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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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U.S. Retail Sales

U.S. Retail Sales

In September 2024, U.S. retail sales experienced a 0.4% increase month-over-month, surpassing both the 0.1% gain in August and market expectations of a 0.3% rise. This marks a positive boost in consumer spending, particularly as certain sectors showed stronger-than-expected growth....
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Euro Area Interest Rate

Euro Area Interest Rate

In October 2024, the European Central Bank (ECB) lowered its three key interest rates by 25 basis points, marking the third consecutive reduction this year following similar cuts in September and June. The new rates stand at 3.25% for the...
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Japan Balance of Trade

Japan Balance of Trade

In September 2024, Japan’s trade balance shifted to a deficit of JPY 294.24 billion, a significant reversal from the JPY 60.56 billion surplus recorded in the same month last year. This marks the third consecutive month of trade deficits, underscoring...
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Canada Manufacturing Sales

Canada Manufacturing Sales

In August 2024, Canada’s manufacturing sales declined by 1.3% month-over-month to $69.4 billion, slightly outperforming the anticipated 1.5% drop but marking the lowest sales figure since January 2022. This decline underscores ongoing challenges in the country’s manufacturing sector, as reduced...
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United Kingdom Inflation Rate

United Kingdom Inflation Rate

In September 2024, the UK’s annual inflation rate dropped significantly to 1.7%, marking the lowest level since April 2021. This decline from 2.2% in August also fell below the expected rate of 1.9%, signaling a continued easing of inflationary pressures...
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