'Companies remain cautious' as eurozone flash PMI eases to two-month low

📆 21/08/2020 6:11 a. m.
📰 MarketWatch

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

IHS Markit flash eurozone composite PMI drops to two-month low

The IHS Markit flash eurozone composite purchasing managers index slipped to a two-month low of 51.6 in August from 54.9 in July. The number, while pointing to improving conditions as it's above 50, nonetheless came in below economist expectations for a 55.3 reading.

"Companies remain cautious when making decisions on employment, again opting to lower staffing levels in August amid a lack of confidence in the strength of the recovery," said Andrew Harker, economics director at IHS Markit. The euro EURUSD, -0.31% slipped 0.2% to $1.1834.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

These companies with strong operating leverage could see big profit upside, Morgan Stanley saysNew for subscribers: These companies with strong operating leverage could see big profit upside, Morgan Stanley says Check out CNBCPro today. Pro
Fuente: CNBC - 🏆 12. / 72 Leer más »