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Top related persons:
Adrian Prettejohn - 4 Jonathan Cable - 3 Henry Nicholls - 2 Martin Beck - 2 Duncan Wrigley - 2 Tomasz Janowski - 2 Dado Ruvic - 1 Tina Teng - 1
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Thomson - 4 REUTERS - 3 Bank of Japan - 3 PMI - 3 P Global - 3 Capital Economics - 3 European Central Bank - 2 European Union - 2

Search resuls for: "Adrian Prettejohn"


4 mentions found


☆ Dollar extends drop, still vulnerable after Fed
  + stars: | 2023-11-06 | by ( Samuel Indyk | ) www.reuters.com   time to read: +4 min
The dollar index was hovering around a 6-1/2 week low of 104.84, after falling around 1.4% last week. "You could still see a somewhat weaker dollar in the short-term, but if the (euro-dollar) rally continues it needs to get some fuel from somewhere." JPMorgan analysts say a sustained dollar sell-off would need signs of improvement in the euro zone, China and other regions, which it says are "still tenuous". The latest growth and inflation data from the euro zone and manufacturing surveys from China bear that out. Euro zone recession fears hardened on Monday after a survey showed a downturn in business activity accelerated last month as demand in the services sector weakened further.
Persons: Dado Ruvic, Tina Teng, Dane Cekov, Adrian Prettejohn, Jerome Powell, Nordea's Cekov, Sterling, bitcoin, Samuel Indyk, Rae Wee, Vidya, Kirsten Donovan, Mark Potter Organizations: REUTERS, U.S, Federal, Aussie, CMC Markets, JPMorgan, Economics, European Central Bank, Bank of Japan, Thomson Locations: Auckland, China, U.S
☆ Euro zone recession fears harden
  + stars: | 2023-11-06 | by ( Jonathan Cable | ) www.reuters.com   time to read: +3 min
LONDON, Nov 6 (Reuters) - The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting there is a growing chance of a recession in the 20-country currency union. The economy contracted 0.1% in the third quarter, official data has shown, and Monday's final Composite Purchasing Managers' Index (PMI) for October indicated the bloc entered the final quarter of 2023 on the back foot. Services activity in Germany, Europe's largest economy, slipped back into contraction in October amid persistent weakness in demand while in France it shrank again. In another bright spot, investor morale in the euro zone rose more than expected at the start of November, with expectations for the future at their rosiest since early this year, Sentix's index showed on Monday. Policymakers there, who have failed to get inflation to target, will likely take some cheer from easing price pressures shown in the PMI survey, as both the input and output prices indexes fell from their September readings.
Persons: Adrian Prettejohn, Jonathan Cable, Hugh Lawson, Toby Chopra Organizations: PMI, P Global, Capital Economics, European Central Bank, Thomson Locations: September's, COVID, Germany, Europe's, France, Spain
☆ Global business activity showed signs of slowdown in August -PMIs
  + stars: | 2023-09-05 | by ( Jonathan Cable | ) www.reuters.com   time to read: +4 min
Germany's services sector contracted for the first time this year and France's shrank more than first estimated. Japan proved an outlier as service sector activity expanded there at its quickest pace in three months, underpinned by robust consumer spending as inbound tourism regained momentum. "August's services PMI pointed to a contraction in UK private sector activity. ASIAN PAINChina's Caixin/S&P Global services PMI dropped to 51.8 in August from 54.1 in July, the lowest reading since December when COVID-19 confined many consumers to their homes. The data broadly aligned with the official services PMI released last week, which showed the sector continued to trend downwards.
Persons: Henry Nicholls, Adrian Prettejohn, Martin Beck, Duncan Wrigley, Jonathan Cable, Tomasz Janowski Organizations: REUTERS, European Union, RBC, P Global, Capital Economics, PMI, Bank of Japan, Pantheon, Thomson Locations: London, Britain, India, Japan, Asia, July's, Germany, France, Italy, Spain, COVID
☆ GLOBAL ECONOMY Global business activity showed signs of slowdown in August -PMIs
  + stars: | 2023-09-05 | by ( Jonathan Cable | ) www.reuters.com   time to read: +4 min
Germany's services sector contracted for the first time this year and France's shrank more than first estimated. Japan proved an outlier as service sector activity expanded there at its quickest pace in three months, underpinned by robust consumer spending as inbound tourism regained momentum. "August's services PMI pointed to a contraction in UK private sector activity. ASIAN PAINChina's Caixin/S&P Global services PMI dropped to 51.8 in August from 54.1 in July, the lowest reading since December when COVID-19 confined many consumers to their homes. The data broadly aligned with the official services PMI released last week, which showed the sector continued to trend downwards.
Persons: Henry Nicholls, Adrian Prettejohn, Martin Beck, Duncan Wrigley, Jonathan Cable, Tomasz Janowski Organizations: REUTERS, European Union, RBC, P Global, Capital Economics, PMI, Bank of Japan, Pantheon, Thomson Locations: London, Britain, India, Japan, Asia, July's, Germany, France, Italy, Spain, COVID
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