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…
Employment, inflation risks roughly in balance
Federal Reserve Bank of San Francisco President Mary Daly said on Friday that she sees the Fed’s monetary…
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…
Pound Sterling underperforms as UK economy shrinks at a faster-than-expected pace
The Pound Sterling faces a sharp selling pressure against its major peers as the UK economy declined at…
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,…
Gold ticks up on Russia-Ukraine tensions, EU-US trade optimism restricts upside
Gold price recovers to near $3,305 despite increasing hopes for a US-EU trade deal. Russia’s Putin demands that…
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…
Japan’s Kato says unsustainable imbalance in some countries behind trade imbalance
US Secretary Scott Bessent and Japan’s Finance Minister Shunichi Kato discussed important issues pertaining to the US-Japan economic relationship,…
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…
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.…