UK’s PMI Manufacturing was finalized at 49.9 for October, down from September’s 51.5, marking the first contraction since April. Rob Dobson, Director at S&P Global Market Intelligence, noted that the sector has entered Q4 on an “uncertain footing,” as businesses adopt a wait-and-see approach amid policy speculation leading up to the recent Budget. This cautious […]
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While Southwest Airlines (LUV) has been flying since 1971, the Dallas carrier only recently introduced redeye flights. That decision came down both to an old-school reservations system that did not allow for flights that took off Read more…
Non-farm employment rose a meager 12k in October, well below the consensus forecast calling for a gain of 100k. Job gains over the two prior months were revised lower by 112k. The Bureau of Labor Read more…
Dollar saw broad-based weakness in early US session following a much weaker-than-expected non-farm payroll report. Headline job growth came in well below forecasts, though market reaction remains tempered, as the data is widely believed to Read more…