Hugh Lawson

3 weeks ago | gurutrade.com | Benoit Van Overstraeten |Hugh Lawson

PARIS, April 3 (Reuters) - France's dominant services sector contracted for the seventh consecutive month in March, marking its weakest quarterly performance since the fourth quarter of 2023, S&P Global reported on Thursday. The HCOB France services PMI rose to 47.9 in March from 45.3 in February, indicating a slowdown in the contraction rate. Readings above 50.0 point to growth. March's flash services PMI stood at of 46.6 points.

3 weeks ago | gurutrade.com | Jonathan Cable |Hugh Lawson

LONDON, April 1 (Reuters) - The euro zone's long-suffering manufacturing industry showed initial signs of a meaningful recovery last month as output rose for the first time in two years, a survey showed on Tuesday, but the upswing could be hurt by U.S. trade tariffs. HCOB's final euro zone manufacturing Purchasing Managers' Index, compiled by S&P Global, bounced to 48.6 in March, just below a preliminary estimate for 48.7 but much closer to the 50 mark separating growth from contraction.

3 weeks ago | gurutrade.com | Sudip Kar-Gupta |Hugh Lawson

PARIS, April 1 (Reuters) - The downturn in French manufacturing eased in March, a survey showed on Tuesday, although the outlook for the sector remains weak due to political uncertainty and weak orders. The HCOB final purchasing managers index (PMI) for the French manufacturing sector, as compiled by S&P Global, stood at 48.5 points in March. That marked a rise from 45.8 points in February and represented its highest level in 26 months.

3 weeks ago | gurutrade.com | Jason Hovet |Hugh Lawson

PRAGUE, April 1 (Reuters) - The contraction in Czech manufacturing eased in March, creeping closer to levels showing stabilisation as falls in output and orders slowed, the S&P Global Purchasing Managers' Index (PMI) showed on Tuesday. Headline PMI rose to 48.3 in March from 47.7 in February, staying below the 50 mark that divides expansion from contraction.

1 month ago | mining.com | Eric Onstad |Hugh Lawson

Intercontinental Exchange plans to launch derivatives in battery metals nickel, cobalt and lithium spodumene in London later this year, an executive said on Tuesday. “Our customer base is looking to us to provide products to hedge. Our role is to make sure there’s a broad product suite,” Chris Rhodes, president of ICE Futures Europe, told the FT Global Commodities Summit in Lausanne, Switzerland.