The Hamburg Commercial Bank Composite Purchasing Managers’ Index fell Eurozone Which Standard & Poor’s Global considers to be the lowest level in ten months at 48.1 in November, that is, below the 50 level that separates growth from contraction, and lower than estimates that suggested it would reach 50 points.
The Purchasing Managers’ Index fell Britain To 49.9 in November from 51.8 in October.
The government’s plan to increase corporate taxes contributed to the first contraction in private sector activity in more than a year, adding to recent signs that the economy is losing momentum.
“She said”Standard & Poor’s“The U.S. Composite Purchasing Managers’ Index, which tracks the manufacturing and services sectors, rose to 55.3 this month, the highest level since April 2022, after reaching 54.1 last month.
Price movements
The dollar index, which measures the performance of the US currency against six major currencies, rose by 0.42 percent to 107.51, with the euro falling 0.54 percent to $1.0415 after falling to $1.0333, its lowest level since November 30, 2022.
The dollar is heading for the third consecutive weekly increase.
And I continued Bitcoin It is on its way towards the $100,000 level, as it has risen by more than 40 percent since the US elections earlier in November, driven by expectations that President-elect Donald Trump will ease regulations on cryptocurrencies.
In the latest trading, it rose 0.35 percent to $98,428.
And he fell sterling 0.44 percent to $1.2532, and is heading for the second weekly decline in a row.
Against the Japanese currency, the dollar rose 0.12 percent to 154.69 yen.
The yen fell below 156 to the dollar last week for the first time since July, raising the possibility that Japanese authorities would take additional steps to support it.
