Euro Area manufacturing activity flat at 45.8 in July

seekingalpha08-01

The HCOB Eurozone Manufacturing PMI matched that seen in June, recording 45.8 once again in July. Eurozone factory output contracts at the strongest rate in 2024 so far. “The widely held belief that ...

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Eurozone factory output contracts at the strongest rate in 2024 so far. “The widely held belief that ...</p>\n\n<a href=\"https://seekingalpha.com/news/4131896-euro-area-manufacturing-activity-flat-at-458-in-july\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Euro Area manufacturing activity flat at 45.8 in July</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuro Area manufacturing activity flat at 45.8 in July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-01 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4131896-euro-area-manufacturing-activity-flat-at-458-in-july><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The HCOB Eurozone Manufacturing PMI matched that seen in June, recording 45.8 once again in July. Eurozone factory output contracts at the strongest rate in 2024 so far. “The widely held belief that ...</p>\n\n<a href=\"https://seekingalpha.com/news/4131896-euro-area-manufacturing-activity-flat-at-458-in-july\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HEWG","symbol_name":"德国ETF汇率对冲-iShares","start_time":0,"source_url":"https://seekingalpha.com/news/4131896-euro-area-manufacturing-activity-flat-at-458-in-july","article_id":"2456193103","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1455668014/image_1455668014.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2456193103","pubTimestamp":1722500233,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"The HCOB Eurozone Manufacturing PMI matched that seen in June, recording 45.8 once again in July. Eurozone factory output contracts at the strongest rate in 2024 so far. “The widely held belief that t","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HEWG":"德国ETF汇率对冲-iShares","EWQ":"法国ETF-iShares MSCI","FGM":"First Trust Germany AlphaDEX Fun","EWG":"德国ETF-iShares MSCI","GF":"新德基金","DAX":"Global X Dax Germany ETF","EWI":"意大利ETF-iShares MSCI"},"translate_title":"欧元区7月制造业活动持平于45.8","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAX":1,"EWG":1,"EWI":1,"EWQ":1,"FGM":1,"GF":1,"HEWG":1},"content_text":"The HCOB Eurozone Manufacturing PMI matched that seen in June, recording 45.8 once again in July. Eurozone factory output contracts at the strongest rate in 2024 so far. “The widely held belief that the eurozone's recovery would pick up speed in the second half of the year is taking a hit, thanks to the latest HCOB PMI index for the manufacturing sector. Earlier this year, it looked like the sector might gradually climb out of the production slump it had been in for months, but the doubts that surfaced in June have been intensified by an accelerated decline in production in July. Given this weak data, we'll probably need to lower our GDP growth forecast for the year from 0.8%.\" said Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank. “The weak demand situation has gotten even worse since June, meaning rising input prices can't be passed on to customers so easily. This means shrinking profit margins for businesses. If this trend keeps up, it spells trouble for investment and future growth, as companies will likely start cutting costs. On the flip side, the European Central Bank might have mixed feelings about this. Sure, rising input prices could push inflation up, but falling profit margins might help keep that inflationary pressure in check ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (HEWG), (DAX) Currency: (EUR:USD)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2456193103"}