Euro zone business activity shrinks again as new Covid lockdowns bite

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Euro zone business activity shrinks again as new Covid lockdowns bite

cnbc2021-01-22

LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns. The region is grappling with ...

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adriel
·2021-01-24
Zomzom
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- vangas:
  zom^3
  2021-01-25
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TiggyTrader
·2021-01-23
Good article
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siewbee
·2021-01-23
.......
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- 社区成长助手:
  终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引
  2021-01-23
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Fanatical
·2021-01-22
Gg
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- Big__Boss:
  nice
  2021-01-22
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  终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引
  2021-01-22
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A reading below 50 represents a contraction in activity.\nChris Williamson, chief business economist at IHS Markit, said a double-dip recession for the euro zone was looking “increasingly inevitable.”\n“Tighter COVID19 restrictions took a further toll on businesses in January,” he said in a statement.\n“Output fell at an increased rate, led by worsening conditions in the service sector and a weakening of manufacturing growth to the lowest seen so far in the sector’s seven-month recovery.”\nEuropean Central Bank PresidentChristine Lagardeacknowledged on Thursday that thepandemic still posed “serious risks”to the euro zone economy.\nIn addition to the new Covid variants, there are also concerns over aslow vaccination roll-outacross the European Union.\n“In this environment ample monetary stimulus remains essential,” Lagarde said. The ECB decided at a meeting on Thursday tokeep interest rates and its wider stimulus programs unchangedfor now, having boosted its support in December.\nThe ECB expects the euro zone’s GDP (gross domestic product) to expand by 3.9% in 2021, and 2.1% in 2022. This is after a contraction of 7.3% last year. However, these forecasts are dependent on the evolution of the pandemic.\nFrance hires more\nEarlier, France’s business activity data also came in at a two-month low, reflecting the imposition of stricter curfews across the country. The country’s composite PMI for January was 47, making a contraction.\nHowever, French businesses hired more employees in January — the first increase in job figures in almost a year.\n“The fact that firms have returned to recruitment activity points to some confidence in an economic recovery in the second half of this year,” Eliot Kerr, economist at IHS Markit said, in a statement.\nIn Germany, business activity managed to grow slightly in January, with the flash composite output index coming in at 50.8. However, the reading represented a seven-month low for Europe’s economic engine.\nPhil Smith, associate director at IHS Markit, highlighted a slower momentum in manufacturing activity in the country, and a continued hit to the services sector during January.\n“All in all, the German economy has made a slow start to the year, and the extension of the current containment measures until at least mid-February means this looks like being the picture for several more weeks to come,” he said.\nThe German government decided some days ago to extend the national lockdown until Feb. 14.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3379958,"gmtCreate":1611528330459,"gmtModify":1680774031390,"authorId":3573459233465955,"author":{"id":3573459233465955,"idStr":"3573459233465955","authorId":3573459233465955,"name":"vangas","avatar":"https://static.tigerbbs.com/d92bed842bc85970a41c118a4b909f0f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":319964162,"type":1,"supId":0,"prevId":0,"content":"zom^3","text":"zom^3","html":"zom^3"}],"langContent":"EN"},{"id":319088048,"gmtCreate":1611413664584,"gmtModify":1704860245414,"author":{"id":"3555369166820250","authorId":"3555369166820250","name":"TiggyTrader","avatar":"https://static.tigerbbs.com/bf3a767c22416849fe76f2e38a327e6c","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555369166820250","authorIdStr":"3555369166820250"},"htmlText":"Good article","listText":"Good article","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319088048","repostId":1195776005,"repostType":4,"repost":{"id":"1195776005","kind":"news","pubTimestamp":1611306471,"share":"https://ttm.financial/m/news/1195776005?lang=&edition=fundamental","pubTime":"2021-01-22 17:07","market":"uk","language":"en","title":"Euro zone business activity shrinks again as new Covid lockdowns bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1195776005","media":"cnbc","summary":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data sho","content":"<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"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 zone business activity shrinks again as new Covid lockdowns bite</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; 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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 zone business activity shrinks again as new Covid lockdowns bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 17:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EUFN":"欧洲金融指数ETF-iShares MSCI","VGK":"MSCI欧洲ETF-Vanguard","VUKE.UK":"英国富时100"},"source_url":"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195776005","content_text":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with growing Covid-19 infection rates and tighter restrictions asnew strains of the virusspread, causing further economic pain.\nMarkit’s flash composite PMI for the euro zone, which looks at activity across both manufacturing and services, dropped to 47.5 January, versus 49.1 in December. A reading below 50 represents a contraction in activity.\nChris Williamson, chief business economist at IHS Markit, said a double-dip recession for the euro zone was looking “increasingly inevitable.”\n“Tighter COVID19 restrictions took a further toll on businesses in January,” he said in a statement.