Australia Leading Economic Index
In September 2024, the Westpac-Melbourne Institute Leading Economic Index for Australia remained nearly unchanged month-over-month, reflecting a persistent period of subdued economic activity. This marks the sixth consecutive month of weak performance, signaling ongoing challenges for the country’s economic growth...
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Japan Machinery Orders
Japan’s core machinery orders, which exclude ships and electric power companies, fell by 1.9% month-over-month to 858.1 billion yen in August 2024, performing worse than market expectations of a 0.1% decline. This marks the fifth drop in core orders this...
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United States NY Empire State Manufacturing Index
The New York Empire State Manufacturing Index experienced a significant decline in October 2024, falling to -11.9 from 11.5 in September. This sharp drop surprised analysts, who had predicted a much more modest dip to 3.8. Key Indicators Show Contraction...
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Canada Inflation Rate
Canada’s inflation rate fell to 1.6% in September 2024, down from 2% the previous month. This marks the lowest inflation rate since February 2021 and came in well below market expectations of 1.9%. It’s also the second consecutive month that...
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Germany ZEW Economic Sentiment Index
The ZEW Indicator of Economic Sentiment for Germany surged to 13.1 in October 2024, up from 3.6 in September, which had marked the lowest level since October 2023. This latest figure surpasses market expectations of 10, reflecting renewed optimism in...
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