US Initial Jobless Claims Rise to 226,000, Indicating Labor Market Softening
Key Takeaways US Initial Jobless Claims Signal Labor Market Weakness In the final week of July 2025, initial jobless claims in the US increased by 7,000 to 226,000, surpassing market forecasts of 221,000. This rise highlights growing signs of cooling...
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Bank of England Cuts Interest Rate to 4% in Historic Split Vote
The Bank of England cut interest rates to 4% in August 2025, marking the first reduction in over a year and the lowest level since March 2023. The decision, which came through a rare two-round vote, reflects growing tension between...
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China’s Trade Surplus Slips Below Forecasts in July Despite Strong Export Growth
📌 Key Takeaways Exports Outperform, But Surplus Falls Short of Expectations China recorded a trade surplus of USD 98.24 billion in July 2025, falling short of the anticipated USD 105 billion. While the number came in under expectations, it still...
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Trump Imposes 25% Tariff on Indian Imports Over Russian Oil Ties
✅Key Takeaways Trump Signs Order for New Tariffs on Indian Imports President Donald Trump signed an executive order on Wednesday introducing a new 25% tariff on all imports from India, citing India’s ongoing purchase of Russian oil as a significant...
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U.S. Services Sector Stalls in July as ISM PMI Falls Amid Tariff Pressures
Key Takeaways ✅ U.S. Services PMI Nears Stagnation in July 2025 The U.S. services PMI slipped to 50.1 in July 2025, down from 50.8 in June, and well below market forecasts of 51.5, according to the latest ISM data. This...
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