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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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Canada Balance of Trade

Canada Balance of Trade

Canada’s trade deficit expanded to CAD 1.10 billion in August 2024, up from a revised CAD 0.29 billion in July and surpassing market expectations of a CAD 0.5 billion gap. This marks the sixth consecutive monthly deficit and the largest...
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Germany Industrial Production

Germany Industrial Production

Germany’s industrial production experienced a robust increase of 2.9% month-over-month in August 2024, significantly surpassing market expectations of 0.8% growth. This rebound comes after a revised 2.9% decline in July and marks the fastest growth rate since October 2021, indicating...
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Australia Business Confidence

Australia Business Confidence

Australia’s NAB business confidence index rose to -2 in September 2024, up from August’s revised -5, signaling a moderate improvement in sentiment. Despite the gains in sectors such as retail and recreation & personal services, overall business confidence remained negative...
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Japan Current Account

Japan Current Account

Japan’s current account surplus surged to JPY 3,803.6 billion in August 2024, up significantly from JPY 2,293.8 billion in the same period last year. This substantial increase exceeded market expectations and marked the 19th consecutive month of surplus, setting a...
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United Kingdom BRC Retail Sales Monitor

United Kingdom BRC Retail Sales Monitor

UK retail sales experienced a significant increase in September 2024, with a 1.7% year-on-year growth, marking the fastest rise in six months. This marks the third consecutive month of improvement, following a 0.8% growth recorded in August. The rise in...
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