Over the weekend we had data from China: China Manufacturing PMI (August 2025) 49.4 (expected 49.5) Services 50.3 (expected 50.3) This’ll be followed up today by the private manufacturing PMI survey from S&P Global, also expected to remain in contraction. Also over the weekend was even bigger news: US Federal Appeals court rules that most
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Mon: US Labor Day, South Korean Trade Balance Prelim (Aug), Chinese Caixin Manufacturing PMI (Final), EZ, UK, US Manufacturing PMI (Final), New Zealand Terms of Trade (Q2) Tue: South Korean CPI (Aug), EZ Flash HICP (Aug), US ISM Manufacturing PMI (Aug) Wed: NBP Announcement, Australia Real GDP (Q2), US ADP National Employment (Aug), Chinese Caixin
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China NBS Manufacturing PMI below forecasts (49.5) in August: Actual (49.4) Source link
These Chinese PMIs come from the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP). For August 2025: Manufacturing PMI 49.4, a slight miss expected 49.5, prior 49.3 this is the fifth consecutive month in contraction for the official manufacturing PMI domestic demand remains disappointing, weighed down by factors such
On Friday evening, the Federal Circuit court struck down the vast majority of US President Donald Trump’s tariffs, ruling them illegal under laws that give Congress control of tariffs and tax policy. The 7-4 decision rules that the International Emergency Economic Powers Act was used improperly in the case of fentanyl tariffs against Mexico/Canada/China and
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Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term. The consumer price index rose 2.2 percent year-on-year following a 2.0 percent
Log in to today’s North American session Market wrap for August 29 Today’s session brought some extra volatility to complement a fairly dull trading week – Forex Markets had no idea of where to go, with all major pairs rangebound since the weekly open. Some month-end flows brought Silver and Gold to their highs, and since
The Dow Jones eased lower on Friday, testing below 45,500. Equities recoiled after US PCE inflation metrics rose in-line with forecasts. Despite fresh inflation pressure, markets are still banking on a September rate cut. The Dow Jones Industrial Average (DJIA) softened on Friday, easing back below 45,500 as stocks retreated due to another uptick in
It’s been a pretty quiet session on the data and news side, but a lively one on the markets front. The US PCE was of course the main highlight of the day and the data came in line with expectations across the board. We had also the Canadian GDP which showed a bigger contraction than
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
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From the agency: the GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.5 percent on August 29, up from 2.2 percent on August 26. After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, the nowcasts of third-quarter real personal
Spain’s consumer price inflation remained stable in August and retail sales growth softened, official data showed on Friday. The consumer price index posted an annual increase of 2.7 percent in August, the same rate of rise as seen in July, flash data from the statistical office INE revealed. EU harmonized inflation also held steady at
The USD/CAD price analysis shows a steep rally in the Canadian dollar. Next week’s nonfarm payrolls report will keep shaping the outlook for Fed rate cuts. Data on Friday revealed that Canada’s economy contracted by 0.1%. The USD/CAD price analysis shows a steady Canadian dollar as the greenback heads for a monthly loss due to
