Clever, Personable, and Unconventional: A Look at the UK Economy’s Latest PMI Figures Prior 55.2 Manufacturing PMI 46.2 vs 46.8 expected Prior 47.1 Composite PMI 52.8 vs 53.6 expected Prior 54.0 Similar to the euro area, the UK economy also showed signs of slowing towards the end of Q2 but is at least still posting…
The Rise of Anti-Semitism in Germany Introduction The German government’s anti-Semitism commissioner, Felix Klein, has expressed concerns about the growing support for the far-right Alternative for Germany (AfD) party in the east of the country. Klein believes that this rise in support could be linked to an increase in anti-Semitism within the region. Roots of…
Bukimbiri MP Vows to Stamp Out Corruption in Kisoro District Service Commission Hon. Eddie Kwizera Wagahungu, the Bukimbiri County Member of Parliament, has vowed to stamp out corruption within the Kisoro District Service Commission (DSC) after allegations of irregularities in recruitment processes. During his tour of Nyabwishenya, Kirundo, and Nyundo Sub-counties, Hon. Wagahungu expressed his…
Prior 52.5 Manufacturing PMI 45.5 vs 45.4 expected Prior 45.7 Composite PMI 47.3 vs 51.0 expected Prior 51.2 Ouch. That is a painful reading on the services front, falling to a 28-month low and is a big blow to the euro and the ECB’s conviction to tighten further. The manufacturing print is also a 37-month…
Welcome to our Blog! Market Update: Risk-Off Sentiment Drives Equities Lower The selling continues in equities as we are teeing up for more of a risk-off open in Europe today. Tech stocks were the only outlier yesterday but even they are holding lower as we approach the final stretch of the week. As with the…
Moneta Markets: Expanding Globally with a New Seychelles License Moneta Markets Gains Seychelles License CFDs broker Moneta Markets has strengthened its global presence by obtaining an operational license from the Financial Services Authority of Seychelles (FSA). The official press release shared with Finance Magnates detailed that the new license will help the broker in its…
Happy Friday, everyone! Is the Dollar’s Demise Overrated? It seems like every time there is talk of a dollar demise this year, the currency always manages to hold its ground and this week is one of those cases. But is the run up to quarter-end also part of the story here? Well, I’m inclined to…
Jane Fonda Continues to Fight for Climate Change Activism Beverly Hills (United States) – She is 85, has a glittering film career behind her, and recently battled cancer, but Jane Fonda doesn’t intend to slow down her activism on climate change – the “greatest crisis ever to confront humanity” – anytime soon. “My cancer is…
