Activity - Последние новости [ Фото в новостях ] | |
Эмитент Blu Zenith Designated Activity разместил еврооблигации на сумму USD 150.0 млн со сроком погашения в 2023 году и ставкой купона 4.5%. Бумаги были проданы по цене 100% от номинала. Организатор: CICC, HSBC, Jefferies, Standard Chartered Bank. ru.cbonds.info »
Эмитент Blu Zenith Designated Activity разместил еврооблигации на сумму USD 150.0 млн со сроком погашения в 2021 году и ставкой купона 3.5%. Бумаги были проданы по цене 100% от номинала. Организатор: HSBC, Jefferies, Standard Chartered Bank, CICC. ru.cbonds.info »
An indicator of Eurozone's private sector activity improved more than expected in May, renewing hopes that the economy is inching towards a recovery. Nonetheless, the indicator remained in negative territory, signaling sharp deterioration in overall business activity.
The composite output index, which measures the performance of the both manufacturing and service sectors, rose to a three-month high of 47.7 in May from 46.9 in April, flash results of a survey by Markit Economics showed Thursday.
Readings below 50 indicates contraction in activity. Economists had predicted an increase in the index to 47.2.
New orders across the private sector fell sharply again in May and for the twenty-second successive month. The rate of decline was unchanged from that seen in April, Markit said.
The modest improvement in May raises hopes that overall Eurozone economic activity is inching towards stabilization, said Howard Archer, Chief European and UK Economist at IHS Global Insight.
"It is worrying to see that the decline in new orders was unchanged at a significant level in May, so a seventh successive quarter of Eurozone GDP decline, albeit modest, remains very possible in the second quarter," Archer said.
The purchasing managers' index, a gauge of activity in the manufacturing sector, rose to 47.8 from April's score of 46.7. This was forecast to rise to 47. The manufacturing output index rose to a four-month high of 48.2 from 46.5 in April.
The services activity index edged up to 47.5 in May from 47 in the previous month, while expectations were for a modest increase to 47.2.
Eurozone's economic downturn eased in the first quarter with the gross domestic product falling at a slower pace of 0.2 percent quarter-on-quarter.
In May, the European Commission cut its economic forecast for euro area and said the economy will contract 0.4 percent in 2013. The economy is expected to start recovering from its record-long recession in 2014.
"May's euro-zone PMI survey adds to the recent run of slightly more encouraging news from the region, but there is little sign that the region is about to emerge from recession," said Ben May, an economist at Capital Economics.
Earlier in the month, the European Central Bank reduced the main refinancing rate by 25 basis points to a record low 0.50 percent to support the economy. ECB Chief Mario Draghi has said that the monetary policy will remain accommodative "as long as needed."
Markit said that the employment at Eurozone's private sector firms fell for the seventeenth consecutive month, with the rate of job losses rising to the highest since February.
The survey found strong divergences between the region's two largest economies. Business activity declined for a second successive month in Germany, but the downturn was only very marginal. Meanwhile, a steep rate of decline in French activity was reported in May.
German private sector contracted at the fastest pace in six months in April, ending a four-month period of expansion, preliminary results of a survey by Markit Economics showed Tuesday.
The flash composite output index, that gauges activity in both manufacturing and services, fell to 48.8 in April from 50.6 in March. Readings above 50 indicate expansion of the sector while readings below 50 suggest contraction.
The manufacturing purchasing managers' index fell to a four-month low of 47.9 from 49 in March, suggesting further worsening of operating conditions across the factory sector. The manufacturing output index fell to a four-month low of 47.9 from 50 in March.
The services activity index fell to a six-month low of 49.2 in April from 50.9 in March.
Lower levels of private sector business activity reflected a decrease in new order volumes for the second successive month during April, Markit said.
The overall pace of contraction in new orders was the steepest since October 2012, largely driven by a marked decrease in new work received by service providers. Manufacturing new orders dropped at the fastest pace so far this year, the survey report said.
French business sentiment improved to 96 in February from 95 in January, survey data from the Bank of France showed Friday. The reading came in line with economists' expectations.
In February, industrial activity improved somewhat and deliveries showed signs of renewed growth in most sectors. However, production capacities remained only moderately solicited, it said.
Although order books are still considered insufficient, new orders edged up their volumes. At the same time, inventories of final goods remained close to targeted levels. Business managers' forecasts are predicting a stable level of activity in March.
According to the monthly index of business activity, the economy is expected to increase by 0.1 percent in the first quarter of 2013, unchanged from the previous estimate.
French service sector contracted at a faster pace in December, detailed results of the survey by Markit Economics showed Friday. The services activity index fell to 45. news.instaforex.com »
An indicator of French economic activity declined in October after moderate increases throughout the third quarter of 2012, the Conference Board said in a report on Monday. news.instaforex.com »
