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Summary After an unexpected slide in March, the monthly change in the CPI in April is likely to rebound to its six-month trend. We look for the headline CPI to rise 0.2% in April, leading the year-ago rate to dip to a four-year low of 2.3%. We would not be shocked to see a 0.3%…
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‘My life has become a rollercoaster’: Francesca Albanese on death threats, danger and dread after accusing Israel of genocide
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China’s Caixin PMI composite falls to 49.6, contracts for first time since 2022 – Action Forex
China’s Caixin PMI Services rose modestly from 50.7 to 51.1 in May, aligning with expectations. However, the gain in services was not enough to offset the drag from manufacturing, as PMI Composite slipped into contraction at 49.6, its first reading below 50 since December 2022. Wang Zhe of Caixin Insight Group noted that the manufacturing…
