According to the October survey, business views on the current business environment and outlook improved, lifting the headline Index. Business Expectations Align with October’s Composite PMI The Composite PMI survey…
Tag: trading the news
U.S. Durable Goods Orders Fall 0.8% in September, Surpassing Forecasted Decline
These figures suggest that sectors like automotive and aerospace, which make up a significant portion of transportation equipment, have been particularly vulnerable recently. However, stable growth in other durable goods…
Tesla Delivers Margin Strength, IBM’s AI Push Powers Profit Growth
Daily International Business Machines Corp (IBM)International Business Machines (IBM) also beat earnings expectations, reporting $2.30 per share in adjusted earnings, compared to the anticipated $2.23. The company’s performance was driven…
IMF Predicts Flat Global Growth for 2024; Upgrades U.S., Cuts China and Eurozone
Mixed Forecasts for Other Major Economies Brazil’s growth forecast saw a significant upgrade, increasing by 0.9 percentage points to 3.0% for 2024, thanks to robust private consumption and investment. In…