Global markets finished the week mixed The global markets started the week higher, as investors were waiting for the reports on inflation in Germany, but also in the United States, and unemployment in the United Kingdom. Moreover, on Tuesday, Consumer prices in Germany rose to 6.1% in May as expected compared to the same month […]

Global markets finished the week mixed The global markets started the week lower, after data showed that the services sector in the United States expanded at a slower pace, adding to concerns about the stability of the country’s economic condition. Also on Monday, the Purchase Managers’ Index (PMI) came in at 50.3%, 1.6 percentage points […]

Global markets finished the week higher The global markets started the week positively, but the enthusiasm faded throughout the day, finishing mostly in red, after the news of a debt ceiling deal. Biden and McCarthy announced that they have agreed upon a deal to raise the debt ceiling, but the case is not fully closed […]

Global markets finished the week higher The global markets started the week mostly in red after investors looked toward a possible breakthrough in the Congressional negotiations to raise the debt ceiling to avoid a government default before next month. Moreover, on Wednesday, the United Kingdom Consumer Price Index (CPI) stood at 8.7% on a yearly […]

Global markets finished the week mixed The global markets started the week mixed after the jobs-report rally on Friday. Without any major economic data in the calendar on Monday and Tuesday, the clear headliner of this week was Wednesday’s release of the US CPI reading. Specifically, the annual inflation in the United States clocked in […]