U.S. Economy Contracts 0.5% in Q1 2025
The U.S. economy shrank by 0.5% in the first quarter of 2025, marking the first quarterly contraction since the pandemic-driven collapse in early 2020. This deeper-than-expected decline reflects a broad-based slowdown in domestic demand, trade activity, and government spending —...
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U.S. Factory Orders Soar in May 2025
The U.S. manufacturing sector just posted its strongest growth in over a decade, as factory orders jumped 16.4% in May 2025, far surpassing market expectations of 8.5%. This surprise surge was primarily fueled by a massive increase in civilian aircraft...
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Germany’s Consumer Confidence Slips in July 2025
Germany’s latest GfK Consumer Climate Index shows a slight dip in sentiment, with consumer confidence falling to -20.3 in July 2025, the first decline in four months. Despite improvements in economic and income expectations, rising concerns over U.S. trade policy...
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Iran–Israel Ceasefire Turns Asian Markets Green
Markets across Asia surged on Tuesday after a temporary ceasefire was declared between Iran and Israel. The ceasefire, though fragile, triggered a wave of risk-on sentiment, pushing equity markets higher, sending oil prices sharply lower, and boosting hopes for monetary...
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Canada’s Inflation Stability in May 2025: Below Central Bank Target
Canada’s annual inflation rate remained steady at 1.7% in May 2025, marking the second month in a row that inflation stayed below the Bank of Canada’s 2% target. This indicates a continued easing of price pressures in the economy, influenced...
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