Australian Business Confidence Turns Positive
After months of sluggish sentiment, Australian businesses are finally showing cautious optimism but the rebound comes with major caveats. Let’s dive into the latest NAB survey and what it means for markets. Key Takeaways at a Glance Business Confidence: +2 (up from -1...
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China’s Trade Surplus Surges in May Amid Sharp Import Decline
China’s trade data for May 2025 revealed a significant increase in the trade surplus, reaching $103.22 billion, well above the $81.74 billion recorded in the same month last year—and even beating market expectations of $101.3 billion. 🔍 The driving forces?...
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China’s Consumer Inflation Dips Again!
China’s economic recovery is still facing headwinds. In May 2025, the Consumer Price Index (CPI) in China declined by -0.1% year-over-year, marking the fourth consecutive month of deflation. While slightly better than market expectations of a -0.2% drop, the latest...
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US Nonfarm Payrolls Increase by 139,000 in May 2025
The latest U.S. labor market data shows continued job growth in May 2025, with nonfarm payrolls rising by 139,000. While this number surpasses market expectations of 130,000 jobs, it marks a slight slowdown compared to the revised April figure of...
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Canada’s Unemployment Rate Hits 7% in May 2025
Canada’s labor market showed signs of strain in May 2025, with the unemployment rate climbing to 7.0%, up from 6.9% in April. This marks the highest unemployment level since September 2021 — nearly four years ago — and exceeded economists’...
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