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In June, manufacturing confidence in France weakened amid a decline in external demand and weak manufacturing prospects in the country. A report of Insee revealed a decline in the index of industrial relations to 102 points from the May value of 104 points. Economists had not expected changes in the May index value. The indicator, which determines the expectations regarding personal production, amounted to 8 points in June, having decreased from 12 points a month earlier. A general index of production expectations also showed a decline - from 3 to 4 points. The data for June indicated the lowest export order balance since October 2014, which was minus 17 points. The index of general orders also recorded a decline - to minus 12 points from minus 8 points. The composite index of business confidence in France was 106 points in June, maintaining the level of May.
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's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
KYC Policy