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Business Surveys

All articles tagged with #business surveys

finance3 years ago•0 min saved

"China and Eurozone Business Surveys Weigh on Global Stocks"

Global stocks experienced a decline as China and eurozone business surveys showed muted growth, raising concerns about the global economic recovery. The surveys indicated that manufacturing and services activity in both regions expanded at a slower pace than expected, leading to increased market volatility. Investors are closely monitoring these indicators for signs of economic strength or weakness amid ongoing uncertainties surrounding the COVID-19 pandemic.

via Financial Times|

#business-surveys #china #eurozone

finance3 years ago•3 min saved

Dollar surges as Fed hawks return.

Despite concerns over the debt ceiling and banking anxiety, the US economy is holding up well, leading to a resurgence of Federal Reserve hawks. Business surveys from Europe and Japan show brisk services-led growth, and the US equivalent is due later on Tuesday. Although there is some appetite among Fed officials for a pause in the rate hike cycle next month, some officials are arguing for even tighter monetary policy to ensure inflation eventually returns to target. This has led to markets scaling back expectations for Fed rate cuts later this year, reigniting the dollar.

via Reuters|

#business-surveys #dollar #federal-reserve