International Economic
German industrial production unexpectedly falls, exports tick higher
German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint.
China's trade surplus jumps to four-month high
China's trade surplus expanded to a three-month high in May as exports rose more than expected.
US jobless claims come in ahead of expectations
Americans lined up for unemployment benefits at an accelerated clip in the week ended 1 June, according to the Department of Labor.
ECB cuts rates for first time in five years
The European Central Bank cut interest rates by 25 basis points on Thursday, as widely expected.
Eurozone retail sales fall more than expected
Retail sales in the eurozone fell more than expected in April declining across all major categories, according to data released on Thursday by Eurostat.
Eurozone construction sector continues to struggle
The Eurozone’s beleaguered construction sector saw another sharp fall in orders in May, official data showed on Thursday, weighing heavily on employment.
German factory orders decline for fourth straight month
Factory orders in Germany registered an unexpected fall in April, declining for the fourth month in a row despite predictions of a slight rebound.
Bank of Canada cuts rates by 25 basis points, as expected
The Bank of Canada cut interest rates on Wednesday by 25 basis points, as widely expected.
US services activity recovers in May, ISM says
Activity in the US services sector improved noticeably during the previous month, the results of a closely followed survey showed.
US services activity picks up in May, S&P says
Services sector activity in the States picked up noticeably midway through the second quarter of 2024, the results of a survey revealed.
US private sector adds fewer jobs than expected in May - ADP
Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP.
Eurozone composite PMI revised slightly lower, but still hits 12-month high
Economic growth in the eurozone's private sector was revised slightly lower for May, according to final estimates of the region's composite purchasing managers' index (PMI) by S&P Global and Hamburg Commercial Bank (HCOB).
China’s services sector expands again in May - Caixin
Activity in China’s services sector accelerated in May at its fastest pace in 10 months, according to data released on Wednesday.
US job openings hit three-year low in April
US companies advertised fewer positions still in April, a possible reflection of the ongoing cooldown in the demand for labour.
German unemployment rises more than expected in May
The number of Germans lining up for unemployment benefits rose more than expected in May, according to the Federal Labour Office, growing by 25,000 in seasonally adjusted terms, ahead of estimates for a rise of 10,000.
NYSE technical glitch prompts trading halt on Berkshire Hathaway shares
The New York Stock Exchange announced on Monday that it had halted trading in a number of stocks after a temporary "price bands issue" caused certain share prices to tumble erroneously.
S&P US manufacturing PMI revised higher, ISM PMI edges lower
S&P Global's manufacturing index was revised higher to 51. 3 in May, up from a preliminary estimate of 50. 9 and last month's reading of 50.
Moody's lifts 2024 China growth forecast
Moody’s lifted its 2024 growth forecast for China on Monday to 4. 5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.
Eurozone manufacturing at 'turning point' as downturn eases in May
The contraction in manufacturing activity in the eurozone eased slightly less than expected in May, according to revised estimates on Monday by S&P Global and Hamburg Commercial Bank (HCOB), which signalled a "turning point" for the sector.
China manufacturing PMI ticks up more than expected - Caixin
Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday.