The latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, highlighted that ongoing uncertainty around the economic outlook continued to impact hiring decisions at the start of the.
Japan s factory activity
shrank for a seventh straight month in December while the
service sector made modest gains, a business survey showed on
Friday, as weak demand and price pressures capped. -December 14, 2023 at 07:30 pm EST
- MarketScreener
Dollar is having a notable rebound in early US trading session, buoyed by comments from New York Fed President John Williams. Speaking on CNBC's "Squawk Box," Williams stated, "we aren't really talking about rate cuts right now," adding that it is "premature" to consider rate cuts as early as March. This assertion by a key Fed official appears to have provided a boost to the Dollar, which had been under pressure in recent times.
Japan's PMI data for December presents a mixed picture of the country's economic The PMI Manufacturing index fell to 47.7 from 48.3, underperforming the market expectation of 48.2 and indicating contraction in the sector. In contrast, PMI Services index rose from 50.8 to 52.0. Consequently, PMI Composite index, moved back into expansion territory, rising from 49.6 to 50.4.