China’s manufacturing activity slipped back into contraction in July, suggesting the recovery seen during the second quarter has lost momentum. The official NBS Manufacturing PMI fell from 50.3 to 49.2, below market expectations of 49.9 Read more…
Japan’s industrial sector delivered another encouraging performance in June, while household spending showed signs of losing momentum. Industrial production rose 1.3% m/m, accelerating from 0.1% in May and comfortably beating expectations of 0.7%. It marked Read more…
Tokyo inflation accelerated more than expected in July, offering fresh evidence that underlying price pressures remain resilient ahead of the Bank of Japan’s policy decision later today. Headline consumer inflation rose from 1.7% to 2.0% Read more…
Highlights Canada’s economy has contracted for two consecutive quarters, but the “technical recession” label is misleading. Economic weakness has met the minimal duration test, but not the depth or breadth of a conventional recession. Large Read more…
Key insights from the week that was. In Australia, the much-anticipated Q2 CPI report came in below our and the market’s expectation. Headline inflation rose 0.6% in Q2, less than half of Q1’s 1.4% gain. Read more…
Shocks make it hard to know where you are. It helps to know that some shocks are policy choices, people can respond to mitigate shocks, and net effects can vary and sometimes linger. Supply shocks Read more…
Key Highlights USD/JPY struggled near 164.00 and started a fresh slide. It traded below a major bullish trend line with support at 163.30 on the 4-hour chart. Bitcoin could gain strength if it settles above Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love these deals The changing of the seasons is Read more…
Every big vision eventually shows up on a balance sheet. Investors have spent the past year listening to Mark Zuckerberg describe a future in which artificial intelligence (AI) becomes personal, universal, and roughly as ordinary Read more…
Porsche has long occupied a rare position in the auto industry as a premium sports-car brand capable of delivering some of the industry’s strongest profit margins. But weaker demand, slowing sales in China, and the Read more…