\n“Output fell at an increased rate, led by worsening conditions in the service sector and a weakening of manufacturing growth to the lowest seen so far in the sector’s seven-month recovery.”\nEuropean Central Bank PresidentChristine Lagardeacknowledged on Thursday that thepandemic still posed “serious risks”to the euro zone economy.\nIn addition to the new Covid variants, there are also concerns over aslow vaccination roll-outacross the European Union.\n“In this environment ample monetary stimulus remains essential,” Lagarde said. The ECB decided at a meeting on Thursday tokeep interest rates and its wider stimulus programs unchangedfor now, having boosted its support in December.\nThe ECB expects the euro zone’s GDP (gross domestic product) to expand by 3.9% in 2021, and 2.1% in 2022. This is after a contraction of 7.3% last year. However, these forecasts are dependent on the evolution of the pandemic.\nFrance hires more\nEarlier, France’s business activity data also came in at a two-month low, reflecting the imposition of stricter curfews across the country. The country’s composite PMI for January was 47, making a contraction.\nHowever, French businesses hired more employees in January — the first increase in job figures in almost a year.\n“The fact that firms have returned to recruitment activity points to some confidence in an economic recovery in the second half of this year,” Eliot Kerr, economist at IHS Markit said, in a statement.\nIn Germany, business activity managed to grow slightly in January, with the flash composite output index coming in at 50.8. However, the reading represented a seven-month low for Europe’s economic engine.\nPhil Smith, associate director at IHS Markit, highlighted a slower momentum in manufacturing activity in the country, and a continued hit to the services sector during January.\n“All in all, the German economy has made a slow start to the year, and the extension of the current containment measures until at least mid-February means this looks like being the picture for several more weeks to come,” he said.\nThe German government decided some days ago to extend the national lockdown until Feb. 14.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310713219,"gmtCreate":1611370404931,"gmtModify":1704860094218,"author":{"id":"3572672230120758","authorId":"3572672230120758","name":"siewbee","avatar":"https://static.tigerbbs.com/aecff165cb101c9c535379b2947e2cbe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572672230120758","authorIdStr":"3572672230120758"},"htmlText":".......&nbsp;","listText":".......&nbsp;","text":".......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/310713219","repostId":1195776005,"repostType":4,"repost":{"id":"1195776005","kind":"news","pubTimestamp":1611306471,"share":"https://ttm.financial/m/news/1195776005?lang=&edition=fundamental","pubTime":"2021-01-22 17:07","market":"uk","language":"en","title":"Euro zone business activity shrinks again as new Covid lockdowns bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1195776005","media":"cnbc","summary":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data sho","content":"<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"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 zone business activity shrinks again as new Covid lockdowns bite</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; 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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 zone business activity shrinks again as new Covid lockdowns bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 17:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EUFN":"欧洲金融指数ETF-iShares MSCI","VGK":"MSCI欧洲ETF-Vanguard","VUKE.UK":"英国富时100"},"source_url":"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195776005","content_text":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with growing Covid-19 infection rates and tighter restrictions asnew strains of the virusspread, causing further economic pain.\nMarkit’s flash composite PMI for the euro zone, which looks at activity across both manufacturing and services, dropped to 47.5 January, versus 49.1 in December. A reading below 50 represents a contraction in activity.\nChris Williamson, chief business economist at IHS Markit, said a double-dip recession for the euro zone was looking “increasingly inevitable.”\n“Tighter COVID19 restrictions took a further toll on businesses in January,” he said in a statement.\n“Output fell at an increased rate, led by worsening conditions in the service sector and a weakening of manufacturing growth to the lowest seen so far in the sector’s seven-month recovery.”\nEuropean Central Bank PresidentChristine Lagardeacknowledged on Thursday that thepandemic still posed “serious risks”to the euro zone economy.\nIn addition to the new Covid variants, there are also concerns over aslow vaccination roll-outacross the European Union.\n“In this environment ample monetary stimulus remains essential,” Lagarde said. The ECB decided at a meeting on Thursday tokeep interest rates and its wider stimulus programs unchangedfor now, having boosted its support in December.\nThe ECB expects the euro zone’s GDP (gross domestic product) to expand by 3.9% in 2021, and 2.1% in 2022. This is after a contraction of 7.3% last year. However, these forecasts are dependent on the evolution of the pandemic.\nFrance hires more\nEarlier, France’s business activity data also came in at a two-month low, reflecting the imposition of stricter curfews across the country. The country’s composite PMI for January was 47, making a contraction.\nHowever, French businesses hired more employees in January — the first increase in job figures in almost a year.\n“The fact that firms have returned to recruitment activity points to some confidence in an economic recovery in the second half of this year,” Eliot Kerr, economist at IHS Markit said, in a statement.\nIn Germany, business activity managed to grow slightly in January, with the flash composite output index coming in at 50.8. However, the reading represented a seven-month low for Europe’s economic engine.