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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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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