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The confidence index in the manufacturing industry in France amounted to 105 points in November, up from 104 points in the previous month, statistical office Insee reported. In the previous two months, there was a decrease in the indicator, which, however, remained above its long-term value of 100 points. Experts had not expected changes in the October index value. In November, French manufacturing enterprises improved their past and future production estimates. Whereas a month earlier, this figure dropped significantly. However, their optimism about the prospects for the sector weakened.
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
China saw its factory gate data for June perform better than expected on Thursday morning. However, persistent deflation indicated that the impact from the COVID-19 pandemic still continues to linger. The data, released by the National Bureau ...
The French economy is emerging from the inactivity brought by the coronavirus outbreak as fast or faster than what was predicted a month earlier, Bank of France Governor Francois Villeroy de Galhau said on Sunday. Last month, the Bank of France ...
The dollar firmed against the Japanese yen on Wednesday ahead of the release of U.S. manufacturing data expected to show a recovery from the pandemic. The euro traded in a narrow range as traders waited for data on Germany’s manufacturing ...
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