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  • Downward pressure on German business activity eases in January as inflation continues to slow and optimism returns

    From pmi.spglobal.com

    The German services economy returned to growth in January, leaving the country’s overall private sector on a more stable footing at the start of the year, latest ‘flash’ PMI® data from S&P Global showed. Although still historically elevated, rates of inflation meanwhile continued to lose momentum, led by a notable cooling of manufacturing cost pressures as strain on supply chains eased. At the same time, there was renewed optimism among businesses towards the year-ahead outlook and signs of continued resilience in the labour market. The headline S&P Global Flash Germany PMI Composite Output Index came in at ... (full story)

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  • Jan 24, 2023 3:35am Jan 24, 2023 3:35am
  •  hesron
  • Joined Dec 2012 | Status: Member | 1385 Comments
The economic crisis in the EU will be increasingly severe in the future, EU countries will enter the economic recession
All my analysis is based on Wyckoff Methods
 
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  • Jan 24, 2023 3:45am Jan 24, 2023 3:45am
  •  jordanvic
  • | Joined Jul 2020 | Status: Bro | 546 Comments
Quoting hesron
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The economic crisis in the EU will be increasingly severe in the future, EU countries will enter the economic recession
Ignored
Highly likely but the real question is has that been priced in already?
 
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  • Jan 24, 2023 3:58am Jan 24, 2023 3:58am
  •  hesron
  • Joined Dec 2012 | Status: Member | 1385 Comments
Quoting jordanvic
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{quote} Highly likely but the real question is has that been priced in already?
Ignored
as usual the ECB is always late in dealing with crises that will arise .... like the case of Greece, Italy , Spain a few years ago .... Control oil and you control nations; control food and you control people. — Henry Kissinger
All my analysis is based on Wyckoff Methods
 
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    Sharpest drop in UK business activity for two years, but growth expectations rebound during January

    From pmi.spglobal.com|Jan 24, 2023|1 comment

    January data highlighted a sustained downturn in UK private sector business activity. Although only modest, the overall rate of decline accelerated to its fastest for two years. ...

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  • Posted: Jan 24, 2023 3:31am
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     Newsstand
    Category: Low Impact Breaking News
    Comments: 3  /  Views: 2,006
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