The ISM has published the Service PMI survey. Results were expected to show a reading of 51.3, but the actual number is slightly higher- 51.5. Dollar has a strong move to the upside, and signalling confidence in US economy.
AT 12:15 GMT, Automatic Data Processing, Inc. reported monthly changes in employment, excluding farming industry. Forecasted number was 144 thousand, actual number came in lower-at 99 thousand.
Purchasing Managers Index made by HCOB for the Euro Zone has revealed that the index continues to show a decline in the industry by showing a reading of 45.8.
Reuters has reported that the European Central Bank policymakers were at odds between a potential recession that would require rate cuts and a return of inflation that could be caused by cutting too early.
Reuters has revealed that a group of investors led by Blackstone is set to buy the data centre group named AirTrunk for a total of $13.53 billion.
The decline of German manufacturing has extended in August, as the HCOB final PMI for Germany has declined to 42.4 points in August, compared to 43.2 in July.
Reuters has reported that the CEO of Intel Pat Gelsinger is set to present a plan to get rid of assets and cut costs in an effort to increase margins.
The results of a poll done by Reuters have revealed that market analysts expect the housing market to experience a modest increase of demand, as the US Federal Reserve is set to cut interest rates.
At 13:45 GMT, Bank of Canada has decided that base interest rate will be decreased. Previous base interest rate was 4.50%, new interest rate is lower by 0.25 basis points, as forecasted- 4.25%. CAD reacting with a strong move to the upside.
The US bond market has continued to experience strong demand, as investors buy bonds with fixed rates, before the US Federal Reserve cuts interest rates.
Due to higher output from the US Freeport LNG facility, United States exports have increased in August to 7.48 million metric tons.
General Motors and Lithium Americas have announced that they would delay a major $330 million investment project. The project would invest in the Thacker Pass mines in Nevada.
Analysts estimate that Warren Buffett's fund Berkshire Hathaway has sold of more than $6 billion of Bank of America stock.
Despite upcoming US interest rate cuts, data for August has revealed that investors continue to pile into money markets, preferring the safety of holding cash.
US State Department records have revealed that the arms company RTX has been fined $200 million for violating export laws. Namely, the firm exchanged data and products with a number of prohibited countries, amongst which is China.
Due to continuously growing costs, Campbell Soup Company has announced that it would reduce its annual profit expectations below the Wall Street market consensus numbers.
Nvidia has reported that various national governments have been creating their own AI models and with it have become the company's clients.
For the first time in 15 months, the Japanese government has revealed that it is increasing the country's economic assessment, as consumption of goods has reportedly increased.
The Institute for Supply Management has published the United States Manufacturing Purchasing Managers Index survey results. The results are near the forecast, but still were enough to cause a surge of the US Dollar
The data giant Google is evaluating whether to open a new data centre in the South Asian country of Vietnam. The new data centre would be the first in the country.
Warren Buffett has reported a sale of Bank of America stock that totals $981.9 million. Buffett has been selling off various stocks throughout the past weeks in expectations of market turmoil.
The Swiss Federal Statistics Office has published the Swiss monthly inflation data. Inflation in Switzerland has stalled. The Swiss Franc is reacting to the news by declining.
The US Energy Department has announced that 2023 US clean energy sector job growth has been double, compared to the overall job growth.
The Warren Buffett's Berkshire Hathaway fund has passed $1 trillion in market capitalization, as recent announced decisions by Buffet had boosted buying of the fund's shares.