The extent of the impact of China’s Covid-zero policies on the domestic economy was highlighted this morning as the Caixin Services PMI for April recorded its second-largest fall on record. Caixin Services PMI fell from 42 to 36.2. It is likely to be one of several headwinds facing China markets in today’s session, as they […]
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U.S. equity futures edged lower in early Wednesday trading, while the dollar pared some of its recent gains, as investors looked to hit pause Wall Street’s solid May rally that has lifted the S&P 500 Read more…