Above-the-expectation results for the private sector in France

Above-the-expectation results for the private sector in France

By: Oliver Miller | Where To Trade | On:Wednesday, November 23, 2016
Back

The private sector output growth in France remained solid in the month of November, comforting this way the anxiety over the economic perspective for the euro zone's second largest economy, according to data released on Wednesday morning.

At the first reading of the Markit services purchasing manager's index, the results were higher this month compared to October. The results in October were 51.4 and in November the results were 52.6.

This was the highest readings in the last two months, and it was far better than economist's expectations, that were hoping for an upward trend of 51.8.

This results indicate that there's an expansion in the industry, while a below 50.0 reading would indicate a contraction in the industry.

Alex Gill, economist at survey compiler Markit, declared that “The latest figures point to a further solid rate of growth in the French private sector. ".paris night

He added that "The health of the goods-producing sector was more precarious, with manufacturing output increasing at a more subdued rate amid a further stagnation in new orders" , indicating France has other sectors that need to grow.

Before the data being released, the EUR/USD pair had a session of 1.0621.

Oliver Miller

Oliver Miller

"Patience is the key for success"

Oliver Miller is one of the best financial analyst with 18 years of online trading experience

Citigroup Inc. is to pay $25 million amends

Citigroup Inc. is to pay $25 million amends

By: Simon Furman | Where To Trade | On:Thursday, 19 January, 2017

Citigroup accepted to pay the amends without denying the accusation

Netflix added 7.1 million new subscribers

Netflix added 7.1 million new subscribers

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected

Oil prices increased on Thursday

Oil prices increased on Thursday

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

In recent trading session the oil prices went at their lowest point

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

By: Darryl Frankfort | Where To Trade | On:Thursday, 19 January, 2017

 On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy

Gold prices tumbled on Thursday, during the European morning trade

Gold prices tumbled on Thursday, during the European morning trade

By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

The gold prices dropped below $1.200

StockPair

Press Release

YesOption Voted Best Technical Analysis by DailyForex

YesOption Voted Best Technical Analysis by DailyForex

August 12, 2014 - London, UK, - Leading online forex and binary options trading platform - www.yesoption.com has once again made the news by being awarded the prestigious award of ‘Best Technical Analysis of 2014’ ...
24option binary options broker review

24option binary options broker review

Plus500Findings.com is recently launched online to help traders decide which broker they could open an account. 24Option, one of the popular trading platform online is reviewed whether it is legitimate broker or scam. This reviews and findings are of great benefits for traders, especially for those novice ones, who are just starting in the trading industry. ...
Banc De Binary Expands Investment Research Service

Banc De Binary Expands Investment Research Service

Leading Investment Firm, Banc De Binary, which specializes in binary options trading, has added a new weekly video series and trading webinars to the investment research service that it provides to its clients. ...

Articles

Citigroup Inc. is to pay $25 million amends

Citigroup Inc. is to pay $25 million amends

Citigroup accepted to pay the amends without denying the accusation ...
Netflix added 7.1 million new subscribers

Netflix added 7.1 million new subscribers

Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected ...
The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy ...
StockPair

Featured Listings