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US Mortgage Market Takes Dramatic Turn as MBA Purchase Index Plummets
In a surprising shift, the Mortgage Bankers Association (MBA) Purchase Index in the United States has experienced a dramatic downturn, with the latest figures showing a significant drop from 146.6......
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French Service Sector PMI Slips, Signaling Continued Economic Challenge
In a turn that underscores the ongoing hurdles faced by France's service sector, the latest HCOB France Services Purchasing Managers' Index (PMI) saw a dip to 47.3 in April, down......
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France's HCOB Composite PMI Indicates Continued Contraction in April
France's economy is showing signs of persistent contraction as the HCOB France Composite Purchasing Managers' Index (PMI) for April 2025 recorded a slight decrease, dropping from 48.0 in the previous......
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Italy's Services Sector Grows Steadily as PMI Rises to 52.9
In a positive development for Italy's economy, the HCOB Italy Services Purchasing Managers' Index (PMI) rose to 52.9 in April, up from 52.0 in March. This growth indicates a steady......
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Italy's Economy Strengthens as Composite PMI Rises in April
In a positive turn for the Italian economy, the HCOB Italy Composite Purchasing Managers' Index (PMI) showcased substantial growth in April 2025, rising to 52.1, up from 50.5 recorded......
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TTF Prices Rise for 3rd Session
European natural gas futures have surged past €33 per megawatt-hour, continuing their upward trajectory for the third consecutive session. This increase is attributed to a rise in global LNG demand......
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European Stocks Edge Up, Earnings in Focus
European stocks experienced modest gains on Tuesday, with the STOXX 50 and STOXX 600 each rising by 0.1%. Investors were primarily focused on corporate earnings, while also anticipating significant developments......
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China Stocks Gain on US-China Trade Optimism
The Shanghai Composite Index saw a significant rise of 1.13%, ending at 3,316, while the Shenzhen Component Index soared by 1.84% to reach 10,082 in Tuesday's post-holiday session. The rally......
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South Africa Private Sector Stabilizes in April
In April 2025, the S&P Global South Africa PMI increased to 50.0, up from 48.3 in March, marking a stabilization after experiencing four months of contraction. This improvement was primarily......
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South Africa's Manufacturing Sector Returns to Growth as PMI Hits 50.0
For the first time since February, South Africa's manufacturing sector shows signs of expansion. According to the latest S&P Global Manufacturing PMI data released on May 6, 2025, the index......