Australia’s Manufacturing PMI Improves Slightly in November
The Judo Bank Australia Manufacturing PMI rose to 49.4 in November, up from 47.3 in October. While the sector remained in contraction for the 10th straight month, the pace of decline softened to its slowest in six months. This slight...
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Canada’s Industrial Producer Prices Experience Strong Rebound in October 2024
Canada’s industrial producer prices surged by 1.2% month-over-month in October 2024, marking a significant recovery following two consecutive months of declines. The increase exceeded analysts’ expectations, which had forecasted a more modest 0.3% rise. This strong rebound comes after a...
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CBI Survey Reveals Improved Manufacturing Orders in November
The Confederation of British Industry (CBI) reported an improvement in its monthly net balance of new manufacturing orders, which rose to -19 in November 2024 from -27 in October. This exceeded market expectations of -25 and marked a modest recovery....
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An Unprecedented Storm Looms Over Bitcoin: What You Need to Know
Bitcoin has long been a symbol of innovation and volatility in financial markets. Today, it stands at the cusp of a transformative era, driven by groundbreaking developments like the launch of Bitcoin ETFs and the introduction of options trading. These...
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UK Inflation Jumps to 2.3% in October 2024
The UK’s annual inflation rate rose to 2.3% in October 2024, marking its highest level in six months. This increase, up from 1.7% in September, surpassed both the Bank of England’s target and market expectations of 2.2%. The inflationary pressure...
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