Prime News: Japan Flash Manufacturing PMI Notches 4-Month Peak

Japan Flash Manufacturing PMI Notches 4-Month Peak Japanese manufacturing activity grew in September at its quickest pace in four months as domestic and export orders increased, a preliminary private survey revealed.
The Nikkei-Markit “flash” Japan manufacturing purchasing managers' index increased to a four-month peak of 52.6 in September, higher from 52.2 in August.
The index continues to be above the 50 threshold which separates expansion from contraction from the 13th straight month and hit its highest level since May.
The flash manufacturing output index also hit its strongest growth in four months increasing to 53.5 from 52.2 in August.
The index for new export orders increased to a preliminary 53.1 from 51.3 in the month earlier. The flash index for new orders climbed to 52.5 from 51.9 in August.
New orders and new export orders both increased at a quicker pace than the month earlier as employment continues to grow, but at a moderate speed.
The PMI surveys comes a..

Japan Flash Manufacturing PMI Notches 4-Month Peak

Japan Flash Manufacturing PMI Notches 4-Month Peak

Japanese manufacturing activity grew in September at its quickest pace in four months as domestic and export orders increased, a preliminary private survey revealed.

The Nikkei-Markit “flash” Japan manufacturing purchasing managers' index increased to a four-month peak of 52.6 in September, higher from 52.2 in August.

The index continues to be above the 50 threshold which separates expansion from contraction from the 13th straight month and hit its highest level since May.

The flash manufacturing output index also hit its strongest growth in four months increasing to 53.5 from 52.2 in August.

The index for new export orders increased to a preliminary 53.1 from 51.3 in the month earlier. The flash index for new orders climbed to 52.5 from 51.9 in August.

New orders and new export orders both increased at a quicker pace than the month earlier as employment continues to grow, but at a moderate speed.

The PMI surveys comes after recent government data which showed that Japan's exports in August increased at its quickest in almost four years as a result of strengthening demand from overseas. It provides more evidence that the Japanese economy will continue to expand.

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Real Madrid defender Marcelo faces month on sidelines

Real Madrid could be without defender Marcelo for a month due to a leg injury.
The reigning LaLiga champions confirmed the 29-year-old, who was substituted during Wednesday’s defeat against Real Betis, had suffered a grade two tear in his left bicep femoris muscle.
Real put no timescale on the recovery but reports in the Spanish media claims he could face a month on the sidelines, which would make him a major doubt for his side’s Champions League clash with Tottenham on October 17.
Marcelo medical report. ????#RealMadrid https://t.co/XmXliX93UM
— Real Madrid C.F.???????? (@realmadriden) September 22, 2017
A statement on Real’s website read: “Following tests carried out on Marcelo at the Sanitas La Moraleja University Hospital, he has been diagnosed with a grade two tear in his left bicep femoris muscle. His recovery will be monitored.”
Zinedine Zidane’s side travel to Alaves in LaLiga on Saturday before an away encounter with Borussia Dortmund in the Champions League on Tuesday.
Real c..

Real Madrid could be without defender Marcelo for a month due to a leg injury.

The reigning LaLiga champions confirmed the 29-year-old, who was substituted during Wednesday’s defeat against Real Betis, had suffered a grade two tear in his left bicep femoris muscle.

Real put no timescale on the recovery but reports in the Spanish media claims he could face a month on the sidelines, which would make him a major doubt for his side’s Champions League clash with Tottenham on October 17.

Marcelo medical report. ????#RealMadrid https://t.co/XmXliX93UM

— Real Madrid C.F.???????? (@realmadriden) September 22, 2017

A statement on Real’s website read: “Following tests carried out on Marcelo at the Sanitas La Moraleja University Hospital, he has been diagnosed with a grade two tear in his left bicep femoris muscle. His recovery will be monitored.”

Zinedine Zidane’s side travel to Alaves in LaLiga on Saturday before an away encounter with Borussia Dortmund in the Champions League on Tuesday.

Real could also be without Marcelo for league games at home to Espanyol and away to Getafe.

Source: By PA Sport Staff

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Eurozone Private Sector Growth At 4-Month High

Eurozone Private Sector Growth At 4-Month High Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note.
The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6.
Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. The service sector activity showed the biggest growth since May, while the expansion in manufacturing output was the greatest since April 2011.
The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8.
At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2.
“The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well ..

Eurozone Private Sector Growth At 4-Month High

eurozone private sector growth at 4-month high

Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note.

The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6.

Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. The service sector activity showed the biggest growth since May, while the expansion in manufacturing output was the greatest since April 2011.

The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8.

At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2.

"The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well for a buoyant end to the year," Chris Williamson, chief business economist at IHS Markit, said.

"The rise in business activity and accompanying build-up of price pressures will fuel expectations that the ECB is poised to announce its intention to rein back some of its stimulus, reducing its asset purchases in 2018," Williamson said.

While PMI data will embolden policymakers, as inflation is set to rise only gradually markets are overestimating how soon the European Central Bank will raise interest rates, Stephen Brown, an economist at Capital Economics, said.

Data showed that rates of expansion in France and Germany accelerated to the highest seen for over six years in September.

Germany's composite output index rose unexpectedly for the consecutive second month in September, to 57.8, from 55.8 in August. This was the highest reading since April 2011. The consensus score was 55.7.

The manufacturing PMI climbed to 60.6 in September from 59.3 in August. The expected reading was 59. The sector logged the sharpest monthly improvement in business conditions since April 2011.

