Leading providers of investment research, business and IP research and company valuation services
Positive macroeconomic indicators emanating from the US reversed the previous week’s bearish undertone, encouraging investors to make purchases in major markets across the globe for the week ended October 9. The Institute for Supply Management’s index of non-manufacturing businesses, which accounts for 90 percent of the US economy, rose unexpectedly to 50.9 in September (a [...]
The release of dismal employment data from the US triggered selling by disappointed investors across the globe. US Labor Department reported a loss of 263,000 jobs in September against a median estimate of 175,000 jobs. The unemployment rate climbed to 9.8 percent in September, the highest since 1983. Furthermore, orders placed with US factories unexpectedly [...]
