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Funtap/iStock via Getty Images China's consumer prices rose at a steady rate in May, while producer price deflation moderated slightly, indicating that measures taken by the Chinese government to stimulate the economy are beginning…

Via Oilprice.com:--The expectations I saw focused on:Main crude -1.05 million barrelsDistillates +1.6 million barrelsGasoline +0.9 million---This data point is from a special survey conducted by the American Petroleum Institute (API).It is…

precedent 4.3%Employment change -140k vs. -100k expectedBefore -177 thousandAverage weekly income is +5.9% vs. +5.7% 3-month/year forecastPrevious +5.7%; Revised to +5.9%Average weekly income is +6.0% vs. +6.1% 3-month/year…

As expected, the European Central Bank cut interest rates by 25 basis points, but surprisingly dampened the prospects for further easing soon. Policy makers had a near unanimous vote to cut the deposit rate to 3.75% and the key…

By Fergal Smith TORONTO (Reuters) - A Reuters poll showed that the Canadian dollar is set to rise less than previously expected over the next year if the Bank of Canada begins cutting interest rates before the Federal Reserve (US central…

The Australian economy grew by 0.1% q/q in the first quarter of 2024, slower than the 0.3% q/q rise in the previous quarter and the 0.2% q/q increase that markets had expected. Overall, there was weak domestic demand as increased…

On Wednesday, Citi reiterated a Buy rating on shares of Equinix (NASDAQ:), with a price target of $1,020.00. The company's positive position is based on Equinix's ability to benefit from the ongoing digital transformation of the…

Once again, Spain remains the bright spot in the Eurozone. This represents the largest increase in activity in more than a year. HCOB notes that:“In May, Spain's services sector continued to expand. Both activity and new business saw…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Final Manufacturing PMI 51.2 vs. 51.3 expected and 49.1 previous.Key findings:Manufacturing PMI at 51.2 in May Production is rising in all major subsectors and size categories.Business optimism rises to 27-month highcomment:Commenting on…