Towards a fiscal consolidation which is spread over time but even more constrained than in France
The Spending Review and the GBP 725 billion ten-year infrastructure plan, unveiled on 11 and 19 June, respectively,…
US S&P Global Manufacturing PMI holds at 52 in June, Services PMI declines to 53.1
Business activity in the US private sector continued to expand in June. US Dollar Index clings to modest…
Initial Jobless Claims rose to 248K last week
Initial Jobless Claims rose to 248K vs. the previous week. Continuing Jobless Claims went up to 1.956M. US…
US and China play nice—for now
Wall Street tiptoed into the new week like a cat burglar in dress shoes—deliberate, quiet, and fully aware…
Private sector employment in US rises 37,000 in May vs. 115,000 forecast
Private sector employment in the US rose by 37,000 in May and annual pay was up 4.5% year-over-year,…
German Industrial Production declines 1.4% MoM in April vs. -1% expected
Germany’s industrial sector activity fell more than expected in April, according to the latest data published by Destatis…
Will May PMIs remain in expansion territory?
The S&P Global advanced May PMIs are expected to show a slight dip in the manufacturing sector. Markets…
Initial Jobless Claims dropped to 228K last week
Initial Jobless Claims ticked lower to 228K. Continuing Jobless Claims eased to 1.879M. US citizens filing new applications…
German Industrial Production jumps 3% MoM in March vs. 0.8% expected
Germany’s industrial sector activity increased more than expected in March, according to the latest data published by Destatis…
NFP expected to show less hiring from US firms in April as uncertainty weighs
Nonfarm Payrolls are expected to rise by 130K in April, lower than the 228K gain reported in March.…