The latest Federal Reserve (Fed) Beige Book, a summary of interviews with businesses, economists, and market experts, revealed that although business activity remains healthy overall…
The US Dollar edges lower on Friday in thin holiday trade, snapping a two-day winning streak. Tariff tensions resurface as Trump prepares to send letters…
US crude Oil production rose to a record level of 13.47 million barrels per day in April, according to the US Energy Information Administration, Commerzbank’s…
The oil market strengthened over the last week thanks to a variety of global events, with the ICE Brent Aug-25 contract settling almost 5.9% higher.…
Bank of Canada (BoC) Deputy Governor Sharon Kozicki warned on Thursday that a growing number of Canadian businesses are bracing for a general slowdown in…
Official manufacturing PMI edged up to 49.5 in May on improved new orders and production. Real activity and export growth likely remained resilient on 2Y…
The EUR/GBP pair retreats on Thursday, snapping a three-day rally to trade near 0.8420 during the American session. Weaker-than-expected Eurozone PMI data increases pressure on…
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack noted during an interview with Axios that still-brewing US government policies continue to make it increasingly…
Activity data points to softening momentum from Q1, but industrial production has held up. Frontloaded exports and macro policy implementation to continue to support growth…
GBP/USD is pressured as risk sentiment wavers and the Fed is seen cutting later than the BoE. UK manufacturing contracts for seventh month; traders price…