Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Eurozone business activity index unchanged in January


January, 24 2020
watermark Economic news

According to preliminary data from the Markit Economics Research Organization, the composite index of business activity in industry and services (PMI) of 19 Eurozone countries in January remained at the mark 50.9 points. The indicator coincided with the data for December and turned out to be worse than analysts' forecasts (growth to 51.2 points).


Despite the decline, the indicator remains slightly above level 50, which separates the expansion from the reduction.


IHS Markit Associate Director Andrew Harker said that recent data suggests that the eurozone economy again failed to capture an increase in growth. The manufacturing PMI was 47.8 and has remained below 50 for the 12-th consecutive month, although it has grown compared with 46.3 in December and well above the 46.8 forecast.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.