OECD’s fresh warning hits market sentiment
The Organisation for Economic Co-operation and Development has issued a fresh warning on the prospect of economic fallout if the United Kingdom votes to leave the European Union.
The Organisation for Economic Co-operation and Development has issued a fresh warning on the prospect of economic fallout if the United Kingdom votes to leave the European Union.
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A Purchasing Managers Index update published today suggests 2016 could be a year of “robust expansion” for the eurozone, according to Markit chief economist Chris Williamson.
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An increase in monthly manufacturing suggests the possibility for economic improvement after Japan fell into recession in Q3.
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Manufacturing output rose 1.9% in June, its strongest growth since 2010 and more than double the expected rate according to the Office of National Statistics.
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The Markit/CIPS PMI survey data for August shows the services sector falling by near record levels.
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Globally PMI data makes for poor reading but more QE is not the answer to generate growth.
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Carl Astorri goes against consensus to suggest Q2’s figures will not be as rosy as many predict.
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The latest manufacturing PMI shows orders at a 21-month low as domestic and export demand slow
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