Archives Tag: Euro

BUSINESS ECONOMY International News

Positive Data Floods US & UK as Economic Recovery Continues Steadily

April 19, 2022

Driven upward by the eurozone’s strongest economy, Germany, the Manufacturing PMI for the region grew to 51.6 in November, up from October’s 51.3 and rising steadily for a fifth consecutive month just as analysts predicted. The eurozone Services PMI on the other hand weakened slightly to 51.2 in November, but whilst the reading was lower … Continue reading Positive Data Floods US & UK as Economic Recovery Continues Steadily

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ECONOMY International News

Euro Spurred by Series of Positive PMIs; ECB Announces Historical Change in Interest Rates

April 19, 2022

Euro spurred on by series of positive PMIs and ECB announces historical change in interest rates A powerful chain of PMIs was released in the eurozone last week, all beating economists’ expectations and injecting the eurozone with a much needed boost of positivity. The Markit PMI Composite for the eurozone came in at 51.9 as … Continue reading Euro Spurred by Series of Positive PMIs; ECB Announces Historical Change in Interest Rates

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