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Market news: The Belgian Prime Minister has submitted his resignation to the King of Belgium.
2026-11-02
Market news: The Belgian Prime Minister has submitted his resignation to the King of Belgium.
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2026-11-02
S&P Global Market Intelligence director Rob Dobson says UK manufacturing showed resilience ahead of the autumn budget: October output and new orders accelerated as firms responded to improving domestic and overseas demand, with new orders from the EU
S&P Global Market Intelligence director Rob Dobson says UK manufacturing showed resilience ahead of the autumn budget: October output and new orders accelerated as firms responded to improving domestic and overseas demand, with new orders from the EU and US. After six months of rising hiring, employee growth has stalled amid concern about potential policy changes; the remainder of 2026 will be key to see whether a planned rise in next year’s minimum wage continues to pressure employment. Rising labor costs, intensifying supply‑chain shocks and delays, and higher fuel, energy and transport costs pushed October input prices to one of their fastest increases in four years. Combined with manufacturing resilience, these trends will raise the likelihood of further Bank of England rate hikes.
2026-11-02
Germany's October manufacturing PMI showed output and new orders continued to expand, though growth slowed slightly. Backlogs increased further and employment was broadly unchanged. Input-price inflation jumped to a five-month high, weighing on firms
Germany's October manufacturing PMI showed output and new orders continued to expand, though growth slowed slightly. Backlogs increased further and employment was broadly unchanged. Input-price inflation jumped to a five-month high, weighing on firms' expectations.
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