China Services PMI Rises, Manufacturing Slumps as Xi Weighs Trade, Stimulus Path

Chinese service sector activity accelerates While American economic indicators begin to turn red, China’s number shows a division between the power of services and manufacturing weakness. China’s Caxin Service PMI increased from 50.7 in April to 51.1 May, lining with consensus. According to May survey: Despite falling in the new export business for the first…

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April PCE Falls to 2.1%, Boosting Odds Fed Will Hold Rates Steady in Near Term

More information in our economic calendar.Personal income and expense paint mixed demand photo April also saw an increase of 0.8% in personal income, while disposable income posted a similar 0.8% profit. However, consumer spending increased by just 0.2%, which has been a slowdown for the first months. The actual personal consumption expenditure increased by only…

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US-China Trade War: Court Blocks Trump’s Liberation Day Tariffs; What’s Next?

The International Business court allegedly emphasized that the US Constitution gives the Congress, not the US President, the powers to regulate the business. It concluded that emergency powers do not override the Congress’ authority over commerce. The decision is a serious setback for President Trump, which is putting pressure on the US-Pasandida trade deals over…

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Durable Goods Orders Slide 6.3% After Four-Month Climb; Transportation Down 17%

More information in our economic calendar.Defense orders also retreat rapidly The decline in demand related to defense was further exaggerated. Except for defense, the new orders were 7.5%below, reducing government procurement activity during the month. With the equation prevention and transportation, the broad manufacturing approach appears more neutral, suggesting instability in the headline figures cannot…

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Jobless Claims Dip to 227K, But Rising Continuing Claims Signal Labor Market Strain

Constant claims hit the high level of multi-year, pointing to weak reconsideration trends Constant claims for the week ended on May 10 increased from 36,000 to 1.903 million, while the 4-week moving average increased to 1.887 million-the highest level since-November 2021. These figures indicate that unemployed individuals have been excluded over work, an indication that…

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US Flash PMIs Climb to 52.3 as Tariffs Drive Prices to Highest Since August 2022

Price pressure mount in federal reserve focus The value acceleration was widespread-based. Manufacturing production prices recorded their fastest monthly growth since September 2022, while services recorded the highest increase in allegations since April 2023. These tricks, tied directly to the tariffs on imported goods, pushed the overall selling price at the levels not seen since…

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