China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs since the Middle East conflict began.
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China’s April Activity Data Weakens Despite Export Strength
China’s economic activity weakened across the board in April despite resilient exports supported by global demand for artificial intelligence and green products. Source link
Canada Factory Sales Jump an Estimated 4.6% in April
Manufacturing shipments increased from the month prior, marking a third straight month of improving sales for the industry. Source link
Week Ahead for FX, Bonds: Fed Minutes in Focus as Middle East Uncertainty Continues
Minutes to the U.S. Federal Reserve’s most recent meeting will be watched for signs of whether prospects of an interest-rate hike are starting to build […]