Money Minute Wednesday 5 February: private sector performance

Today's Money Minute looks at how the private sector fared in the UK and the eurozone, plus the latest data from the American services sector.

Good morning and welcome to Money Minute, where we preview the day's biggest financial stories.

In the UK this morning, we find out how the private sector fared in January. The PMI survey reading is likely to show that activity in the manufacturing, construction and services sectors all improved last month, with services showing the strongest growth. Whether this “Boris bounce” will be reflected in more concrete economic data to be released later this month remains to be seen.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

Also in the morning, we get the same data for the eurozone. Overall, activity is expected to have continued to grow, but with a fair amount of variation across the region.

In the US this afternoon, we get data on services sector activity for January. The services sector is by far the most important contributor to US economic growth. Activity in the sector remains strongly positive. It has also been rebounding since the fourth quarter of last year, after slowing for much of 2019, and analysts expect this to continue.




Money Minute Thursday 9 January: EU withdrawal, plus eurozone and US jobs figures

Today's Money Minute looks ahead to the vote on the government's EU withdrawal bill and the latest employment figures for the eurozone and the US.
9 Jan 2020

Money Minute Wednesday 8 January: UK house prices and Chinese inflation

In today's Money Minute we look ahead to the latest report on house prices from Halifax; plus inflation in China and European business confidence.
8 Jan 2020

Money Minute Tuesday 7 January: will US services fare better than manufacturing?

Today's Money Minute looks ahead to the latest figures from America's services sector, plus the health of the eurozone's retail sector.
7 Jan 2020

Money Minute Monday 6 January: the week ahead

In today's Money Minute, we take a look ahead to this week’s biggest financial stories, including UK house prices and American wages.
6 Jan 2020

Most Popular

UK Economy

Britain has a new chancellor – get ready for a major spending splurge

The departure of Sajid Javid as chancellor and the appointment of Rishi Sunak marks a change in the style of our politics. John Stepek explains what's…
14 Feb 2020

Money Minute Friday 14 February: The latest from RBS, Britain's state-owned bank

Today's Money Minute previews results from RBS – Britain’s state-owned bank – and from pharma giant AstraZeneca.
14 Feb 2020

Living on a houseboat: the pros and cons of a floating home

Living on a houseboat sounds romantic and peaceful. But it’s not as straightforward as it looks, says Nicole Garcia Merida
14 Feb 2020

Is 2020 the year for European small-cap stocks?

SPONSORED CONTENT - Ollie Beckett, manager of the TR European Growth Trust, on why he believes European small-cap stocks are performing well.
12 Feb 2019