GBP / USD has seen a sharp reversal below 1.3300 in recent trading amid a resurgence in the US dollar due to strong PMI data. If anything, GBP / USD remains the best performing major USD pair on the day, fueled by Brexit hopes and the incoming end of the national lockdown. The cross achieved […]
Tag: SMEs
UK preliminary services PMI falls to 45.8 in November, manufacturing indicator improves to 55.2; GBP / USD remains at highs
The index Preliminary UK services PMI has fallen into contraction territory in November, standing at 45.8 from October 51.4. The result is the worst in six months, but improves expectations to 42.5. The Manufacturing PMI preliminary has risen one point and a half in November, amounting to 55.2, its highest level since August, also improving […]
EUR / GBP falls to two-week lows below the 0.8900 level
EUR / GBP is witnessing strong selling for the second day in a row on Monday. The British pound receives a strong boost following the release of the optimistic UK PMI. A modest rally in the common currency could help limit losses, at least for now. A sudden rally in the British pound has dragged […]
EUR / USD extends consolidation below 1.1900 level after PMI data
EUR / USD regains lost ground on Friday and returns to the 1.1870 region. Positive news about a coronavirus vaccine increases investors’ appetite for risk. Preliminary PMI manufacturing indices for the eurozone and Germany surprised to the upside. The common currency starts the week with a positive tone and pushes the pair EUR/USD back to […]
Preliminary manufacturing PMI stands at 53.6 points in November – EUR / USD clings to gains
The Eurozone’s primary manufacturing PMI reached 53.6 in November compared to the 53.1 expected. The region’s services PMI falls to 41.3 in November from the expected 42.5. According to the IHS / Markit preliminary report, business activity in the eurozone fell sharply in November when countries introduced more aggressive measures. In fact, the purchasing managers […]
Preliminary manufacturing PMI falls to 57.9 points in November from 56.5 expected
The German manufacturing PMI reaches 57.9 in November compared to the expected 56.5. Germany’s services PMI falls to 46.2 in November from 46.3 forecast. According to the preliminary IHS / Markit manufacturing activity report, released Monday, the preliminary figure for the German manufacturing PMI fell to 57.9 points in November. The figure is even better […]
Pedro Sánchez announces 10,001 places for healthcare professionals and new measures for the self-employed and SMEs
More places for healthcare professionals -10,001- in a forthcoming selection process, on March 27, 2021, so that they can be incorporated as soon as possible, with more anticipation than the usual deadlines. From doctors, infirmary or pharmacy. The President of the Government, Pedro Sanchez has advanced it this morning in Pamplona, ​​in a visit to […]
Services PMI Expands to Best Level Since 2015
The Markit Services PMI Index for the United States showed a rise of more than two points in October, rising to 56.9 from 54.6 in September and improving the 56 expected by the market. The October result is the best seen by the indicator since April 2015. According to the Markit statement, stronger demand conditions […]
Caixin’s PMI for services rises to 56.8 in October, marking six months of expansion
Indicator China’s Caixin services PMI rose in October two points, rising to 56.8 points from 54.8 in September. October reading marks six consecutive months of expansion in the sector, and obtained the best result since last June, when it reached 58.4. According to the statement, business activity is expanding at the second steepest rate since […]
Controversy with Amazon after asking the mayor of Paris not to buy on the platform: “It is the death of small businesses”
Amazon has always been seen as a competition for traditional physical commerce, even as an enemy, considering that monopolizes customers of physical stores. However, during the months of confinement, non-essential businesses that were unable to open their establishments and did not have their own online store, could, for example, sell on the Internet through platforms […]