Last week, a series of U.S. employment data fueled concerns about a potential economic recession, causing the S&P 500 to drop 4.2%, marking its worst weekly performance since January 2022. U.S. 2-year and 10-year Treasury yields fell, reflecting market expectations of a more aggressive rate cut ...

    Summary:  Manufacturing PMI slight uptick New orders and production sub-indices continue to decline Uneven demand recovery across sectors   The U.S. manufacturing PMI showed a slight uptick in August, according to data released by the Institute for S...

As the unwinding of yen carry trades came to an end, the market returned to a more stable state, though it remains highly sensitive to economic data. The S&P 500's gains narrowed due to underperformance in some tech stocks, while it also faced the challenge of reaching new highs. Meanwhile, U.S....

    Summary:  Manufacturing PMI Remains in Contraction Non-Manufacturing PMI Slight Increase   China's manufacturing PMI continued to decline, as reported by the National Bureau of Statistics of China on August 31. The manufacturing PMI decreased from 49.4 i...

The Institute for Supply Management (ISM) released its July Services PMI report on August 6th, revealing that the Services PMI rose from 48.8 in the previous month to 51.6, surpassing market expectations of 51.0. The expansion was driven by 10 industries, including leisure and hospitality, accomm...