US non-manufacturing PMI declined to 22-month low

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Source: Forexpros

Activity of the service sector in the US deceased in November falling to the lowest level in the last 22 months, according to industry data. Non-manufacturing purchasing manager's index lost 0.9 points to 52.0 in November, reported the Institute of Supply Management. Meanwhile, analysts expected the indicator to increase by 0.5 points to 53.4.

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Tue, 06 Dec 2011 06:56:19 GMT

Copper futures sinks on China demand worries

Copper futures declined slightly on the increasing worries across lower PMI in China, the world largest consumer. China's HSBC services purchasing managers' index indicated that services sector activity declined to three-month low to 52.5 last month from 54.1 in October. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery were traded at USD3.582 a pound at the early European

Mon, 05 Dec 2011 17:05:17 GMT

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