 (prior 47.2)

Australian S&P / Markit PMIs for November 2022.Final results are Services 47.6Composite 48.0For the preliminary readings: We've had earlier PMIs [...]
German panel of economic advisors sees economy contracting 0.2% in 2023

German panel of economic advisors sees economy contracting 0.2% in 2023

German inflation to hit 8.0% in 2022 and 7.4% in 2023Energy-relief measures are welcome but would have been better if they had been prepared earlierSe [...]
Stagflation Recurs With Contracting EZ GDP & Record Core CPI

Stagflation Recurs With Contracting EZ GDP & Record Core CPI

EUR/USD ANALYSIS TALKING POINTSEurozone core inflation surprises higher at 5%.EZ GDP echoes dire economic situation in the region. Trade Smarter - [...]
Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The combined market capitalization of the two largest stablecoins, tether (USDT) and USD Coin (USDC), has begun to fall again, a sign that quantitativ [...]
Canada's Ivey PMI Shows Activity Contracting in July – Forex Factory

Canada's Ivey PMI Shows Activity Contracting in July – Forex Factory

Canada's Ivey PMI Shows Activity Contracting in July  Forex Factory www.forexfactory.com [...]
Japan economy minister Yamagiwa on the contracting Q3 GDP data – optimistic for growth ahead – ForexLive

Japan economy minister Yamagiwa on the contracting Q3 GDP data – optimistic for growth ahead – ForexLive

Japan economy minister Yamagiwa on the contracting Q3 GDP data - optimistic for growth ahead  ForexLive www.forexlive.com [...]
Canadian finance minister resigns amid contracting scandal

Canadian finance minister resigns amid contracting scandal

“At this time, I spoke with Invoice Morneau and accepted his resignation," the prime minister mentioned in a press release. "Canada will vigorousl [...]
Canadian GDP Turned Optimistic in Could, After Contracting for Two Months

Canadian GDP Turned Optimistic in Could, After Contracting for Two Months

The GDP report from Canada for Could has been launched. The Canadian economic system contracted in March and April throughout lock-downs, but it s [...]
Amazon Appears to be like to Query Trump in Pentagon Contracting Case

Amazon Appears to be like to Query Trump in Pentagon Contracting Case

SEATTLE — Amazon has requested a federal court docket to let it depose President Trump and Protection Secretary Mark Esper, arguing that listening [...]
Japan’s Manufacturing Sector Seen Contracting for Eighth Straight Month in December

Japan’s Manufacturing Sector Seen Contracting for Eighth Straight Month in December

In a worrying signal for the economic system, manufacturing facility exercise in Japan continued to stay in contraction for the eighth consecutive [...]
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