• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Posted By Global Banking and Finance Review

    Posted on July 3, 2025

    Featured image for article about Finance

    (Refiles to remove extraneous letters at start of first paragraph)

    PARIS (Reuters) -France's services sector showed signs of stabilising in June, with the pace of contraction in business activity reaching its slowest rate in nine months, a survey by S&P Global showed on Thursday.

    The HCOB France Services final PMI for June rose to 49.6 points from 48.9 in May, indicating only a very slight reduction in activity in the sector. A reading below 50 suggests contraction while above that signals growth.

    The final June services PMI figure came in above the flash June services PMI figure of 48.7 points.

    Jonas Feldhusen, junior economist at Hamburg Commercial Bank, said S&P Global's survey showed growth in new export orders and increased business confidence, although uncertainty over U.S. President Donald Trump's tariffs could weigh on sentiment.

    "Business sentiment among French service providers improved markedly in June. Easing inflationary pressures and a less restrictive monetary policy stance are expected to support household consumption and business investment over the coming year," said Feldhusen. 

    "However, uncertainty surrounding potential tariff measures -pending a decision on July 8 - could weigh on sentiment in the near term. In light of still-muted demand conditions, service sector firms are actively exploring opportunities to adjust staffing levels downward," he added.

    The final June composite PMI, which combines the manufacturing and services sectors, slipped to 49.2 points from 49.3 in May, indicating a continued slight reduction in private sector business activity. Still, the final reading was above the flash figure of 48.5 points.

    (Reporting by Sudip Kar-Gupta; Editing by Hugh Lawson)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe