UK PMI Services was finalized at 58.9 in April, down from March’s 62.6. S&P Global noted that input cost inflation hit fresh record high. Activity and new business continued to rise, but a reduced rates. Business confidence was lowest in a year-and-a-half. PMI Composite was finalized at 58.2, down from March’s 60.9. Andrew Harker, Economics […]
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Australia’s Wage Price Index rose by 0.9% qoq in Q1, slightly above market expectations of 0.8% qoq. Public sector saw a stronger 1.0% qoq gain, outpacing the 0.9% qoq rise in private sector. On an Read more…
Japan’s PPI rose 4.0% year-on-year in April, easing slightly from 4.3% yoy in March and matching market expectations. Despite the modest slowdown, the index climbed to a fresh record high of 126.3, marking the eighth Read more…
Key Highlights Ethereum rallied over 25% and cleared the $2,500 resistance. ETH surpassed a key bearish trend line with resistance at $1,820 on the daily chart. Bitcoin price also rallied and surpassed the $102,500 resistance. Read more…