'It appears that fears about inflation eroding margins are so far unfounded. The IHS Markit Composite Purchasing Managers' Index (PMI) rose to 57.8 in October from 54.9 in September, its highest since July and well above an initial flash estimate of 56.8. In the UK, British businesses reported faster growth in October, helped by fewer curbs on foreign travel, but the Bank of England is likely to be worried about record rises in the costs faced by businesses, which are being passed on to consumers. The eurozone jobless rate fell to 7.4% in September from 7.5% in August, data from the European Union's statistics agency, Eurostat, showed, below the 7.5% forecast by economists. In regional economic news, the jobless rate in the euro zone declined in September after a strong economic recovery over summer. The US Federal Reserve is expected to announce a tapering of its its $120bn monthly bond-buying programme and the Bank of England tipped to lift interest rates amid rising inflation. The pan-European Stoxx was flat having risen 0.2% in early deals.

Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds.Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so.Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services.Obtains access to the information in a personal capacity.I am a private investor* I am not a private investor *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

Teamviewer stock forecast