Money Minute Wednesday 4 December: Britain's economic sentiment and American job figures

Today's Money Minute looks ahead to the UK's latest all-sector PMI survey, and America's private payrolls report.

In the UK this morning, we get the latest all-sector PMI survey.This is a survey that takes a look at sentiment in every part of the UK economy manufacturing, construction and services.It's expected to show that activity overall is contracting, as the PMI surveys for these individual sectors have all been declining in recent months.

That said, it's worth noting that the survey results have also been gloomier than the actual economic data indicates, which suggests that the atmosphere of political turmoil is encouraging respondents to be more pessimistic than is perhaps justified.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

In the US, we get the ADP private payrolls report.This isn't the most accurate indicator of employment in the US.However, it will be watched very closely because it serves as a warm-up act for the nonfarm payrolls figures, out on Friday.Those employment numbers are extremely important and tend to set the tone for markets each month.




How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019

How Putin's cronyism is strangling Russia

Russia's vast population and wealth of resources should be boosting growth. There’s one man holding it back: Vladimir Putin
27 Jan 2020

US-China trade truce boosts stockmarkets – for now

Markets brightened up after China agreed to import more from the US and America greed to lower some tariffs on Chinese goods. But the trade war is far…
27 Jan 2020

Money Minute Monday 27 January: Brexit and interest rates

Britain leaves the EU this week, and both the Bank of England and the US Federal Reserve decide on interest rates.
27 Jan 2020

Most Popular

Investment strategy

The coronavirus is scary – but it's irrelevant to your investments

The spread of the coronavirus is causing alarm around the world. And, while it could be a serious short-term threat to human health, it’s not somethin…
24 Jan 2020

Want to make money in 2020? Gold and silver are looking like a good bet

If you want to make money from investing, says Dominic Frisby, it’s simple: find a bull market and go long. And in 2020 gold and silver are in a bull …
22 Jan 2020
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
24 Jan 2020
Global Economy

The charts that matter: coronavirus – or a liquidity air pocket?

With the yield curve showing worrying signs of flatlining again. John Stepek wonders what's to blame and turns to the charts that matter most to the g…
25 Jan 2020