Economics
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ServiceNow plunges 13% after earnings, Software sell-off kick-off again?
The sharp sell-off in ServiceNow shares following its Q1 2026 results may seem exaggerated at first glance. The company did…
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Nvidia dominates Big Tech again. What does the U.S. earnings season show?
Over recent quarters, a dominant narrative has taken hold on Wall Street that the “Magnificent 7” are driving the bulk…
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US Jobless Claims Inch Higher as Expected
The number of people claiming for unemployment benefits in the US rose by 6,000 to 214,000 on the week ending…
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Canada’s RMPI Spikes on Energy Prices in March
Canada’s Raw Materials Price Index surged 12.0% month-on-month in March 2026, exceeding forecasts of 9.3% and a sharp rise from…
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Stocks slip, as new phase of Iran war drags on, Tesla fails to impress with AI plans
Key takeaways Tanker war stretches beyond the Strait of Hormuz for first time No timeline to end the war Optimism…
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European PMI Plunges as Iran Conflict Batters Economic Activity
Germany (PMI Composite): The index dropped sharply to 48.3 from 51.9, marking an unexpected contraction in private-sector activity for the…
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Eurozone Manufacturing PMI Hits Near Four-Year High
The Eurozone’s Manufacturing PMI climbed to 52.2 in April 2026 from 51.6 in March, surpassing expectations of 50.8 and marking…
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UK Manufacturing PMI Surges to Near Four-Year High, Private sector Rbounds
The UK Manufacturing PMI jumped to 53.6 in April 2026 from 51.0 in March, exceeding expectations of 49.9 and marking…
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Norway Business Morale Weakens in Q1
Norway’s industrial confidence fell to 1.2 in Q1 2026, from 2.6 in the previous quarter, and bellow its long-term average…
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UK Public Borrowing Narrows in March
UK public sector net borrowing (excluding public sector banks) narrowed to £12.6 billion in March 2026 from £14.0 billion in…
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