Australia’s Q1 2025 GDP Grows Just 0.2% Amid Weak Consumer Spending and Rising Savings, Fueling Rate Cut Speculation

Australia’s economy grew just 0.2% in the first quarter of 2025, falling short of market expectations and highlighting sluggish recovery momentum. Weak consumer spending and flat government expenditure dragged down overall performance, while a rise…

Wildfires and OPEC+ Production Cuts Drive Up Global Oil Prices as Investors Watch China’s Demand and Market Outlook

Global oil prices surged noticeably this week, driven primarily by wildfires in Canada’s oil sands region that disrupted production. Adding to supply concerns, OPEC+ stuck to its original output plan and refrained from releasing additional…

China’s May Caixin PMI Unexpectedly Dips Below Growth Line, Raising Market Hopes for Stimulus and Impacting Investment Outlook

China’s Caixin Manufacturing PMI unexpectedly fell to 48.3 in May, slipping below the key 50-mark that separates growth from contraction. The drop signals a weakening in economic momentum, with both domestic and external demand showing…

Fed Officials Signal Possible Multiple Rate Cuts in 2025 as Inflation Trends Take Center Stage

Federal Reserve Governor Christopher Waller has signaled that if inflation continues to cool, the U.S. could see multiple interest rate cuts before the end of 2024. His remarks have sparked strong market interest and offered…

Yen Rallies for Third Straight Day as Safe-Haven Demand Grows and BOJ Hawkish Shift Shakes Currency Markets

As global markets face rising uncertainty, the Japanese yen has recently gained ground, marking its third straight day of strengthening against the U.S. dollar. This upward trend highlights a growing risk-off sentiment among investors, combined…