The decline in manufacturing activity in the euro area deepened in June
Manufacturing sector activity in the Euro Zone also fell in June, falling to 43.4.
S&P Global announced the final data of the Euro Area's Manufacturing...
Yellen: Our economy has proven more resilient than thought
"I continue to believe there is a way to reduce inflation while maintaining a healthy labor market," said US Treasury Secretary Janet Yellen.
US Treasury...
The People’s Bank of China pledges to stabilize the yuan
The People's Bank of China (PBOC) has pledged to step up efforts to stabilize the country's currency after falling to a 15-year low amid...
Saudi Arabia may extend additional production cut
It is estimated that Saudi Arabia will continue with an additional oil production cut of 1 million barrels per day for July, also in...
US oil rig count drops
The number of oil rigs in the US has decreased by 1 this week.
According to the weekly data released by the oil field services...