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UK service economy returns to growth in March, spurred by sharp rise in new orders ahead of lockdown easing
UK service providers reported a strong rebound in business conditions during March, with activity, new orders and employment all picking up since the previous month. Renewed job creation in March represented the first overall expansion of staffing numbers across the service sector since the start of the coronavirus disease 2019 (COVID-19) pandemic. The forthcoming easing of government stringency measures also contributed to another improvement in business expectations for the year ahead. Around 66% of the survey panel forecast an increase in activity over this period, while only 8% predict a fall. This signalled the ... (full story)
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From @LiveSquawk|Apr 7, 2021tweet at 4:03am: ECB’s Knot: If ECB Baseline Forecasts Hold Up, ECB Can Start Phasing Out PEPP From Q3, End Purchases In March 2022 Short-Term Growth Risks Have Risen But There Is Good Reason To Expect Robust Recovery In H2 tweet at 4:03am: ECB’s Knot: There Are Clearly Upside Risks For Growth In Second Half Outlook Beyond Short Term Hasn't Changed, Economy Showing Resilience Comfortable With Current Level Of Financing Conditions tweet at 4:03am: ECB’s Knot: Comfortable With Nominal Yield Rise If Driven By Better Inflation And Growth Prospects Can Flexibly Adjust PEPP Volumes Even Within The Quarter, If Appropriate tweet at 4:03am: ECB’s Knot: End Of PEPP Not End Of ECB Accommodation, Sees No Case For Modifying Other Instruments Like App Or Forward Guidance
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From canadianminingjournal.com|Apr 7, 2021A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX, NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become ...
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From markiteconomics.com|Apr 7, 2021|1 commentLatest PMI® showed a rise in business activity across the German service sector for the first time in six months in March, helped by the easing of lockdown measures and recovering ...
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From cftc.gov|Apr 7, 2021The Commodity Futures Trading Commission today issued a Customer Advisory strongly encouraging the public to research and understand the commodity futures markets, physical ...
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From @FinancialJuice|Apr 7, 2021tweet at 5:12am: THE G20 FINANCIAL LEADERS PLAN TO SEEK A CONSENSUS BY MID-YEAR ON GLOBAL GUIDELINES FOR TAXING MULTINATIONAL FIRMS, PARTICULARLY BIG DIGITAL COMPANIES. tweet at 5:13am: G20 FINANCIAL LEADERS: WE WANT EXCHANGE RATES TO REPRESENT UNDERLYING ECONOMIC FUNDAMENTALS AND UNDERSTAND THAT EXCHANGE RATE STABILITY WILL HELP OUR ECONOMIES ADAPT - DRAFT tweet at 5:15am: G20: VACCINATION SHOULD BE A GLOBAL PUBLIC BENEFIT - DRAFT tweet at 5:17am: G20 FINANCIAL LEADERS: WE HAVE CALLED ON PRIVATE STAKEHOLDERS TO COOPERATE WITH GOVERNMENTS IN THE DEBT SERVICING SUSPENSION PROGRAMME - DRAFT tweet at 5:18am: G20 FINANCIAL LEADERS: WE HAVE DECIDED TO CONTINUE THE DEBT SERVICE SUSPENSION INITIATIVE FOR A FURTHER SIX MONTHS, UNTIL THE END OF 2021.
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From @DeItaone|Apr 7, 2021|4 commentstweet at 5:30am: *Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid *Kaplan: Unsure When Fed Will Be Able to Pare Back Support *Kaplan: Upbeat About Outlook, Sees 6.5% GDP Growth, 4% Unemployment This Year tweet at 5:31am: *Kaplan: Raising Rates Off Near Zero Doesn't Necessarily Mean Tighter Monetary Policy
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- Posted: Apr 7, 2021 4:32am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 496
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