\nPhil Smith, associate director at IHS Markit, highlighted a slower momentum in manufacturing activity in the country, and a continued hit to the services sector during January.\n“All in all, the German economy has made a slow start to the year, and the extension of the current containment measures until at least mid-February means this looks like being the picture for several more weeks to come,” he said.\nThe German government decided some days ago to extend the national lockdown until Feb. 14.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3374973,"gmtCreate":1611371603027,"gmtModify":1680773947055,"authorId":3527667803686145,"author":{"id":3527667803686145,"idStr":"3527667803686145","authorId":3527667803686145,"name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310713219,"type":1,"supId":0,"prevId":0,"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>"}],"langContent":"EN"},{"id":310861389,"gmtCreate":1611307479641,"gmtModify":1704859449878,"author":{"id":"3562677623874515","authorId":"3562677623874515","name":"Fanatical","avatar":"https://static.tigerbbs.com/2643608e590220fe03614193aaed85dc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562677623874515","authorIdStr":"3562677623874515"},"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/310861389","repostId":1195776005,"repostType":4,"repost":{"id":"1195776005","kind":"news","pubTimestamp":1611306471,"share":"https://ttm.financial/m/news/1195776005?lang=&edition=fundamental","pubTime":"2021-01-22 17:07","market":"uk","language":"en","title":"Euro zone business activity shrinks again as new Covid lockdowns bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1195776005","media":"cnbc","summary":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data sho","content":"<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"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 zone business activity shrinks again as new Covid lockdowns bite</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; 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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 zone business activity shrinks again as new Covid lockdowns bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 17:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EUFN":"欧洲金融指数ETF-iShares MSCI","VGK":"MSCI欧洲ETF-Vanguard","VUKE.UK":"英国富时100"},"source_url":"https://www.cnbc.com/2021/01/22/eurozone-flash-pmis-january-2020-business-activity-shrinks-again.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195776005","content_text":"LONDON — Business activity in the euro zone fell to a two-month low in January, preliminary data showed on Friday, on the back of stricter coronavirus-related lockdowns.\nThe region is grappling with growing Covid-19 infection rates and tighter restrictions asnew strains of the virusspread, causing further economic pain.\nMarkit’s flash composite PMI for the euro zone, which looks at activity across both manufacturing and services, dropped to 47.5 January, versus 49.1 in December. A reading below 50 represents a contraction in activity.\nChris Williamson, chief business economist at IHS Markit, said a double-dip recession for the euro zone was looking “increasingly inevitable.”\n“Tighter COVID19 restrictions took a further toll on businesses in January,” he said in a statement.\n“Output fell at an increased rate, led by worsening conditions in the service sector and a weakening of manufacturing growth to the lowest seen so far in the sector’s seven-month recovery.”\nEuropean Central Bank PresidentChristine Lagardeacknowledged on Thursday that thepandemic still posed “serious risks”to the euro zone economy.\nIn addition to the new Covid variants, there are also concerns over aslow vaccination roll-outacross the European Union.\n“In this environment ample monetary stimulus remains essential,” Lagarde said. The ECB decided at a meeting on Thursday tokeep interest rates and its wider stimulus programs unchangedfor now, having boosted its support in December.\nThe ECB expects the euro zone’s GDP (gross domestic product) to expand by 3.9% in 2021, and 2.1% in 2022. This is after a contraction of 7.3% last year. However, these forecasts are dependent on the evolution of the pandemic.\nFrance hires more\nEarlier, France’s business activity data also came in at a two-month low, reflecting the imposition of stricter curfews across the country. The country’s composite PMI for January was 47, making a contraction.\nHowever, French businesses hired more employees in January — the first increase in job figures in almost a year.\n“The fact that firms have returned to recruitment activity points to some confidence in an economic recovery in the second half of this year,” Eliot Kerr, economist at IHS Markit said, in a statement.\nIn Germany, business activity managed to grow slightly in January, with the flash composite output index coming in at 50.8. However, the reading represented a seven-month low for Europe’s economic engine.\nPhil Smith, associate director at IHS Markit, highlighted a slower momentum in manufacturing activity in the country, and a continued hit to the services sector during January.\n“All in all, the German economy has made a slow start to the year, and the extension of the current containment measures until at least mid-February means this looks like being the picture for several more weeks to come,” he said.\nThe German government decided some days ago to extend the national lockdown until Feb. 14.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3368605,"gmtCreate":1611312148623,"gmtModify":1680773857832,"authorId":3570517865216539,"author":{"id":3570517865216539,"idStr":"3570517865216539","authorId":3570517865216539,"name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.02.03","exceedPercentage":"93.39%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310861389,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":3368181,"gmtCreate":1611307596449,"gmtModify":1680773849575,"authorId":3527667803686145,"author":{"id":3527667803686145,"idStr":"3527667803686145","authorId":3527667803686145,"name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310861389,"type":1,"supId":0,"prevId":0,"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":17,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}