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US Initial Jobless Claims Rise to 226,000, Indicating Labor Market Softening

US Initial Jobless Claims Rise to 226,000, Indicating Labor Market Softening

Key Takeaways US Initial Jobless Claims Signal Labor Market Weakness...

Bank of England Cuts Interest Rate to 4% in Historic Split Vote

Bank of England Cuts Interest Rate to 4% in Historic Split Vote

The Bank of England cut interest rates to 4% in...

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China’s Services PMI Falls to 9-Month Low – What It Means for the Global Economy

China’s Services PMI Falls to 9-Month Low – What It Means for the Global Economy

In June 2025, China’s services sector delivered one of its weakest performances in the past nine months. The Caixin China General Services PMI fell to 50.6, below market expectations of 51.0 and May’s reading of 51.1.This soft reading signals broader...
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Trump Family-Backed American Bitcoin Raises $220M

Trump Family-Backed American Bitcoin Raises $220M

The crypto world is buzzing once again—this time with a political twist. American Bitcoin, a newly launched mining company supported by Eric Trump and Donald Trump Jr., has made headlines with a massive $220 million fundraising round. Here’s everything you...
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Slower Contraction in U.S. Manufacturing Activity: ISM Index Hits 49!

Slower Contraction in U.S. Manufacturing Activity: ISM Index Hits 49!

The U.S. ISM Manufacturing PMI for June 2025 came in at 49, slightly up from 48.5 in May and above expectations of 48.8. Despite this improvement, the index still signals a contraction in industrial activity for the fourth consecutive month....
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Eurozone Inflation Hits ECB Target of 2.0% in June

Eurozone Inflation Hits ECB Target of 2.0% in June

Summary: Euro area inflation rises slightly to meet the ECB’s 2% target, but sticky service prices and unchanged core inflation may delay interest rate cuts. Key Eurozone Inflation Figures – June 2025 (Flash Estimate) Indicator June 2025 May 2025 Trend...
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China’s Manufacturing Activity Rebounds in June

China’s Manufacturing Activity Rebounds in June

China’s Caixin Manufacturing PMI jumped unexpectedly to 50.4 in June 2025, rising sharply from 48.3 in May, its lowest point since September 2022. This reading beats market expectations of 49.0 and marks a return to expansionary territory for the first...
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