Australia’s Trade Surplus Shrinks in September 2024
Australia’s trade surplus on goods experienced a notable decline in September 2024, falling to AUD 4.61 billion from a revised AUD 5.28 billion in August. This figure came in below market expectations, which had anticipated a surplus of AUD 5.30...
Read more
Germany’s Factory Orders Surge in September 2024
Germany’s factory orders saw a significant rebound in September 2024, rising by 4.2% month-over-month, far exceeding market expectations of 1.5%. This follows a sharp 5.4% decline in August, the steepest drop since January. The September increase signals a positive shift...
Read more
Japan Interest Rate
The Bank of Japan (BoJ) has chosen to keep its key short-term interest rate unchanged at 0.25% during its October meeting, marking the highest level since 2008 and aligning with market expectations. This decision comes as Japan’s political landscape shifts...
Read more
United States API Crude Oil Stock Change
For the week ending November 1, 2024, U.S. crude oil inventories saw a significant rise, increasing by 3.132 million barrels. This spike comes after a small decline of 0.573 million barrels the previous week, marking a noticeable turnaround. According to...
Read more
United States ISM Services PMI
The Institute for Supply Management (ISM) Services PMI for the United States rose unexpectedly to 56 in October 2024, marking its highest level since August 2022. This increase, up from 54.9 in September and surpassing the forecast of 53.8, points...
Read more
