Similar inflation trends in the United States and Europe? After this week, the European Central Bank's path to interest rate cuts may become increasingly difficult to navigate.

The eurozone may follow in the footsteps of the United States in terms of persistent inflation, and interest rate cuts after June may not be smooth sailing.

wallstreetcnJun 5 05:40 ET

The expansion rate of commercial activity in the Eurozone in May reached a new high in a year, and the PMI rose to 52.2.

In May, business activity in the Eurozone experienced the fastest expansion in a year, thanks to the strong growth of the services sector.

Zhitong FinanceJun 5 05:23 ET

European Central Bank encounters the dilemma of the Federal Reserve, and the road to interest rate cuts is no longer clear.

The European Central Bank may face obstacles similar to those of the Federal Reserve in lowering interest rates. Although there are significant differences in the driving factors of price growth on both sides of the Atlantic, some economists see important similarities and warn against underestimating the risks of more persistent pressures.

Zhitong FinanceJun 5 04:05 ET

ECB Preview: Will the ECB Deliver a Hawkish Cut?

The ECB is expected to cut interest rates by 25 basis points on Thursday, the first time interest rates will have been cut in the currency bloc since 2019.

FXStreetJun 5 02:08 ET

Hong Kong's Business Activity Contracts in May

Business activity in Hong Kong contracted once more in May after improving in March and April due to a fall in new orders and export conditions, according to data from S&P Global released Wednesday.

MT NewswiresJun 4 21:30 ET

Hong Kong PMI Indicates Downturn in Business Conditions -- Market Talk

0121 GMT - The latest S&P PMI data for Hong Kong looks bleak, indicating a worsening of business conditions in the private sector in May. The headline PMI slid to 49.2 in May from 50.6 in April, signa

WSJJun 4 21:21 ET