After US equities fell yesterday, President Trump blamed the manufacturing slowdown on the Federal Reserve allowing the dollar to strengthen.
World stocks dropped on Wednesday after US manufacturing activity slumped to a decade low, fanning fears of a global slowdown and greater fallout from the US-China trade war. The Institute for Supply Management recorded a 1.3-point decline in US factory activity to 47.8 last month, after IHS Markit found German manufacturing activity dropped to a seven-year low in September. Escalating protests in Hong Kong and continued Brexit uncertainty also weighed on market sentiment.
World stocks dropped on Wednesday after US manufacturing activity slumped to a decade low, fanning fears of a global slowdown and greater fallout from the US-China trade war. The Institute for Supply Management recorded a 1.3-point decline in US factory activity to 47.8 last month, after IHS Markit found German manufacturing activity dropped to a seven-year low in September. Escalating protests in Hong Kong and continued Brexit uncertainty also weighed on market sentiment.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
On eve of China's 70th anniversary parade, President Xi says nation leads the worldChina's President Xi Jinping spoke on the eve of a parade designed to send a confident message that China’s military has modernized rapidly, amassing advanced military technology to rival U.S. power.
Read more »
Jimmy Carter becomes first U.S. president to celebrate 95th birthdayThe former president, who left office in 1981, still lives in tiny Plains, Ga., and planned no public events for the occasion.
Read more »
World shares steady as investors shrug off U.S. delisting threatWorld shares on Monday largely shrugged off reports that Washington is consideri...
Read more »
Jimmy Carter, the oldest living former U.S. president, is 95 todayJimmy Carter, the son of a peanut farmer who served as America's 39th president, turns 95 today. He is the oldest living former U.S. president, a title once held by the late George H. W. Bush, who died in late 2018 at 94.
Read more »
Jimmy Carter, the oldest living former US president, is 95 todayJimmy Carter turns 95 today. The son of a peanut farmer, he is the oldest living former US president — a title once held by the late George H. W. Bush, who died in late 2018 at age 94.
Read more »
Facebook's Zuckerberg says Warren as U.S. president would be bad for techFacebook Inc Chief Executive Officer Mark Zuckerberg told employees in July that...
Read more »