German S&P Global Services PMI Final (Jun) 48.6 vs. Exp. 46.8 (Prev. 48.1, Low. 46.8, High. 48.1)
Newsquawk Staff ·
- “Encouragingly, cost pressures subsided considerably across the service sector in June, helped by the reduced price of fuel."
- “On the labour market front, whilst services firms have slowed the pace of job losses, a steep and accelerated reduction in backlogs of work points to low capacity pressures in the sector and suggests there will be little appetite for hiring in the coming months."
Sources
- [MARKET ANALYSIS] European bourses broadly lower; Volvo Cars trades at its lowest ever following dire results
- [MARKET ANALYSIS] OAT-Bund 10yr yield spread hits another multi-year wide, Moody's looms
- European S&P Global Composite PMI Flash (Oct) 51.9 vs. Exp. 52.7 (Prev. 53.1)
- Newsquawk Daily European Opening News - 23rd October 2026
- [MARKET ANALYSIS] Asia-Pac stocks are mostly lower following the tech rout and flight-to quality stateside
Related headlines
- UK S&P Global Services PMI Flash (Oct) 53.1 vs. Exp. 51.8 (Prev. 52.1)3 hours ago
- UK S&P Global Composite PMI Flash (Oct) 53.1 vs. Exp. 51.8 (Prev. 52.0)3 hours ago
- [MARKET ANALYSIS] DXY is a touch firmer, Kiwi gains whilst the JPY digests further BoJ source reports3 hours ago
- European S&P Global Services PMI Flash (Oct) 51.7 vs. Exp. 52.5 (Prev. 53.0)3 hours ago
- German S&P Global Services PMI Flash (Oct) 51.7 vs. Exp. 52.5 (Prev. 52.9)4 hours ago
- German S&P Global Manufacturing PMI Flash (Oct) 54.2 vs. Exp. 53.5 (Prev. 53.9)4 hours ago
- German S&P Global Composite PMI Flash (Oct) 52.8 vs. Exp. 53.3 (Prev. 53.8)4 hours ago
- French S&P Global Composite PMI Flash (Oct) 48.4 vs. Exp. 50.5 (Prev. 51.1)4 hours ago
- Ukraine energy company DTEK says a Russian attack hit one of its power stations6 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Telecom and Chow Tai fook10 hours ago
- American Express (AXP) Q3 2026 (USD): EPS 5.42 (exp. 4.50), Revenue 20.1bln (exp. 20.1bln)33 min ago
- Munich Re (MUV2 GY) Q3 2026 (EUR): Net Income 1.7bln (exp. 1.48bln); raises 2026 Net Profit Outlook to 6.6bln (prev. guided 6.3bln)38 min ago
- Anthropic and Hg have agreed to form an independent consultancy Co. targeting corporate clients, FT reports citing sources2 hours ago
- [MARKET ANALYSIS] Crude benchmarks edge higher as the geopolitical environment remains tense2 hours ago
- UK S&P Global Manufacturing PMI Flash (Oct) 52.8 vs. Exp. 51.7 (Prev. 51.9)3 hours ago