Australian Economy Grows by 0.3% in Q3 2024
The Australian economy expanded by 0.3% quarter-on-quarter (qoq) in Q3 2024, marking its 12th consecutive quarter of growth. However, this was below market expectations of 0.4% and highlighted a slower recovery compared to previous quarters. Over the past year, annual...
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Job Openings Surge in October 2024
In October 2024, the number of job openings in the U.S. rose by 372,000, reaching a total of 7.744 million. This increase followed a downward revision of September’s numbers, which were adjusted to 7.372 million. The October data also surpassed...
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Australia’s Current Account Deficit: A Comprehensive Q3 2024 Review
In Q3 2024, Australia’s current account deficit decreased to AUD 14.1 billion, down from an upwardly revised AUD 16.4 billion in the previous quarter. While this reduction suggests some positive developments, the figure marked the sixth consecutive quarter of deficit...
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UK Retail Sales Decline in November 2024
Retail sales in the United Kingdom dropped by 3.4% on a like-for-like basis in November 2024, a sharp reversal after four consecutive months of growth. The decline fell significantly short of market expectations, which had forecast a modest 0.7% increase....
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US ISM Manufacturing PMI Shows Softer Contraction in November 2024
The ISM Manufacturing PMI for the United States increased to 48.4 in November 2024, up from 46.5 in October, surpassing forecasts of 47.5. While still indicating a contraction in the manufacturing sector, the slight improvement points to a softer decline...
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