Germany's flash composite PMI rose to 50.9 in August from 50.6, the highest since March and above market expectations of 50.2. Still, it was below the long-run 52.6 average, signaling modest growth.
Manufacturing led with output at 52.6 on stronger new orders, while services stagnated at 50.1. Employment dipped, and cost pressures picked up, though overall growth remained limited.
Source: Trading Economics
U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association f...
U.S. President Donald Trump said fiscal revenue from his trade tariffs is set to "skyrocket" in the coming months as inventory levels among local importers run dry. Trump said in a Truth.Social post ...
U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand, leading to a piling up of unsold goods that could hinder growth in the ov...
President Donald Trump's tariff increases on imports from foreign countries will reduce U.S. deficits by $3 trillion if they are maintained through 2035, the non-partisan Congressional Budget Office e...
US job growth accelerated in September and the unemployment rate rose slightly, suggesting the labor market was showing signs of stabilization before the government shutdown. Nonfarm payrolls increas...
US stocks rallied at the start of the holiday-shortened week, with the S&P 500 rising 1.6%, the Nasdaq surging 2.6%, and the Dow Jones Industrial Average rising more than 300 points as investors grew more confident that the Fed would soon ease...
Oil prices rose about 1% on Monday as rising bets on US interest rates in December offset the prospect of a peace deal in Ukraine that could lead to the easing of sanctions on Russian oil. Brent crude futures rose 78 cents, or 1.3%, to $63.34 a...
Gold prices rose near $4,120 per ounce on Monday (October 24th) after a modest weekly decline as investors awaited US retail sales and PPI data due on Tuesday and weekly jobless claims on Wednesday. Comments from New York Fed President John...
U.S. President Donald Trump said fiscal revenue from his trade tariffs is set to "skyrocket" in the coming months as inventory levels among local...
Asia-Pacific markets started the week with gains after New York Fed President John Williams signaled that a third interest rate cut is still...
Chinese President Xi Jinping pressed U.S. President Donald Trump on the status of the self-governing island of Taiwan and urged his counterpart to...
European stocks rose Monday, starting the new week on a positive note given renewed optimism that the U.S. Federal Reserve can cut interest rates...