Growth in US jobs slowed sharply in August, diminishing the prospect of another interest rate hike before the end of the yearUK manufacturing growth hits four-month highGreek PM: economy has turned corner with Q2 growthMarkets rise after US jobs dataEurozone factories enjoy strong demand in August 2.55pm BST Production at US factories in August grew at the weakest rate since June 2016 according to the latest manufacturing PMI report from IHS Markit.The headline index slipped to 52.8 in August, from 53.3 in July (where anything above 50 signals growth). Although still above the 50 ‘no change’ level, the decline in the PMI shows signs of a renewed stuttering of the manufacturing economy during August. The latest reading indicates one of the weakest improvements in the overall health of the sector seen over the past year, and translates into disappointing signals for comparable official data. 2.37pm BST The opening bell has been rung on Wall Street and here is how it looks: Continue reading…
Via: US jobs report disappoints as UK manufacturing hits four-month high – as it happened
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