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Wednesday, February 1, 2017

Markets rally after solid manufacturing data – business live

All the day’s economic and financial news, including new factory reports from Asia, Europe and the US * Introduction: Manufacturing data, currency rows, Greek deadlock * Japan and China post solid factory data 8.22am GMT IRELAND’S FACTORIES HAVE REPORTED THE FASTEST RISE IN MANUFACTURING OUTPUT FOR 18 MONTHS. 8.19am GMT RUSSIAN FACTORIES HAVE GROWN AT THEIR FASTEST PACE IN 70 MONTHS, SAYS MARKIT, THANKS TO A BOOST IN NEW ORDERS. “Russian manufacturers carried the momentum they built up during the closing stages of 2016 through to the new year, as firms recorded the sharpest improvement in operating conditions for nearly six years. “The sector continues to go from strength to strength, supported by robust demand for goods from domestic clients. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com