Italy’s unemployment declines to 11.5 pct in February

Apr 03, 2017 15:33 pm UTC| Commentary

Italys unemployment declined in February to 11.5 percent from a revised 11.8 percent in the previous month, data from the statistical office Istat showed Monday. Data beat analysts expectations for the jobless rate to...

UK manufacturing PMI misses expectations in March, output and new orders lose further impetus

Apr 03, 2017 15:03 pm UTC| Commentary

UKs seasonally adjusted Markit/CIPS Purchasing Managers Index (PMI) slipped to a four-month low of 54.2 in March, down from 54.5 in February. The latest PMI reading stood above its long-run trend of 51.6. The rate of...

Australia retail sales miss expectations, extend recent weakness

Apr 03, 2017 14:44 pm UTC| Commentary

Official figures from the Australian Bureau of Statistics released on Monday showed that Australias headline retail sales fell 0.1 percent month-on-month in February, down from growth of 0.4 percent the previous month....

Downturn in Greece manufacturing sector deepens further in March

Apr 03, 2017 14:05 pm UTC| Commentary

Greece PMI dipping to it second-lowest level in the past year-and-a-half, data from IHS Markit showed on Monday. The downturn was driven by another sharp decrease in new orders, which in turn contributed to a further drop...

Eurozone manufacturing sector activity rises at fastest rate in nearly six years, growth accelerates in Germany, Italy and France

Apr 03, 2017 13:34 pm UTC| Commentary

Eurozone factory growth hits six-year high in March as growth accelerates in Germany, Italy and France. IHS Markits final manufacturing Purchasing Managers Index for the eurozone rose to 56.2 in March, the highest since...

Commodities snapshot (precious & industrial)

Apr 03, 2017 11:42 am UTC| Commentary

The metal pack is downtoday. Performance this week at a glance in chart table - Gold: Gold is consolidating around $1250 area, awaiting the next cue for direction. $1257 area is a key resistance. Todays range...

Commodities snapshot (energy)

Apr 03, 2017 11:29 am UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI cleared the $50 resistance last week. The key test lies around $52 area. Todays range $50.5-50.8 WTI is...