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Four reasons why interest rates could stay higher for longer
The Telegraph via Yahoo Finance· 5 hours agoTo begin with, the most recent news on inflation has indeed been reassuring. Business surveys...
ISM® Manufacturing index Decreased to 48.7% in May
Calculated Risk· 6 days agoThe ISM manufacturing index indicated expansion. The employment index was at 51.1%, up from 48.6% the previous month, and the new orders index was at 45.4%, down from 49.1%. Economic activity ...
US ISM Manufacturing PMI drops to 48.7 in May vs. 49.6 expected
The Forex Market· 6 days agoThe business activity in the US manufacturing sector contracted at an accelerating pace in May, with...
UK service sector growth eases as inflation pressures drop to three-year-low
PA Media: Money via Yahoo Finance· 4 days agoJoe Hayes, principal economist at S&P Global Market Intelligence, said: “The PMI survey for May...
Canadian factory PMI slips to four-month low in May By Reuters
Investing.com· 6 days agoIt left the PMI below the 50 threshold for the 13th straight month, the longest such stretch in data...
Australian Manufacturing PMI Points to Recovery, Price Pressures
The Wall Street Journal· 7 days agoActivity in Australia’s manufacturing sectors could be entering a recovery phase, with firms...
Pound Sterling corrects amid uncertainty ahead of US data-packed week
The Forex Market· 6 days agoThe Pound Sterling faces a sell-off near 1.2750 ahead of a US data-packed week. Investors await the...
Sweden Manufacturing Growth Strongest In 2 Years
RTT News· 6 days agoSweden's manufacturing activity expanded at the fastest pace in two years in May, survey data from Swedbank and the logistics association SILF showed on Monday. The purchasing managers' index ...
Economies are looking stronger
The Forex Market· 5 days agoGrowth and to some extend inflation are exceeding expectations in the major economies, pointing to fewer and slower rate cuts. In euro area, we expect...
Wall Street Might Open Moderately Up
RTT News· 6 days agoAs there are not many economic announcements, investors might be looking for geopolitical cues on Monday. Early signs from the U.S. Futures Index suggest that Wall Street might open moderately up on Monday.