Tag Archives: Manufacturing

Major stock indexes edged higher in early trading, then continued to rise boosted by improved Chinese data, led by retail sales’ rising to 4.9% October, compared to the previous reading of 4.4%, above the expected 3.5%.The US data also showed an improvement at the level of the manufacturing sector, which …

The UK manufacturing sector activity expanded in October, the final report from IHS Markit confirmed on Monday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised higher from 57.7 to 57.8 in October, beating expectations of 57.7.

Gold prices stabilized Monday, November 1 as pressure from the US dollar continued, while investors cautiously awaited the US Federal Reserve meeting after data showed another spike in inflation. The dollar settled near a more than two-week high hit on Friday, making gold less attractive to buyers of other currencies. …

Gold prices fell, with the rise of the dollar, while investors are looking for more clues from an upcoming meeting of the Federal Reserve’s monetary policy committee (the US Central Bank) to reduce economic stimulus as inflation expectations rise. Spot gold fell 0.4% to 1791.81 per ounce. US gold futures …

Gold prices try to hold on humble gains impacted by economic data showing steady momentum in the U.S. manufacturing sector.U.S. durable goods orders declined by 0.4% in September, following August’s increase of 1.3%. The data was better than expected; namely a decline of 1.1%.Excluding transportation, new orders rose by 0.4% …

U.S. CompositePurchasing Managers’ Index; PMI Output Index, which tracks the manufacturing and services sectors, has rebounded to a reading of 57.3 in the first half of October from 55.0 in September. A reading above 50 indicates growth in the private sector.The service sector of the U.S. economy has sped up …

Manufacturing Sales in Canada increased by 0.5% on a monthly basis in August to C$60.3 billion, the data published by Statistics Canada showed on Thursday. This reading followed July’s decrease of 1.2% and came in line with the market estimates.

New orders for U.S. made goods accelerated in August, signaling sustained strength in manufacturing even though economic growth appeared to have slowed during the third quarter of 2021 because of shortages of raw materials and labor.“Factory orders increased 1.2% in August. Data for July was revised higher to show orders …

Manufacturing Sales in Canada declined by 1.5% on a monthly basis to C$59.6 billion in July, the data published by Statistics Canada revealed on Tuesday. This reading followed June’s expansion of 2.1% and came in worse than the market expectation for a decrease of 1%.

Manufacturing Sales rose by 2.1% on a monthly basis in June to C$59.2 billion, the data published by Statistics Canada reported on Monday. This reading followed June’s contraction of 0.3% and missed the market expectation for an increase of 2.5%.