U.S. Highlights Recession calls increased this week, but the job market begged to differ. The U.S. added 372k jobs in June, keeping the unemployment rate at its historic low of 3.6% and amplifying fears about inflation. In contrast, leading business indicators slipped modestly in June, while remaining above the 50 threshold, which suggests that both […]
The post The Weekly Bottom Line: Job Gains Defy Recession Calls appeared first on Action Forex.
Australia’s Westpac Leading Index slowed from 0.5% to 0.2% in April, signaling a loss in growth momentum. According to Westpac, the above-trend growth seen earlier this year has “all but disappeared,” primarily due to rising Read more…
.Japan’s export growth slowed to just 2.0% yoy in April, marking the weakest pace since October 2024. Notably, shipments to the US fell -1.8% yoy — the first decline in four months — as demand Read more…
Atlanta Fed President Raphael Bostic warned that the economic effects of recent tariffs may be set to emerge more visibly, as businesses begin to exhaust their earlier stockpiling and “front-running” strategies. Speaking on the sidelines Read more…