Tag Archives: World economy

Hope for vaccines and US data on the agenda

European shares traded higher on Thursday when world markets received a boost from news about the development of a possible coronavirus vaccine. The pan-European Stoxx 600 rose 1.3% mid-morning, with banks up 4% to lead gains as all sectors and major markets entered positive territory. European stocks are tracking global …

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Caixin / IHS Markit June 2020 Manufacturing PMI

The results of a private survey released on Wednesday showed that China’s manufacturing activity expanded and exceeded expectations in June, reaching its highest level since December 2019. The Caixin / Markit Manufacturing Purchasing Manager ratio reached 51.2. Economists polled by Reuters had expected 50.5, compared to 50.7 in May. PMI …

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