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Global Economy Briefing — May 22, 2026
Rio Times Global Economy Briefing The Big Three Philly Fed collapses to −0.4 (consensus 17.6) while US manufacturing PMI beats at 55.3. The starkest divergence in US factory surveys since the war began — new orders fell to −1.7 from 33.0 even as the S&P Global flash showed the strongest expansion in months. European and UK services PMIs crash below 50 across the board. French services plunged to 42.9 (consensus 46.6), UK services fell to 47.9 (consensus 51.7), and the eurozone composite dropped to 47.5 — the broadest services recession since 2023. Dow closes at a record 50,285.66 as oil […]
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riotimesonline.com
Global Economy Briefing — May 21, 2026
Oil crashed 5.7% after President Trump said Iran negotiations are in "final stages" and three supertankers left the Strait of Hormuz. The S&P 500 snapped its three-day losing…
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cryptobriefing.com
Philadelphia Fed manufacturing index crashes from 26.7 to -0.4 in May
The Philadelphia Fed manufacturing index plunged from 26.7 to -0.4 in May, signaling stalled factory activity and raising questions for crypto markets.
