U.K. manufacturing PMI reached 25-month highest level

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Source: Reuters
© Scanpix/Reuters
Activity in the U.K. manufacturing sector surged to 25-month highest level and reached 52.5 points in June. Moreover, the PMI Index for May was upgraded to 51.5 points as well. Economists expect both the manufacturing sector and economy to grow 0.5% in the Q2. The second and third quarters of the year have traditionally represented the biggest economic expansion during the year.
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Mon, 01 Jul 2013 12:08:30 GMT

Korean Won appreciates for fifth day amid China PMI

South Korean Won advanced for the fifth day, continuing the longest period of climbs in two months, as manufacturing in China grew matching the preliminary estimates, fueling optimism about China's economic outlook. The South Korea's currency jumped 0.5% to 1,136.73 against the U.S. Dollar. Chinese Purchasing Managers Index came in at 50.1.

Mon, 01 Jul 2013 10:10:20 GMT

Spanish government securities rise on manufacturing data

Spanish 10-year government securities rose for a fifth consecutive day after better-than-expected manufacturing data release. The report showed an increase from 48.1 in May to 50 last month, whereas 50 is the dividing line between expansion and contraction. Yield on 10-year Spanish bonds decreased 8 basis points to 4.69%, while yield on similar maturity Italian bonds dropped 5 basis points

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