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A survey conducted by the Confederation of British Industry, pointed to an increase in the number of manufacturing orders in the UK in February. The indicator was plus 6 points, rising from January value to minus 1 point. The forecast of economists suggested an increase in orders to minus 3 points. Survey participants expect stable output even after the UK’s withdrawal from the EU. Thus, the picture in the manufacturing sector of the UK, despite the fact that there are fewer and fewer days left before Brexit, is quite positive. In February, there is also an acceleration in the growth of export orders, contrary to forecasts.
Asian shares fell on Thursday as the U.S.-China tensions overshadowed hopes for more economic stimulus after Washington ordered the closure of Beijing’s consulate in Houston amid spying allegations. China called the order an “unprecedented ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
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 ...
The longest expansion in U.S. history ended in February with the economy falling into a deep recession as the coronavirus pandemic triggered the shutdown of businesses across the country. The National Bureau of Economic Research (NBER), the ...
Europe's biggest travel company TUI Group (TUIT.L) stated on Wednesday that it has agreed for a compensation package with aircraft maker Boeing Co. (BA.N) to shield its finances from the impact of the coronavirus pandemic. The deal includes ...
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