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...
Read more
Germany’s Consumer Confidence Slips in July 2025
Germany’s latest GfK Consumer Climate Index shows a slight dip in sentiment, with consumer confidence falling to -20.3 in July 2025, the first decline in four months. Despite improvements in economic and income expectations, rising concerns over U.S. trade policy...
Read more
Iran–Israel Ceasefire Turns Asian Markets Green
Markets across Asia surged on Tuesday after a temporary ceasefire was declared between Iran and Israel. The ceasefire, though fragile, triggered a wave of risk-on sentiment, pushing equity markets higher, sending oil prices sharply lower, and boosting hopes for monetary...
Read more
Gold Prices Dip to 2-Week Low: Iran-Israel Ceasefire
After weeks of geopolitical tension and speculation around U.S. monetary policy, gold prices dip to their lowest since early June. A temporary ceasefire between Iran and Israel, along with hints of a rate cut by the Federal Reserve, has shifted...
Read more
Canada’s Inflation Stability in May 2025: Below Central Bank Target
Canada’s annual inflation rate remained steady at 1.7% in May 2025, marking the second month in a row that inflation stayed below the Bank of Canada’s 2% target. This indicates a continued easing of price pressures in the economy, influenced...
Read more