Monthly archive January, 2020

Germany's factory orders decreased unexpectedly on weak foreign demand in November, figures from Destatis revealed Wednesday. New orders in manufacturing fell 1.3 percent month-on-month, confounding expectations for an increase of 0.2 percent. Orders had increased by a revised 0.2 percent Read More →

Reflecting strong job growth across companies of all sizes, payroll processor ADP released a report on Wednesday showing private sector employment jumped by much more than anticipated in the month of December. ADP said private sector employment surged up by Read More →

Major central banks are going to find difficult to combat an economic downturn as they are running out of monetary policy tools, Bank of England Governor Mark Carney said in an interview with the Financial Times. "It's generally true that Read More →

A report released by the Commerce Department on Tuesday showed a pullback in new orders for U.S. manufactured goods in the month of November. The Commerce Department said factory orders fell by 0.7 percent in November after inching up by Read More →

China's central bank reduced the amount of cash that banks should set aside as reserves to spur liquidity ahead of the Spring Festival. The People's Bank of China on Wednesday lowered the reserve requirement ratio, or RRR, by 50 basis Read More →

The euro area manufacturing sector continued to contract in December with weakness spread across most of the member countries, final data from IHS Markit showed Thursday. The manufacturing Purchasing Managers' Index fell to 46.3 in December from 46.9 in November. Read More →