The report showed that economic activity in the manufacturing sector expanded after 26 consecutive months of contraction….Read More
Tag: Trading
Eurozone Inflation Hits 2.5%, Core at 2.7%, Weakening ECB Rate Cut Prospects
Energy Prices Drive Inflation Higher One of the key factors behind the latest inflation uptick was energy, which saw an increase of 1.8% in January, sharply higher than December’s 0.1%.…
China’s Manufacturing PMI Dips as US Tariffs Roll Out – Hang Seng, AUD/USD Slump
China’s Caixin Manufacturing PMI nears contraction—tariffs, job losses threaten outlook….Read More
Starbucks Beats $9.4B Revenue, Sales Drop 4%, China Down 6%, Recovery in Focus
U.S. Operations See Decline, but Turnaround Gains Traction Starbucks’ U.S. same-store sales fell 4%, driven by an 8% drop in customer traffic. However, Niccol’s efforts to bring the company “back…