Germany's manufacturing PMI grows to 54.4 in June

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Source: Investing.com
Markit's flash composite PMI for Germany dropped to 54.1 in June, following May's 54.5 and falling behind the 54.3 market forecast. Meanwhile, the country's flash manufacturing PMI rose to 54.4 from May's 52.1, surpassing the 52.0 forecast, whereas the flash services PMI declined to 53.2 from the previous month's 55.2, missing analysts' expectations of 55.0 points.
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Thu, 23 Jun 2016 13:22:57 GMT

US initial jobless claims drop more than expected

The number of Americans filing for unemployment aid for the first time during the week ended June 18 dropped to 259,000, following the unrevised 277,000 claims seen in the previous seven days and surpassing the 270,000 market forecast, the Department of Labour said on Thursday. This marks 68 consecutive weeks of initial claims below 300,000.

Wed, 22 Jun 2016 16:22:17 GMT

Europe finishes in green on Wednesday

Major stock markets in Europe closed Wednesday's trading session with solid gains, supported by the banking sector. Germany's DAX 30 Index gained 1.22%, finishing at 10,138.20, while Britain's FTSE 100 Index added 1.23%, closing at 6,303.03 points. Meanwhile, France's CAC 40 Index rose 1.00% to 4,411.11, whereas the pan-European Euro Stoxx 50 Index grew 1.06% to 2,998.72 points.

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