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Monday, January 4, 2016

Markets fall as Chinese data disappoints and ahead of UK, EU and US manufacturing

Share trading in China halted as survey renews fears of economic slowdown 9.08am GMT So the overall picture for eurozone manufacturing has shown an improvement. The purchasing managers’ index for the eurozone came in at 53.2 in December, according to Markit. This compares to the 53.1 initial estimate, and the 52.8 recorded in November. 9.04am GMT And Greek manufacturing has also shown an improvement: Greek Manufacturing PMI (Dec) 50.2, previous 48.1 Above 50 for the first time since August 2014 Greek manufacturers reported a slight improvement in operating conditions in December, ending a sequence of deterioration which began in September 2014. The upturn in manufacturing was driven by higher production, which returned to expansionary territory for the first time in 12 months. Encouragingly, a slight increase in staff numbers was also reported. Continue reading...


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