Articles by TeleTrade. Market news

Markit Economics released services purchasing managers’ index (PMI) for Spain on Wednesday. Spain’s services purchasing managers’ index (PMI) fell to 54.6 in January from 55.1 in December. It was the lowest level since December 2014 New business and e…

Read More

Markit/ADACI’s services purchasing managers’ index (PMI) for Italy dropped to 53.6 in January from 55.3 in December. A reading above 50 indicates expansion in the sector. The index was driven by a slower growth in new business and job creation. “The…

Read More

Markit Economics released final services purchasing managers’ index (PMI) for the U.S. on Wednesday. Final U.S. services purchasing managers’ index (PMI) fell to 53.2 in January from 54.3 in December, down from the preliminary reading of 53.7. It was t…

Read More