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WEEK 40 IN MANUFACTURING
NEWS
GBP/USD Teases Eight day top Above 1.2900 Ahead of UK Manufacturing PMI;
Made Smarter Technology Accelerator Launched for UK Manufacturing; Euro
Zone Factory Recovery Strengthened in Sept as Germany Steps up; Government
Wants to Boost Australian Manufacturing After Learning Lessons of COVID-19.
GBP/USD prints mild gains after snapping a three month rise in September.
Brexit optimism, US dollar weakness helps cable to battle the virus woes.
Tory government now has the sweeping powers to control COVID-19, EU’s Barnier sounds
optimistic off-late.
UK Manufacturing PMI, speech from BOE’s Haldane and US ISM Manufacturing PMI can
entertain traders ahead of Friday’s NFP.
Source: FXStreet
GBP/USD Teases Eight day top Above
1.2900 Ahead of UK Manufacturing PMI
One of the UK’s most advanced digital technology centres has launched the Made Smarter
Technology Accelerator for manufacturing firms.
Digital Catapult, part of the network of catapult centres including for High Value
Manufacturing, is calling for medium and large manufacturing industry partners to
participate.
Source: Production Engineering Solutions
Made Smarter Technology Accelerator
Launched for UK Manufacturing
LONDON, Oct 1 (Reuters) – The euro zone manufacturing recovery gathered pace last
month, largely driven by strength in Germany, as the region’s factories saw a surge in
demand after some coronavirus restrictions were relaxed, a survey showed.
As the pandemic raged across Europe governments imposed tough lockdowns, but as
infection rates fell many of those controls were removed. However, a resurgence in cases
has meant some restrictions have now been reimposed.
Source: Nasdaq
Euro Zone Factory Recovery Strengthened
in Sept as Germany Steps up
The Federal Government will pump close to $1.5 billion into Australia’s manufacturing
sector, outlining plans to shore up local production and strengthen supply chains in the
wake of COVID-19.
Under the manufacturing strategy unveiled on Wednesday, $107 million will be dedicated to
strengthening supply lines for essential goods.
Source: ABC news
Government Wants to Boost Australian
Manufacturing After Learning Lessons of
COVID-19
https://manufacturing-software-blog.mrpeasy.com/week-40-in-
manufacturing-news-2/
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Week 40 in manufacturing news

  • 1. WEEK 40 IN MANUFACTURING NEWS
  • 2. GBP/USD Teases Eight day top Above 1.2900 Ahead of UK Manufacturing PMI; Made Smarter Technology Accelerator Launched for UK Manufacturing; Euro Zone Factory Recovery Strengthened in Sept as Germany Steps up; Government Wants to Boost Australian Manufacturing After Learning Lessons of COVID-19.
  • 3. GBP/USD prints mild gains after snapping a three month rise in September. Brexit optimism, US dollar weakness helps cable to battle the virus woes. Tory government now has the sweeping powers to control COVID-19, EU’s Barnier sounds optimistic off-late. UK Manufacturing PMI, speech from BOE’s Haldane and US ISM Manufacturing PMI can entertain traders ahead of Friday’s NFP. Source: FXStreet GBP/USD Teases Eight day top Above 1.2900 Ahead of UK Manufacturing PMI
  • 4. One of the UK’s most advanced digital technology centres has launched the Made Smarter Technology Accelerator for manufacturing firms. Digital Catapult, part of the network of catapult centres including for High Value Manufacturing, is calling for medium and large manufacturing industry partners to participate. Source: Production Engineering Solutions Made Smarter Technology Accelerator Launched for UK Manufacturing
  • 5. LONDON, Oct 1 (Reuters) – The euro zone manufacturing recovery gathered pace last month, largely driven by strength in Germany, as the region’s factories saw a surge in demand after some coronavirus restrictions were relaxed, a survey showed. As the pandemic raged across Europe governments imposed tough lockdowns, but as infection rates fell many of those controls were removed. However, a resurgence in cases has meant some restrictions have now been reimposed. Source: Nasdaq Euro Zone Factory Recovery Strengthened in Sept as Germany Steps up
  • 6. The Federal Government will pump close to $1.5 billion into Australia’s manufacturing sector, outlining plans to shore up local production and strengthen supply chains in the wake of COVID-19. Under the manufacturing strategy unveiled on Wednesday, $107 million will be dedicated to strengthening supply lines for essential goods. Source: ABC news Government Wants to Boost Australian Manufacturing After Learning Lessons of COVID-19
  • 7.