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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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Durable Goods Orders in the US!

Durable Goods Orders in the US!

In August 2024, new orders for durable goods in the United States remained nearly unchanged from the previous month, maintaining the robust 9.8% increase seen in July. This surge in July marked the highest monthly rise in durable goods orders...
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German Consumer Confidence Index Rises

German Consumer Confidence Index Rises

The GfK Consumer Climate Index for Germany has risen to -21.2 on the eve of October 2024, reflecting a modest improvement from the previously revised figure of -21.9. The index’s increase surpasses market expectations, which had forecast a slightly lower...
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Decline in US Home Sales!

Decline in US Home Sales!

Sales of new single-family homes in the United States fell by 4.7% in August 2024 compared to the previous month, reaching a seasonally adjusted annual rate of 716,000 units. This decline comes after a robust revised growth of 10.3% in...
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Decreasing Inflation Rate in Australia

Decreasing Inflation Rate in Australia

In August 2024, Australia’s Consumer Price Index (CPI) rose by 2.7% compared to the previous year, a notable decrease from the 3.5% inflation rate recorded in July. This figure also fell short of market expectations, which had anticipated a 2.8%...
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Decrease in Germany’s Ifo business climate index

Decrease in Germany’s Ifo business climate index

Germany’s Ifo business climate index declined to 85.4 in September 2024, down from 86.6 in August, marking its lowest level since January 2024. The drop in the index, which missed market expectations of 86, signals growing pessimism about the state...
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