China's manufacturing sector rebounded in June as the easing of the pandemic related containment measures boosted production and orders, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers' Index rose to 51.7 in June from 48.1 in May. A score above 50.0 indicates expansion. Although the pace of growth was moderate overall, manufacturing activity expanded a...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.