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Graph showing Federal Reserve rate cut probabilities for November.
economic trends

Federal Reserve Rate Cut Probabilities for November Revealed

The CME 'FedWatch' tool suggests a 62.8% chance of the Federal Reserve cutting rates by 25 basis points in November. A 37.2% likelihood of a 50 basis point cut also exists, highlighting shifting mo...

Economic TrendsU.S. September Manufacturing PMI Report

U.S. September Manufacturing PMI Falls to 47.3, A New June Low

The S&P Global Manufacturing PMI for September 2023 recorded a final reading of 47.3, reflecting a downward trend since June. This figure, though slightly above expectations, highlights ongoing...

Economic TrendsU.S. Manufacturing PMI report for September 2023 showing economic decline.

U.S. September Manufacturing PMI Falls to Lowest Level Since June 2023

The U.S. September S&P Global Manufacturing PMI finalized at 47.3, falling short of previous estimates and signaling concerns in the manufacturing sector. This figure represents a continuation ...

Core InflationFederal Reserve Governor Michelle Bowman discussing core inflation concerns

Federal Reserve Governor Bowman's Worries on Core Inflation

Federal Reserve Governor Michelle Bowman expresses ongoing concerns about core inflation rates remaining above the 2% target, highlighting continued monetary policy challenges.

core inflationGraph showing Germany's inflation trends in September 2023.

Germany's Inflation Eases, But Core and Service Sector Rates Remain Steady

In September, Germany's inflation saw a slowdown overall, yet core inflation and service sector inflation remained unchanged. Despite rising market expectations for an October rate cut, economist F...

Currency RecoveryOffshore RMB exchange rate graphic showing recovery against US Dollar.

Offshore RMB Surges Past 7.0 Against USD: A Milestone Since May 2022

On September 25, the offshore RMB recovered the 7.0 mark against the US dollar, making it the first occurrence since May last year. This recovery reflects shifting economic conditions and influence...