Canada’s Trade Deficit Narrows in March 2025
In March 2025, Canada recorded a trade deficit of CAD 0.51 billion, a sharp improvement from the CAD 1.41 billion deficit in February. The improvement was driven by a decline in imports and a notable shift in export destinations, particularly...
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Eurozone in April: A Fragile Private Sector Recovery Balancing on the Edge
April brought another month of cautious optimism to the Eurozone. The latest data shows the HCOB Composite PMI slipping to 50.4—just above the growth-contraction threshold and slightly outperforming early forecasts. It’s the fourth month in a row that the Eurozone’s...
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China’s Service Sector Loses Momentum in April
In a sign that China’s post-pandemic recovery may be hitting turbulence, the Caixin Services Purchasing Managers’ Index (PMI) dipped to 50.7 in April 2025. This decline from March’s 51.9 not only missed market forecasts but also marked the slowest pace...
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Surprise Jump in U.S. Services Sector: ISM Hits 51.6 in April 2025
In a surprising move, the U.S. ISM Services PMI rose to 51.6 in April 2025, well above market expectations of 50.6. This marks a significant rebound from the 9-month low of 50.8 in March, suggesting continued growth in the country’s...
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The End of an Era: Warren Buffett Steps Down, Greg Abel Takes the Helm
Legendary investor and 94-year-old CEO of Berkshire Hathaway, Warren Buffett, has officially announced that he will step down at the end of this year. The baton will be passed to Greg Abel, marking the close of over 60 years of...
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