U.S. Trade Deficit Reaches $98.4 Billion in December 2024
The U.S. trade deficit reached $98.4 billion in December 2024, a significant increase from $78.9 billion in November and exceeding market expectations of $96.6 billion. This marks the highest trade deficit since March 2022, as American companies rushed to secure...
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Eurozone Producer Prices See Modest Increase in December 2024
Producer prices in the Eurozone rose by 0.4% in December 2024, following a larger 1.7% jump in November. This marked the third consecutive monthly increase, largely driven by energy prices, which climbed 1.4% compared to 5.6% the previous month. Other...
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China’s Services Sector Growth Slows in January 2025
The Caixin China General Services PMI fell to 51.0 in January 2025, marking a slowdown from December’s seven-month high of 52.2 and missing market expectations of 52.3. This reading signals the weakest expansion in the services sector since September, reflecting...
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Japan’s Private Sector Growth Picks Up in January 2025
The au Jibun Bank Japan Composite Purchasing Managers’ Index (PMI) stood at 51.1 in January 2025, confirming earlier flash estimates and improving from 50.5 in December. This marks the third consecutive month of expansion in Japan’s private sector, reflecting the...
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U.S. Job Openings Decline in December 2024,
In December 2024, job openings in the United States fell by 556,000 to 7.6 million, missing market expectations of 8.0 million. This decline suggests a gradual cooling of the labor market as businesses adjust hiring plans amid economic uncertainties. The...
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