Spain’s manufacturing Purchasing Managers Index (PMI) has hit 54.6 in June, up from 52.9 in May, Markit Economics has revealed.
Eurozone economic growth slowed for a second month running in June, easing to the weakest since December, according to the flash reading of the Markit Eurozone PMI.
Markit’s Composite PMI fell to 53.1 from 53.3 in February as eurozone’s private firms kept slashing prices to raise demand, adding to mounting deflation fears.
Analysis of flows into exchange traded products investing in natural gas suggests investors are not reacting to a recent sharp rise in the price of the commodity in the US.
Markit Equities Research has published figures suggesting Europe’s ETF industry attracted some $9.4bn in net inflows in the first nine months of 2013.
Financial information services company Markit has launched the Markit iBoxx Liquid Ultrashort indices, with the aim of providing a balanced representation of the ultrashort investment grade credit universe.
Markit Securities Finance has reported a positive outlook for key French banks such as Natixis, Credit Agricole and Societe General, in a note that compares these organisations favourably against German peers.
Soitec, the French semiconductor firm is the most shorted European stock on a list published by Markit ahead of company results being announced over the coming week.
Two competing credit-checking utilities are preparing for launch in response to new clearing and execution rules for over-the-counter derivatives – even though both concede there may only be room for one and dealers have pressed for a single hub.
The flow of money into European Exchange Traded Products slowed in February, with fixed income seeing the greatest relative decline according to figures from Markit Securities Finance.
South Africa has continued to attract ETF inflows, but investors are also shorting parts of the market, such as food retailers over macroeconomic fears, explains Markit Securities Finance.
Short sellers are heading back to the Italian market ahead of elections both for a new government and Pope, at a time when long investors have actually been going heavily into the market for ETPs, says Markit Securities Finance.