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23.04.26 - 16:48
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US Business Confidence Soared In April Amid "Panic, Emergency" Buying Ahead Of Price Spike (ZeroHedge)
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US Business Confidence Soared In April Amid "Panic, Emergency" Buying Ahead Of Price Spike
Despite the recent slide in 'hard' macro data, analysts expected an incremental improvement in the preliminary April S&P Global PMI data this morning.
Consensus was right as both Services and Manufacturing surveys signaled an uptick in April
US business activity growth recovered slightly in April having slowed to near-stagnation in March following the outbreak of war in the Middle East. However, the overall pace of expansion remained subdued, most notably in the services economy where demand faltered.
Flash US Services PMI Business Activity Index: 51.3 (March: 49.8). 2-month high.
Flash US Manufacturing PMI: 54.0 (March: 52.3). 47-month high.
Source: Bloomberg
“A rebound in business output growth in April is good news after the near-stagnation seen in March," but, warns Chris Williamson, Chief Business Economist at S&P Global Market Intelligence:
"...over the past three m...
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23.04.26 - 14:24
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Business Costs Surging Amid Iran War, Says JPMorgan Strategist (Bloomberg)
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Business activity in the euro area unexpectedly shrank for the first time since late 2024 due to a steep drop in the services sector as the Iran war weighs on consumers. The Composite PMI compiled by S&P Global declined to 48.6 in April from 50.7 the previous month, dropping below the 50 threshold separating growth from contraction. In the UK PMI data showed that the private sector quickly bounced back from a slowdown caused by the Iran war as firms rushing to secure supplies and price pressures mounting. Hugh Gimber, Global Market Strategist, JP Morgan joined Stephen Carroll on Bloomberg Radio to discuss. he says business costs are 'rising sharply.' (Source: Bloomberg)...
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23.04.26 - 13:31
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Oil Climbs with Iran Talks in Limbo; Tesla Boosts Spending Plan to $25B | Bloomberg Brief 4/23/2026 (Bloomberg)
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US equity futures fall after the S&P 500 hit a fresh record high. Brent crude rises above $100 a barrel as tensions surrounding the Strait of Hormuz mount and the White House waits for Iran's peace deal proposal. Tesla anticipates billions of dollars in additional spending this year to invest as much as $25 billion in AI and robotics. Marvin Loh of State Street discusses the economic fragility of the markets during the Iran war. Stephanie Brinley of S&P Global Mobility sees lack of clarity in Tesla's basic capacity plans. (Source: Bloomberg)...
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23.04.26 - 12:54
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Brinley: European Approvals Will Be Key For Tesla (Bloomberg)
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Stephanie Brinley, S&P Global Mobility Associate Director of AutoIntelligence, joins Bloomberg's Vonnie Quinn on “Bloomberg Brief” to discuss the current influx of external capital investments into Tesla, as well as the company's plan to spend $25 billion on artificial intelligence and robotics. (Source: Bloomberg)...
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23.04.26 - 12:54
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German Private Sector Slips Into Contraction (AFX)
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BRUSSELS (dpa-AFX) - Germany's private sector contracted for the first time in almost a year in April, reflecting the effects of the war in the Middle East, flash survey data from S&P Global revea......
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23.04.26 - 12:00
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Econ: UK Apr S&P Global Composite PMI Flash Rises to 52, Beats Forecast (AAStocks)
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S&P Global released its Purchasing Managers' Index (PMI) survey, showing that the UK Composite PMI flash for April rose to 52 from 50.3 in the previous month, beating market expectations of 49.8. The Services PMI Business Activity Index flash increased to 52 from 50.5 in the prior month, surpassing expectations of 50. The Manufa......
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23.04.26 - 10:54
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S&P Global: Wirtschaft im Euroraum schrumpft im April (Dow Jones)
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Der Sammelindex für die Produktion in der Privatwirtschaft - Industrie und Dienstleister zusammen - fiel auf 48,6 Zähler von 50,7 im Vormonat, wie S&P Global im Zuge der ersten Veröffentlichung berichtete. Von Dow Jones Newswires befragte Volkswirte hatten ......
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23.04.26 - 10:45
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Econ: Eurozone Apr Composite PMI Flash Falls to 48.6, Hits 17-Month Low (AAStocks)
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S&P Global reported that business activity in the Eurozone unexpectedly contracted in April. After seasonal adjustment, the Eurozone S&P Composite PMI flash reading fell from 50.7 in March to 48.6 in April, marking a 17-month low and missing market expectations, as the Iran war weakened demand.The Services PMI flash reading drop......
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23.04.26 - 10:30
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Econ: Germany Apr S&P Global Composite PMI Falls to 16-Month Low (AAStocks)
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S&P Global reported that Germany's April preliminary S&P Global Composite PMI fell to 48.3 from 51.9 in March, below the market expectation of 51.2 and marking a 16-month low, as the Iran war hampered Germany's economic recovery, dampening demand and pushing up prices.Germany's April preliminary S&P Global Services PMI dropped t......
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23.04.26 - 10:01
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S&P Global: Deutsche Wirtschaft schrumpft im April (Dow Jones)
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Von Andreas Plecko DOW JONES--Die deutsche Wirtschaft ist im April wegen des Iran-Kriegs erstmals seit knapp einem Jahr wieder in den rezessiven Bereich abgerutscht. Der von SP Global erhobene Sammelindex für die Produktion in der Privatwirtschaft - ......
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23.04.26 - 08:18
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Japan Private Sector Growth Softens (AFX)
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TOKYO (dpa-AFX) - Japan's private sector growth moderated in April as the slower rise in services activity offset a rebound in manufacturing output, flash survey data from S&P Global showed Thursd......
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22.04.26 - 17:24
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S&P Global Vice Chairman: Hormuz Crisis Is Driving Global Change (Bloomberg)
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Consumers are already feeling the effects of the closure of the Strait of Hormuz with energy prices surging around the world. But what if the crisis is signaling a longer-term global power shift?
On this episode of the Odd Lots podcast, S&P Global Vice Chairman Daniel Yergin tells Joe Weisenthal and Tracy Alloway that a "different world" will emerge, regardless of the war's ultimate outcome. (Source: Bloomberg)...
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22.04.26 - 10:36
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Daniel Yergin Sees a ′Different World′ Emerging After the Hormuz Crisis (Bloomberg)
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When it comes to the history of oil and energy, nobody is more famous or well respected than Daniel Yergin. He is the Vice Chairman of S&P Global, and the Pulitzer Prize winning author of both The Prize: The Epic Quest for Oil, Money, and Power and The New Map: Energy, Climate, and the Clash of Nations. So we had to get his insights on the war in Iran, and its historical significance. Iran's ability to control the Straight against a much stronger military is a demonstration that the balance of global power is changing, with profound ramifications for countries around the world. We discuss how different regions are being affected, and how it will change their calculus when it comes to energy security. We also talk about the AI industry's seemingly insatiable demand for electricity, and how this is rippling across the entire energy landscape. (Source: Bloomberg)...
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22.04.26 - 10:06
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Odd Lots: Yergin on the Aftermath of the War in Iran (Podcast) (Bloomberg)
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When it comes to the history of oil and energy, nobody is more famous or well respected than Daniel Yergin. He is the Vice Chairman of S&P Global, and the Pulitzer Prize winning author of both The Prize: The Epic Quest for Oil, Money, and Power and The New Map: Energy, Climate, and the Clash of Nations. So we had to get his insights on the war in Iran, and its historical significance. Yergin tells us that a “different world” will emerge from the crisis surrounding the closure of the Strait o...
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