U.S. Trade Deficit Hits New Record – Surge in Imports Ahead of Tariff Implementation
In January 2025, the U.S. trade deficit reached a staggering $131.4 billion, setting a new record. This marks a significant increase compared to the previous month’s deficit of $98.1 billion (after data revision) and the forecast of $127.4 billion. This...
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ECB Interest Rate Cut – A Shift Towards Accommodative Monetary Policy
The European Central Bank (ECB) has recently announced a 25 basis point reduction in key interest rates, signaling a shift in its monetary policy approach. This move aligns with market expectations and highlights the ECB’s response to evolving inflation and...
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Federal Reserve Beige Book: Modest U.S. Growth Amid Inflation
The latest Federal Reserve Beige Book, based on data collected through February 24, 2025, shows that the U.S. economy has experienced slight but uneven growth since mid-January. While some regions saw moderate expansion, others reported stagnation or slight declines, with...
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Unexpected Growth in the US ISM Services PMI
The latest ISM Services PMI report for February 2025 surprised analysts with a stronger-than-expected expansion in the US services sector. The index climbed to 53.5, up from 52.8 in January and exceeding market expectations of 52.6. This growth signals resilience...
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China’s Services Sector Sees Unexpected Growth in February 2025
China’s Caixin China General Services PMI rose to 51.4 in February 2025, up from 51.0 in January, surpassing market expectations of 50.8. This increase suggests a steady recovery in the country’s services sector, driven by stronger demand and rising foreign...
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