China’s Trade Balance for April, in Chinese Yuan (CNY) terms, came in at CNY689.99 billion, showing a slight cooling off from the previous figure of CNY736.72…
US economy contracts in Q1, first contraction since 2022, driven by surging imports. ADP jobs data disappoints; core PCE holds at 2.6%, stoking stagflation concerns.…
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at 3.7%, Core PCE at 2.6%…
USD/JPY slides to near 142.30 as the USD’s recovery has fizzled out. US Bessent indicated that both the US and China can reduce additional tariffs…