Similarly, the services PMI improved to a 6-month high of 55.6 from 53.5 in August. The score was above the expected level of 53.7.

France's composite PMI rose unexpectedly to a 76-month high of 57.2 in September. Economists had forecast the index to drop to 55.0 from 55.2 in August.

Manufacturing production rose to the greatest extent since April 2011. The factory PMI climbed to 56.0 from 55.8 in the previous month. The reading was forecast to drop to 55.5.

The rate of growth in service sector activity accelerated in September and was only marginally weaker than May's near-six-year peak. The corresponding PMI improved to 57.1 from 54.9 a month ago. The expected level was 54.8.

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Ireland Factory Gate Prices Fall For Third Month

Ireland Factory Gate Prices Fall For Third Month Ireland's factory gate prices declined for the third straight month in August, figures from the Central Statistics Office showed Friday.
The manufacturing industries output price index, excluding VAT, fell 2.4 percent year-over-year in August, which was worse than the 1.1 percent decrease in July.
The annual price index for basic pharmaceutical products and pharmaceutical preparations decreased 7.0 percent and those of other manufacturing including medical and dental instruments and supplies slid by 6.0 percent.
At the same time, the price index for mining and quarrying registered a growth of 4.1 percent. Prices of energy products rose notably by 6.3 percent.
On a monthly basis, output prices dropped at a steady rate of 1.1 percent in August, marking its fifth successive decline in row.

Ireland Factory Gate Prices Fall For Third Month

ireland factory gate prices fall for third month

Ireland's factory gate prices declined for the third straight month in August, figures from the Central Statistics Office showed Friday.

The manufacturing industries output price index, excluding VAT, fell 2.4 percent year-over-year in August, which was worse than the 1.1 percent decrease in July.

The annual price index for basic pharmaceutical products and pharmaceutical preparations decreased 7.0 percent and those of other manufacturing including medical and dental instruments and supplies slid by 6.0 percent.

At the same time, the price index for mining and quarrying registered a growth of 4.1 percent. Prices of energy products rose notably by 6.3 percent.

On a monthly basis, output prices dropped at a steady rate of 1.1 percent in August, marking its fifth successive decline in row.

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France's Private Sector Growth At 76-Month High

France's Private Sector Growth At 76-Month High France's private sector expanded the most since May 2011, flash data from IHS Markit showed Friday.
The composite Purchasing Managers' Index rose unexpectedly to a 76-month high of 57.2 in September. Economists had forecast the index to drop to 55.0 from 55.2 in August.
“Encouragingly, private sector growth appears to be broad-based, with similar rates of expansion recorded in both the manufacturing and services sectors,” Alex Gill, an economist at IHS Markit, said.
The manufacturing Purchasing Managers' Index climbed to 56.0 from 55.8 in the previous month. The reading was forecast to drop to 55.5. Manufacturing production rose to the greatest extent since April 2011.
The rate of growth in service sector activity accelerated in September and was only marginally weaker than May's near-six-year peak. The services PMI improved to 57.1 from 54.9 a month ago. The expected level was 54.8.

France's Private Sector Growth At 76-Month High

france's private sector growth at 76-month high

France's private sector expanded the most since May 2011, flash data from IHS Markit showed Friday.

The composite Purchasing Managers' Index rose unexpectedly to a 76-month high of 57.2 in September. Economists had forecast the index to drop to 55.0 from 55.2 in August.

"Encouragingly, private sector growth appears to be broad-based, with similar rates of expansion recorded in both the manufacturing and services sectors," Alex Gill, an economist at IHS Markit, said.

The manufacturing Purchasing Managers' Index climbed to 56.0 from 55.8 in the previous month. The reading was forecast to drop to 55.5. Manufacturing production rose to the greatest extent since April 2011.

The rate of growth in service sector activity accelerated in September and was only marginally weaker than May's near-six-year peak. The services PMI improved to 57.1 from 54.9 a month ago. The expected level was 54.8.

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*U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

*U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

*U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

*u.s. dollar rises to more than 2-month high of 112.72 versus yen

U.S. Dollar Rises To More Than 2-month High Of 112.72 Versus Yen

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Turkey's Consumer Confidence At 6-Month Low

Turkey's Consumer Confidence At 6-Month Low Turkey's consumer confidence weakened to a six month low in September, survey data from the Turkish Statistical Institute showed Thursday.
The consumer confidence index fell to 68.7 in September from 71.1 in August. This was the weakest since March, when the reading was 67.8.
The indicator measuring financial situation expectation of households dropped to 89.6 from 91.9 a month ago. Assessment of general economic situation outlook also worsened in September, with the index easing to 94.7 from 97.9.
The number of people unemployed expectation index slid to 70.5 in September from 72.4 in the previous month. The probability of saving index came in at 20.2 versus 22.4 in the prior month.

Turkey's Consumer Confidence At 6-Month Low

turkey's consumer confidence at 6-month low

Turkey's consumer confidence weakened to a six month low in September, survey data from the Turkish Statistical Institute showed Thursday.

The consumer confidence index fell to 68.7 in September from 71.1 in August. This was the weakest since March, when the reading was 67.8.

The indicator measuring financial situation expectation of households dropped to 89.6 from 91.9 a month ago. Assessment of general economic situation outlook also worsened in September, with the index easing to 94.7 from 97.9.

The number of people unemployed expectation index slid to 70.5 in September from 72.4 in the previous month. The probability of saving index came in at 20.2 versus 22.4 in the prior month.

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