Category Finance

Prior 53.4 Composite PMI 51.4 Prior 52.5 The headline reading slows in May to an 18-month low, as increased uncertainty weighed on growth in demand and activity on the month. The confidence in the outlook also slumped to its lowest since November 2023. HCOB notes that: “Cooling conditions…

Crypto markets are giving no return opportunities for intraday traders, but long-term market watchers say the market is in a coiled spot and key levels are to be monitored for moves on either side. Bitcoin BTC hovered just above $105,000 on Wednesday, showing a steady rise from earlier…

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“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” There’s no follow up on that and it isn’t clear if he actually spoke to Xi already or not. Earlier suggestions were that they…