Federal Reserve Beige Book: Modest U.S. Growth Amid Inflation
The latest Federal Reserve Beige Book, based on data collected through February 24, 2025, shows that the U.S. economy has experienced slight but uneven growth since mid-January. While some regions saw moderate expansion, others reported stagnation or slight declines, with...
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Unexpected Growth in the US ISM Services PMI
The latest ISM Services PMI report for February 2025 surprised analysts with a stronger-than-expected expansion in the US services sector. The index climbed to 53.5, up from 52.8 in January and exceeding market expectations of 52.6. This growth signals resilience...
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China’s Services Sector Sees Unexpected Growth in February 2025
China’s Caixin China General Services PMI rose to 51.4 in February 2025, up from 51.0 in January, surpassing market expectations of 50.8. This increase suggests a steady recovery in the country’s services sector, driven by stronger demand and rising foreign...
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Gold Prices Surge as Investors Seek Safe-Haven Assets
Gold prices soared to $2,915 per ounce on Tuesday, approaching last week’s record high of $2,950. This sharp increase comes amid escalating trade tensions and growing investor demand for safe-haven assets. But what’s driving this rally, and what does it...
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Escalating Trade War: Trump’s New Tariffs on China, Canada, and Mexico
On March 4, 2025, U.S. President Donald Trump implemented a series of new tariffs targeting China, Canada, and Mexico. This move has reignited tensions between the countries involved and raised concerns about the potential for a wider global economic impact....
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