Month: November 2016

The Clinton campaign is asking the FBI to disclose information on any ties between her opponent, Donald Trump, and Russia. The Democrats blame the FBI for “unfair” publicity too close to election day.

Back in Europe, data released by the British Retail Consortium showed that U.K. prices have not increased for consumers in the fallout of the Brexit vote.

In terms of corporate earnings, Germany’s Lufthansa announced its adjusted earnings before interest and taxes fell 6.5 percent in the third quarter.

Hugo Boss also reported a drop in third-quarter profits, but the numbers were better-than-expected.

Persimmon saw its second-half operating margin improving from the first half, with private sales going up 19 percent.

Also, on Wednesday, the euro area’s October final manufacturing PMI will be released.

Figures above the 50 level suggests expansionary activity while sub-50 levels indicate contraction.

Meanwhile, the Caixin manufacturing PMI rose to 51.2 in October, the fastest pace of improvement since March 2011. A rebound in new order growth amid stronger demand helped the gauge, which focuses on mid-size companies not included in the official survey, this month, Caixin said in a statement.

Manufacturing’s contribution to overall growth has been slipping over the years as Beijing transitions its economy from industry to consumption, accounting for around 40 percent of gross domestic product. Services, on the other hand, now makes up more than half of the economy and the sector, which includes real estate, restaurants, and e-commerce, has been on a steady upwards climb.

The government’s official services PMI rose to 54.0 in October, from 53.7 in September and 53.5 in August, a separate survey showed on Tuesday.