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Economic Data - Eurozone economy continues to falter - PMI
Eurozone output nudged higher in September, a closely-watched survey showed on Friday, but the struggling manufacturing sector continued to weigh on growth.
Pound Sterling: Under Pressure As Business Confidence Reinforces UK Economic Fears
The Pound Sterling (GBP) posted sharp losses against the Euro (EUR) and US Dollar (USD) after the Bank of England (BoE) decision to leave interest rates on hold at 5.25%. The Pound to Dollar (GBP/USD) ...
Pound Sterling in Fresh Swoon vs. Euro and Dollar After PMI Data Shows Fastest Contraction Since Lockdown
GBP selloff extends on PMI disappointment PMI signals economic contraction in Sept. But inflation is falling rapidly Justifying Bank of England's decision to hold rates Good news seen in latest ...
Eurozone economic contraction less severe in September
Eurozone economic activity shrank further in September but the rate of decline has slowed, a key survey showed on Friday. Data from the HCOB Flash Eurozone purchasing managers' index (PMI) published ...
Live news: UK economy heading for recession, data suggests
UK economic activity has slipped at the fastest pace since January 2021, according to a closely watched survey on Friday that suggests the economy is heading for a recession. The S&P Global/Cips Flash ...