US service sector grows more quickly than forecast...but jobs come in lower than expectedFTSE 100 hits unique 3 month low on global slowdown fearsUK building growth weakensCIPS: Clouds of uncertainty over building sectorEurozone’s gradual recovery continuesMiners are dragging the FTSE down 6.04pm BSTContinuing concerns approximately the state of the global economy after a series of disappointing data from around the world continued to send shares lower. destitute UK construction figures and lower than forecast US private sector job numbers from ADP were the latest repots to unsettle investors.
Meanwhile oil slipped back from its early highs after a higher than expected increase in US crude stocks,while metal prices suffered on worries approximately China after its recent weak manufacturing figures. So commodity companies were among the biggest fallers. 5.38pm BSTIn its statement, the ECB said:It has decided to permanently stop producing the €500 banknote and to exclude it from the Europa series, and taking into account concerns that this banknote could facilitate illicit activities. The issuance of the €500 will be stopped around the end of 2018,when the €100 and €200 banknotes of the Europa series are planned to be introduced.
Continue reading...
Source: theguardian.com