IHS Markit US Manufacturing PMI Rises in September

China urges 'calm and rational' resolution to U.S.-Sino trade war

Addressing inventories, Fiore said the sector is still matching import orders to input material levels, which makes a lot of sense, as manufacturers are closely watching new order levels softened four months ago, with the inventory number being at the 49 level, give or take, with the inventory number now at 46.9.

"In light of the weak results for economic growth and muted inflationary pressures signalled by the PMI data, we expect to see further monetary easing in the months ahead", Lima said. "If that comes to pass, the interest rate advantage that the United States dollars now enjoys over its G-10 peers will close significantly and structural USD longs set during Fed hiking cycle from end- 2015 to end-2018 may start to get unwound".

Readings over 50% sign enterprise situations are getting higher, beneath 50% signifies they're getting worse.

The Institute for Supply Management's purchasing managers' index fell to 47.8% in September - the lowest level since June 2009 and a contraction.

The Cboe Volatility Index, or VIX, an options-based gauge of investor anxiety, rose 2.3 points to 18.56, its highest close in about a month.

New orders increased overall but shrank for the building and furniture sector, which also recorded "especially low" sales numbers.

Samsung Galaxy Fold lands in India, pre-orders begin October 4
You can pre-order the Galaxy Fold through the company's official site, Samsung Shop, and Samsung Opera House in Bengaluru . You can purchase Samsung Galaxy M30s with 4GB RAM and 64GB storage for Rs 13999 instead of the retail price of Rs 15490.

"This is serious", said Torsten Sløk, chief economist at Deutsche Bank Securities in NY. The sector had enjoyed 35 consecutive months of expansion.

AstraZeneca PLC (AZN.LN) slipped 1.7% as it said the U.S. Food and Drug Administration hadn't approved its new drug application for PT010, an inhaled treatment for chronic obstructive pulmonary disease.

The ISM said comments from manufacturers "reflect a continuing decrease in business confidence", and also noted that "global trade remains the most significant issue". -China trade wars for the weaknesses in their operations.

Meanwhile, business investment in the second quarter declined at the fastest rate since the final quarter of 2015, and GDP in the second quarter grew at a rate of 2% - below the 2.6% seen throughout the first half of 2019. They have too much leverage over his electoral fortunes by dint of the trade war, and the worse the economic forecasts look, the more leverage they have. At 2020 GMT, the British pound was steady against a broadly firmer us dollar at $1.2302, holding just above three-week lows hit on Friday.

The new export orders index was just 41%, the lowest level since March 2009, down from the August reading of 43.3%, ISM data showed. This raises the risk that factory payrolls contracted in September after increasing by a paltry 3,000 jobs in August. These three industries show the fewest gans by industry since 2013. Transportation equipment, machinery, and electrical equipment, appliances and components were among the 15 industries reporting a contraction.

Chris Williamson, IHS Markit chief business economist, said spare capacity is making companies "become more cautious about costs and spending".

Related News:

Most liked

LeBron James is Destroying College Sports
With a wealth of new players, James predicted it will take some time for the Lakers to develop chemistry and camaraderie. Vogel is also toying with various complementary pieces to fill out the starting lineup next to them.

PS4 Cross-Play Exits Beta, Now a Full Feature For Developers
For that, you get access to the large library of more than 700 games available to play by cloud streaming on either a PS4 or PC. Alternatively, Xbox One owners can subscribe to Ultimate Games Pass, which costs £10.99 a month and also includes Xbox Gold.

Democrats threaten to subpoena White House for Ukraine call records
Marie Yovanovitch, who was USA ambassador to Ukraine until she was abruptly recalled in May, has agreed to appear on October 11. And they warned, "He should immediately cease intimidating department witnesses in order to protect himself and the president".

Indian-American Sikh Cop, Shot Dead In US, Mourned By Several
Sandeep Singh Dhaliwal made such a profound impact on his community, fellow Texans are carrying on his legacy of service. Dhaliwal was a 10-year veteran of the department and was lauded by his former colleagues and members of the community.

Carlow County Council directed to prepare for potential arrival of Hurricane Lorenzo
On Monday, weather experts were reluctant to definitively say whether Lorenzo was moving towards the North of Ireland or not. The Portuguese weather agency expects Lorenzo to weaken to a Category 1 hurricane on Wednesday as it heads northeast.

Federal Bureau of Investigation arrest man suspected spying for China
The double agent would then get a key to the room, take the cash and leave a digital card containing information, it says. Anderson is a lawyer for the Northern District of California, which is handling prosecution in the case.

Kiev unlikely to publish Trump call transcript
Lutsenko reportedly said he was eager to cooperate with Giuliani and Trump but did not have sufficient evidence to act on his own. Another 30 percent said they have heard "some" details about the Ukraine call. "But you can not go elsewhere for a soul".

Thousands across Asia Pacific march in solidarity with Hong Kong
Meanwhile, police said that they expect protests on Tuesday to be " very, very dangerous ", according to Channel NewsAsia . Taiwan's incorporation into China is "an inevitable trend" and "no one and no force can ever stop it", Xi said.

Gigi Hadid confronts catwalk crasher at Chanel's rooftop fashion show
The supermodel stands in front of S'Infiltre to block her path before taking her arm and escorting her off the raised catwalk. But you have to applaud Gigi for being so quick to defuse the situation and ensuring the show went as planned.

Schiff: Democrats eyeing Trump-Putin calls
Trump then said, 'In other words, there was no pressure and you know there was no pressure, ' according to Fox News . He had no comment about Trump's Sunday tweets . "Schiff made up what I actually said by lying to Congress ", Mr.

How, why Trump's Mueller inquiry call to Australian PM came to light
Mr Hockey said Australia would provide the U.S. with all relevant information that supported its inquiries. It is cc'd to Mick Mulvaney at the White House.

Everything We Know About Kanye West's Jesus Is King Album
Filmed over the course of summer 2019, Jesus Is King will bring West's now famous Sunday Service to viewers around the world. Then his wife, Kim Kardashian made headlines when she teased an album release date with a full tracklist back in August.

Security Incidents During Afghan Elections | .:: Elections 2019 ::.
He is not the only one who ignores the warning of the insurgents and is eager to have his say in the democratic election. More than 400 polling centres will remain closed because they are situated in areas under Taliban control.

Jaguars' Jalen Ramsey misses practice because of back injury
ET Sunday. "If he has the ability to play, I'd be of the understanding that he will play". The Jaguars (1-2) are slated to visit the Broncos (0-3) at 4:25 p.m.

Trump sets cap for refugee admission at an all-time low
Dianne Feinstein , D-Calif., criticized the announcement, saying no other administration has proposed admitting "this few refugees".