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Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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13 February, 2025 2:09 am
BoC Meeting Minutes Reveal Canada’s Monetary Policy Challenge
The Bank of Canada faces a complex challenge. Recent meeting minutes reveal that potential US tariff…
13 February, 2025 1:21 am
Is Bitcoin’s Rebound A Sign of Shifting Tides?
Bitcoin’s recent price action has sparked considerable interest, particularly its swift recove…
13 February, 2025 12:31 am
Gold’s Wild Week: XAU/USD recovers 0.20% after diving on hot CPI report
Gold prices recovered 0.20% and are trading at $2,902 per ounce after having experienced a tumultuou…
12 February, 2025 11:14 pm
Wall Street’s Latest Earnings Season: A Story of Two Realities
US companies have delivered a robust earnings season, exceeding expectations and demonstrating signi…
12 February, 2025 10:22 pm
Rate Cuts Sharply Dimmed Following Hot CPI Report, Powell’s Hawkish Rhetoric
Expectations for Federal Reserve interest rate cuts have taken a significant hit following the relea…
12 February, 2025 9:35 pm
Pound Sterling Under Pressure: US CPI Data Triggers Dollar Rally
The GBP/USD fell below 1.2400 after stronger-than-expected US inflation data was released. The pair …
12 February, 2025 8:26 pm
Powell Testimony Live: Will Recent Inflation Data Impact the Fed’s Plans
Jerome Powell, Chairman of the U.S. Federal Reserve (Fed), testifies once again on the semiannual Mo…
12 February, 2025 7:18 pm
US Consumer Price Inflation Exceeds Market Expectations
US consumer price index (CPI) readings for January showed a higher-than-expected increase, driven by…
12 February, 2025 5:23 pm
Oil Prices Decline as U.S. Crude Stockpiles Rise and Powell Signals Cautious Rate Cuts
Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S.…
12 February, 2025 3:16 pm
U.S. Futures Edge Lower Ahead of Key Inflation Report
U.S. stock index futures dipped slightly on Wednesday as investors awaited a crucial consumer inflat…
Market Analysis
July, 2020
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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