China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly contracted to 48.3 in May from 50.4 in April, according to the latest data released on Tuesday.…
EUR/USD slips to near 1.1310 as the flash Eurozone PMI data surprisingly contracted in May. US President Trump warns that Russia could avoid ending the…
The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
The UK Retail Sales jumped 1% MoM in February, a positive surprise. Monthly core Retail Sales for the UK rose 1% in February. GBP/USD keeps range…
GBP/USD shrugs as UK GDP unexpectedly declines The British pound has edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in…
UK Services PMI rose slightly to 51.1 in February, a positive surprise. Manufacturing PMI in the UK unexpectedly declined to 46.4 in February. GBP/USD holds…
Created on February 12, 2025 US Inflation Hits 3% The US consumer price index (CPI) climbed higher for a fourth consecutive month in January 2025.…