CHINA OUT OF THE RUT AND ONTO ROAD TO ECONOMIC PROGRESS

• China slowly but surely treading the long road to economic recovery.
• The PMI index is above 50 which is a healthy sign for the economy moving from its past figure of 35.7 until February end.

China seems to have covered a lot of ground from its...

For the third time in a row, the UK's final services PMI remains in contraction

The services sector reported a downturn in November, which is the third month in a row without expansion, due to the uncertainty around the forthcoming UK general election and Brexit as a whole. As a norm that reflects contraction, a number below 50 is taken. The Purchasing Manager Index (PMI) fo...