German DAX Index Drops Below 24,000 as Retail Weakens
On Monday, Germany’s benchmark DAX 40 index, also known as the German DAX Index, fell decisively below the key psychological level of 24,000, driven by disappointing economic indicators and mounting uncertainty over international trade policy. Traders reacted to: Key Economic...
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Germany Inflation Hits ECB Target in June
In June 2025, Germany’s annual consumer inflation eased to 2.0%, down from 2.1% in May. This figure not only marks the lowest inflation rate since October 2024, but also aligns precisely with the European Central Bank’s (ECB) 2% target, a...
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Government Support and New Orders Fuel Mild Manufacturing Recovery in China
China’s official Manufacturing Purchasing Managers’ Index (PMI) rose slightly to 49.7 in June 2025 from 49.5 in May, aligning with market expectations. Although still below the 50-mark that separates contraction from expansion, this is the mildest contraction in three months,...
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US Core PCE Inflation Rises in May 2025 as Income and Spending Decline
Despite hopes for a broader disinflation trend, core inflation (the Fed’s preferred metric) rose 0.2% in May, in line with forecasts. On a yearly basis, however, the Core PCE came in at 2.7%, slightly higher than the market’s expectation of...
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European Markets Rebound as Ceasefire and Trade Talks Boost Confidence
After weeks of uncertainty due to Middle East tensions and US, China tariff disputes, investors are finally breathing a sigh of relief. A ceasefire agreement between Iran and Israel, along with positive signals from global trade negotiations, helped restore calm...
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