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PMI data could show possible 2020 economic recovery on the way

New financial data provide further optimism for a possible V-shaped recovery this year as major economies post promising results concerning PMI figures. The index consists of surveys among hundreds of purchasing managers...

FED meeting to signal the near-term direction of the economy

With the upcoming FOMC projection, investors are eagerly awaiting to find out where the US economy would be headed in the foreseeable future. The FED would be releasing a report that should...

Poor economic showing for the Chinese economy with government bonds to the rescue

China has interrupted the decades-long tradition of setting an annual growth rate target due to the global outbreak. The government has nonetheless pledged to provide a financial stimulus for the economy, hoping...

Japanese recession looming on the horizon as economic data disappoints

The Japanese economy is suffering under the blows of the global outbreak. New data suggests that the country’s economy can now be considered in recession again (previously, it was classified that way...

New job statistics show record-shattering unemployment rates

Friday job statistics release continue showing disheartening results as the whole number of non-farm payroll employment reached 20.5 million in April. According to the US Bureau of Labor Statistics this shows an...

Quarterly GDP data confirm fears and spark response from central banks

According to new government data the US GDP fell 4.8% for Q1 of 2020 per a report by the Bureau of Economic Analysis. Final revisions are still unclear, but further drops may be recorded. It...

Governments respond to job market crisis amidst uncertainty

While the global SARS pandemic has not eased its’ grip on the population at large economy experts and leaders on both sides of the Pond are working on stimulus packages for both businesses and individuals...

April futures saw the oil tumble at below sea level prices for the first...

A historic drop in the price of the WTI crude oil below 0 has shocked the markets and has signified exactly how stagnant the present economy is. A number of factors have contributed to a...

On Labour Day the economy is still struggling to find a solution

The virus continues to impact the number of initial claims and insured unemployment across the globe. Across the US in the week ending April 25, the advance figure for seasonally adjusted initial claims was 3,839,000, a...
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