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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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15 May, 2026 12:49 pm
Gold Crumbles for Fourth Straight Day: Hot U.S. Data Crushes Rate Cut Hopes as Trump Vows Iran “Military Decimation”
Key Takeaways Sharp decline: Spot gold fell 1.6% to $4,578.74 per ounce, while U.S. gold futures sli…
15 May, 2026 11:02 am
Oil Roars 2% Higher as Trump Warns “Patience Running Out” with Iran: Weekly Gains Hit 8% Despite Xi Summit Hopes
Key Takeaways Strong gains: Brent crude rose 1.9% to $107.69 per barrel, while WTI advanced 2.2% to …
15 May, 2026 10:13 am
Trump’s China Bombshell: Xi Agrees to Buy U.S. Oil, 200 Boeing Jets — and Cut Off Weapons to Iran
Key Takeaways Energy deal: Trump says China has agreed to buy U.S. oil and energy after talks with X…
15 May, 2026 9:33 am
Asian Chip Stocks Crash as U.S. Snubs Sales Talk: KOSPI Plunges 3.5% Despite Trump-Xi Charm Offensive
Key Takeaways KOSPI tumbles: South Korea’s index plunged 3.5% — the worst performer in Asia — …
15 May, 2026 3:37 am
Japan’s Finance Minister Signals Flexible Support Measures as Rising Energy Costs Pressure Households
Japan is preparing to take a more flexible economic approach as rising global energy costs continue …
15 May, 2026 2:45 am
Wall Street at Record Highs as Trump–Xi Talks Ignite Tech Rally, Boost Investor Optimism
Nvidia Leads Market Gains After China Chip BreakthroughWall Street closed sharply higher on Thursday…
15 May, 2026 1:47 am
Gold and Silver Prices Fall as Strong US Dollar and Inflation Concerns Shake Global Markets
Gold and silver prices moved lower on Thursday as investors reacted to stronger US economic data, ri…
15 May, 2026 12:56 am
US Retail Sales Could Delay Interest Rate Cuts for Longer
US retail sales recorded another increase in April, partly driven by rising prices, signaling that i…
14 May, 2026 11:45 pm
Fed Leadership Shake-Up: Miran Resigns as Warsh Prepares to Take Over
The US Federal Reserve is undergoing a notable leadership transition following the resignation of Go…
14 May, 2026 9:34 pm
Euro Slides as Strong US Economy Pushes Dollar Higher
The euro remained under pressure on Thursday as the US dollar continued its powerful rally following…
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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