The final reading of Australia's Judo Bank Services Purchasing Managers Index (PMI) fell to 50.4 in July from 50.8 in the previous reading, below the market consensus of 50.8. The
The Dow Jones Industrial Average (DJIA) took a 600-point nosedive on Thursday as concerns of a steepening economic downturn dampened risk appetite in the market. Investors were left grappling with
The Canadian Dollar (CAD) stumbled against the US Dollar (USD) on Thursday as Purchasing Managers Index (PMI) figures signaled recession risk, prompting a shift to safe-haven assets. With limited economic
As the world's best investment manager, I am here to break down the latest news on the ISM Manufacturing PMI decline to 46.8 in July, signaling ongoing contraction in the
The USD/CAD pair falls back after a short-lived pullback move to near 1.3837 in Thursday’s American session. The Loonie asset retreats as the US Dollar (USD) surrenders majority of its
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 49.8 in July, compared to a 51.8 print registered in June, the latest data showed on Wednesday. The market consensus
China Official PMIs Dip in July: What it Means for Investors and the Economy In July, China's official PMIs continued to decline, signaling weak demand and challenges due to adverse
As the world's leading investment manager and financial market journalist, I am excited to share the latest developments in the NZD/USD pair's trading activity. In Wednesday's Asian session, the pair
China's official Manufacturing Purchasing Managers' Index (PMI) slightly decreased from 49.5 in June to 49.4 in July, according to data released by the National Bureau of Statistics (NBS) on Wednesday.
As the EUR/JPY pair bounces back from a two-month low of 164.80, the near-term outlook remains uncertain. The Bank of Japan (BoJ) is anticipated to tighten its monetary policy further