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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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US Economy Adds 256K Jobs in December 2024

US Economy Adds 256K Jobs in December 2024

In December 2024, the US economy saw a significant boost with the addition of 256,000 jobs, marking the highest gain in nine months. This figure exceeded expectations of 160,000 new jobs and surpassed November’s downwardly revised increase of 212,000. Additionally,...
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Germany’s Trade Surplus Reaches EUR 19.7 Billion

Germany’s Trade Surplus Reaches EUR 19.7 Billion

Germany’s trade surplus surged to EUR 19.7 billion in November 2024, up from EUR 13.4 billion in October and well above market expectations of EUR 14.8 billion. This marks the largest trade surplus since August, reflecting strong export growth coupled...
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China’s Inflation Slips to 0.1% in December 2024

China’s Inflation Slips to 0.1% in December 2024

China’s inflation rate dipped to 0.1% in December 2024, down from 0.2% in November and aligning with market expectations. This marked the lowest inflation rate since March, reflecting persistent deflationary pressures despite government stimulus measures and the central bank’s accommodative...
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Australia’s Trade Surplus Soars in November 2024

Australia’s Trade Surplus Soars in November 2024

Australia’s trade surplus on goods climbed to AUD 7.08 billion in November 2024, marking a significant increase from a downwardly revised AUD 5.67 billion in October. This figure not only exceeded market expectations of AUD 5.75 billion but also represented...
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Germany’s Factory Orders Drop Sharply in November

Germany’s Factory Orders Drop Sharply in November

Germany’s factory orders fell by 5.4% month-on-month in November 2024, marking a sharper decline than October’s 1.5% drop and falling well below market expectations of no change. This was the steepest contraction since August, driven by a massive 58.4% plunge...
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