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Italy June services PMI 50.2, below expected 50.5 and up from May's 49.4.

2026-07-03

Italy June services PMI 50.2, below expected 50.5 and up from May's 49.4.

Other News
2026-07-02

Markets had been pricing an earlier Fed hike on several consecutive strong payroll prints; this report breaks that continuity. The unemployment rate fell while labor force participation slipped to 61.5%, implying the lower jobless rate is not unambig

Markets had been pricing an earlier Fed hike on several consecutive strong payroll prints; this report breaks that continuity. The unemployment rate fell while labor force participation slipped to 61.5%, implying the lower jobless rate is not unambiguously demand-driven. Wage growth paired with low unemployment makes it hard for the Fed to justify pivoting to easing on the basis of a single weak payroll print. Market takeaway: the data delays pressure for earlier hikes rather than eliminating the possibility of further rate moves.
2026-07-03

The Alberta government in Canada says the design and construction of a new west coast oil pipeline will begin as early as September 1, 2027.

The Alberta government in Canada says the design and construction of a new west coast oil pipeline will begin as early as September 1, 2027.
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