Economics
South Africa Private Sector Contracts in September
The S&P Global South Africa PMI fell to 49.0 in September 2026 from 50.5 in August, signalling a renewed contraction in private sector activity and the weakest performance so far this year. The downturn was driven by a sharp decline in new orders, which fell at the fastest pace in two-and-a-half years amid uncertainty over […]
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France Services Activity Rebounds in September
The S&P Global France Services PMI fell to 51.2 in September 2026, revising lower than the preliminary estimate of 51.4 but rising from 48.0 in August, marking the first expansion in services activity since last December. Growth remained modest and below the survey average, while new business declined marginally as uncertainty weighed on sales. New […]
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Sweden Services Sector Growth Hits 10-Month High
The Services PMI in Sweden rose to 57.4 in September 2026 from an upwardly revised 56.0 in August, marking the highest level since November 2025. New orders were the largest positive contributor to the increase in the PMI (59.0 vs 56.4 in August), followed by delivery times (62.7 vs 60.9). The employment index also increased […]
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Economic Calendar – Key Services PMIs for Europe and the US, and Central Bankers’ Decisions
Key Releases from the Asian Session Macroeconomic Calendar (CET) Markets to Watch Technical Analysis: Brent Brent crude is currently trading around $101.70, in a clear correction after an unsuccessful attempt to break strong resistance in the 110–114 zone, where the market bounced twice, first in May, then in September. Despite this sell-off, the broader trend […]
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Russia Services Sector Maintains Expansion as Private-Sector Growth Improves
Russia’s services sector is maintaining a modest expansion, with the S&P Global Russia Services PMI holding at 51.3 in September, matching its six-month high and marking a second consecutive month above the 50.0 growth threshold. The broader private sector is also showing signs of stabilisation, with the Composite PMI rising to 50.8, its strongest reading […]
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Singapore Retail Sales Growth at Nearly 3-Year Low
Retail sales in Singapore grew by 0.7% year-on-year in August 2026, slowing from a downwardly revised 1.3% increase in July and marking the softest rise since September 2023. The slowdown was driven mainly by a sharp decline in sales of motor vehicles, parts and accessories (-4.6% vs 1.3% in July), watches and jewellery (-2.7% vs […]
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Japan Consumer Mood Falls from 6-Month High
Japan’s consumer confidence index edged down to 35.4 in September 2026 from August’s six-month high of 35.5, slightly beating market expectations of 35.3. Sentiment weakened in two of the four major components, with households reporting weaker views on income growth (40.5 vs 40.9 in August) and employment prospects (40.0 vs 40.1). Meanwhile, sentiment improved regarding […]
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UAE Non-Oil Private Sector Growth Holds at 20-Month High
The S&P Global UAE PMI was unchanged at 55.3 in September 2026, matching August’s 20-month high and signalling a marked improvement in non-oil private sector business conditions. Growth was supported by a rapid increase in output, which accelerated to a seven-month high, while new orders continued to rise markedly despite easing from August’s seven-month high. […]
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Saudi Non-Oil Private Sector at 7-Month High
Riyad Bank Saudi Arabia’s PMI jumped to 55.3 in September 2026 from 53.8 in August, marking the sixth consecutive month in expansionary territory. This also marked the highest reading since February, driven by a sharp increase in new orders, which moved closer to its long-run average and signaling a recovery in demand after a softer […]
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Egypt Non-Oil Private Sector Activity Falls in September
The S&P Global Egypt PMI fell to 47.2 in September 2026 from 49.6 in August, signaling a renewed and accelerated deterioration in non-oil private sector conditions. Output and new orders both declined sharply, with weaker demand, geopolitical disruptions and elevated inflationary pressures weighing on business activity. Employment, however, increased for a second consecutive month, marking […]
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- 2 days ago