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ISM Non-Manufacturing PMI shows robust growth, outperforms forecasts

The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI), a key indicator of the economic health of the non-manufacturing sector, has...

Canada's services PMI shows return to growth in October

By Fergal Smith TORONTO (Reuters) - Canada's services economy expanded for the first time in five months in October as the amount of new business increased and confidence in the...

Services PMI dips slightly, remains in expansion territory

The latest Services Purchasing Managers' Index (PMI) data released by Markit Economics has registered a slight decline. The actual number for the index stood at 55.0, reflecting a...

Brazil continues high-level talks on spending control measures

BRASILIA (Reuters) - Brazil's government continued high-level discussions on Tuesday towards the announcement of anticipated spending control measures seen as crucial for...

U.S. trade deficit expands, surpassing both forecasts and previous figures

The United States' trade balance has taken a further hit, with the latest data revealing a deeper deficit than anticipated. The actual figure for the trade balance, which measures...

Italy unlikely to reach its 2024-2025 GDP goals, Bank of Italy and budget watchdog say

ROME (Reuters) -The Italian government's growth targets for 2024 and 2025 now look hard to achieve, the country's central bank and budget watchdog UPB said on Tuesday. The...

Global central bank easing cycle grinds along in October

By Karin Strohecker and Sumanta Sen LONDON (Reuters) - The global monetary easing cycle ground along in October, with central banks across developed and emerging economies...

Romanian macroeconomic indicators and interest rate forecasts: Reuters poll

BUCHAREST (Reuters) - The median forecast of a Reuters poll of analysts puts Romanian inflation at 4.4% year-on-year at the end of October, down from September's 4.62%. Analysts...

Bank of Spain says lower rates to have limited impact on banks' profitability

MADRID (Reuters) - The negative effect of lower interest rates on Spanish banks' profitability should be limited and at least partly offset by rising loan volumes, the Bank of...

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept. 17-18 meeting that Chair Jerome Powell said was meant to show policymakers'...

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