International Economic
US manufacturing sector conditions remain steady in August, ISM says
Conditions in US manufacturing were steady last month helped by growing new orders while price pressures softened again, the results of perhaps the most closely followed survey for the sector showed.
US manufacturing in steepest downturn since 2009 crisis, S&P Global says
US manufacturing sector conditions remained relatively "muted" last month amid a third consecutive decline in new orders while production fell at its steepest rate since June 2020 a closely followed survey showed.
US Layoff announcements fall by 21 per cent in August, Challenger says
Job cut announcements in America continued to run at multi-decade lows last month with some observers' concerns over imminent recession not yet showing up in the data, a leading consultancy said.
US Q2 non-farm productivity revised higher and labour unit costs lower
Estimates of US labour productivity and unit labour costs for the second quarter were revised higher on the back of recent upward revisions to estimates for growth in gross domestic product.
US jobless claims register sharper than expected drop
Jobless claims in the US decreased more than expected yet again in the week ended 27 August, according to the Department of Labor, hitting the lowest level for initial claims since the week ended 25 June.
Bitcoin´s price battles with $20,000 after closing a terrible August
Bitcoin leaves behind a terrible August, where the price of the world's largest digital currency again suffered falls of more than 15%, below the $20,000 mark, and closed with a decline of around 13%, just above this psychological level. Data from the consulting firm Acorn Macro shows that it was the worst performing global asset last month and experts do not believe that September will be any better for the crypto currency.
Euro area unemployment ticks lower in July, possibly emboldening ECB, says Pantheon Macroeconomics
Unemployment in Europe's single currency area slipped in July, possibly emboldening the European Central Bank to focus on inflation, some economists said.
Eurozone manufacturing output contracts further in August
Eurozone manufacturing activity contracted further in August as inflation dented purchasing power, according to a survey released on Thursday.
China factory activity contracts in August - Caixin
Factory activity in China shrank in August as power cuts and Covid-19 curbs impacted production, according to data released on Thursday.