Tag: Manufacturing sector
China’s Retail Sales and Industrial Output Exceed Expectations
China's Economy Shows Resilience Amid Global ChallengesA bustling marketplace in Beijing paints a vivid picture of China's economic landscape, where retail sales and industrial output have exceeded expectations, offering a glimmer of hope in...
Japan’s PMI Manufacturing in July: Finalized at 49.1, Back in Contraction
Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector after a brief period of growth in early 2023. According...
Expectations for Next Week’s ISM Business PMIs – Action Forex
The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI data for June. These reports, scheduled for Monday and Wednesday...
Euro Area Recovery in Question as PMIs Highlight Weakness
The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities saw modest gains and crude oil prices surpassed USD 85...
Saudi Deputy Minister Emphasizes Kingdom’s Manufacturing Sector Growth
The Middle East region is experiencing a surge in startup activity, with entrepreneurs securing funding across various sectors. Investment pools have been established, with Qatari and Emirati venture capitals looking to boost the ecosystem...