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UK Budget Deficit Widens, Pressuring Chancellor Reeves

UK Budget Deficit Widens, Pressuring Chancellor Reeves

In December, UK Budget Deficit soared beyond expectations, primarily driven...

Asian Currencies Struggle Amid U.S. Tariff Threats

Asian Currencies Struggle Amid U.S. Tariff Threats

As financial markets continue to grapple with the impacts of...

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Australia’s Consumer Sentiment Shows Continued Weakness

Australia’s Consumer Sentiment Shows Continued Weakness

In January 2025, Australia’s Consumer Sentiment Index in Australia recorded a decline of 0.7%, bringing the index down to 92.1 points. This marks the second consecutive monthly decrease, pointing to ongoing consumer pessimism. The slight drop follows a series of...
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China’s Trade Surplus Surges in December 2024

China’s Trade Surplus Surges in December 2024

China’s trade surplus reached an impressive USD 104.84 billion in December 2024, a significant increase from USD 75.31 billion during the same period last year. This figure not only surpassed market expectations of USD 99.80 billion but also marked the...
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US Average Hourly Earnings Rise by 0.3% in December 2024

US Average Hourly Earnings Rise by 0.3% in December 2024

In December 2024, US Average Hourly Earnings for employees on private nonfarm payrolls increased by 10 cents, or 0.3%, reaching $35.69. This marks a slight slowdown compared to the 0.4% rise in November, but it aligned with market expectations. The...
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Canada’s Unemployment Rate Drops to 6.7% in December 2024

Canada’s Unemployment Rate Drops to 6.7% in December 2024

In December 2024, Canada’s unemployment rate decreased slightly to 6.7%, down from 6.8% in November. This figure was better than the expected 6.9%, though it still represents the second-highest reading since September 2021. The small decline in unemployment reflects ongoing...
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US Unemployment Rate Drops to 4.1% in December 2024

US Unemployment Rate Drops to 4.1% in December 2024

In December 2024, the US unemployment rate decreased to 4.1%, down from 4.2% in the previous month. This decline came in better than expected, as market forecasts had predicted the rate would remain at 4.2%. The decrease in the unemployment...
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