Financial News
- Bob Mason
China exports and imports tumbled in July, reflecting weak demand and aligning with the Caixin Manufacturing PMI. Beijing stimulus chatter could resurface.
- James Hyerczyk
Eurozone’s Sentix index rises 3.6 points, halting decline; Germany’s index falls for fourth month, hitting -30.7 points.
- Bob Mason
The week ahead will be another tricky one for investors. While the US CPI Report will impact, stats from the UK, Germany, and China also need consideration.
- Vladimir Zernov
Treasury yields declined as U.S. economy’s job growth missed analyst estimates.
- James Hyerczyk
In July, the US economy’s job growth fell short of expectations, though average hourly earnings rose as unemployment dipped.
- Vladimir Zernov
According to the report, the majority of respondents stay cautiously optimistic about business conditions and the overall economy.
- James Hyerczyk
The MPC hiked the Bank Rate to 5.25%, signaling their commitment to maintain price stability amid rising inflation.
- Bob Mason
Germany’s trade report showed a modest increase in exports and a marked decline in imports in June, reflecting the weak demand environment.
- Bob Mason
It was a busy morning for the markets, with service sector activity in focus. However, the China Caixin Services PMI surprised the markets.
- Dennis Shen
Scope Ratings has never rated the United States AAA. Ever since the agency published AA ratings on the US in September of 2017, Scope has never rated the borrower higher than this level.
- Vladimir Zernov
Oil markets are moving lower as traders take some profits off the table after the recent rally.
- James Hyerczyk
The US private sector witnessed a remarkable surge in job numbers during July, with a staggering 324,000 jobs created, exceeding all expectations.
- Vladimir Zernov
The report indicated that U.S. manufacturing sector remained under pressure.
- James Hyerczyk
The headline HCOB Germany Manufacturing PMI® falls to 38.8 in July, marking the lowest reading since May 2020.
- Bob Mason
The all-important China Caixin Manufacturing PMI unexpectedly fell to below 50, marking a sector contraction. Weak domestic and overseas demand weighed.
- Vladimir Zernov
The report highlighted the improvement in expectations regarding future manufacturing activity.
- James Hyerczyk
Dip in Euro Area inflation in July is expected to provide relief for policymakers and consumers.
- Bob Mason
The week ahead is a particularly busy one, with economic indicators capable of swinging sentiment toward monetary policy in either direction.
- Vladimir Zernov
The report showed a sharp rise in sentiment but fell short of analyst expectations.
- James Hyerczyk
Inflation showed further signs of cooling in June, according to the PCE gauge released Friday that the Federal Reserve follows closely.