China’s NBS Manufacturing PMI unexpectedly contracts to 49.5 in May vs. 50.5 expected
China’s official Manufacturing Purchasing Managers’ Index (PMI) dropped from 50.4 in April to 49.5 In
Forex Today: Inflation data from Eurozone and US to ramp up market volatility
Here is what you need to know on Friday, May 31: Following the choppy action
German Retail Sales decline 0.6% YoY in April vs. 0.3% previous
Germany’s Retail Sales dropped by 1.2% MoM in April, having reported a 1.8% jump in March, the
US core PCE inflation set to steady at 2.8% in April, risking chances of Federal Reserve rate cuts
The core Personal Consumption Expenditures Price Index is set to rise 0.3% MoM and 2.8%
US: Economic resilience despite higher rates – Part two
Faced with a significant increase in official interest rates, companies have been surprisingly resilient. Can
US CB Consumer Confidence Index improves to 102.00 in May
CB Consumer Confidence recovered above 100.00 in May. US Dollar Index edged higher to the
Australia’s monthly CPI inflation rises to 3.6% YoY in April vs. 3.4% expected
Australia’s monthly Consumer Price Index (CPI) increased at an annual pace of 3.6% in the year to
IMF lifts China’s economic growth target from 4.6% to 5% in 2024
Having upgraded China’s economic growth target from 4.6% to 5% in 2024 on a strong
Forex Today: Major currency pairs stay in familiar ranges, eyes on German inflation
Here is what you need to know on Wednesday, May 29: Major currency pairs are
Fed Chair Powell to likely sound more cautious than usual – TD Securities
Analysts at TD Securities share a brief preview of this week’s key macroeconomic events from