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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Bitcoin Holds Steady Amid Hacker Arrest and India’s Reserve Proposal
While crypto markets were hit with two major headlines, the arrest of a notorious BreachForums hacker and India’s proposal to establish national Bitcoin reserves, Bitcoin Holds Steady, with its price showing minimal volatility on Friday and hovering around $107,600. This...
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Gold Falls as Iran-Israel Ceasefire Holds
Gold Falls as prices dropped on Friday due to fading investor demand for safe-haven assets following a ceasefire between Iran and Israel. Attention has now shifted toward key U.S. inflation data, particularly the Core PCE index, which could influence Federal...
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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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