Germany’s ZEW Economic Sentiment Falls to 34.7 in August, First Drop in Four Months
The ZEW Indicator of Economic Sentiment for Germany fell sharply to 34.7 in August 2025, down from 52.7 in July (its highest reading since 2022) and well below market expectations of 40. This marks the first decline in four months,...
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UK Unemployment Rate Holds at 4.7% in June 2025, Highest Since 2021
The UK unemployment rate stood at 4.7% in the three months to June 2025, unchanged from the previous period and in line with market forecasts. This marks the highest jobless rate since the three months ending July 2021, signalling ongoing...
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RBA Cuts Cash Rate to 3.6%, Signals Data-Driven Path Ahead
The Reserve Bank of Australia (RBA) reduced its cash rate by 25 basis points to 3.6% at its August 2025 meeting, aligning with market expectations and marking the lowest level since April 2023. The unanimous decision brings the total rate...
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Tesla Shuts Down Dojo Supercomputer Program: A Win for NVIDIA and AMD
Tesla’s recent decision to shut down its internal Dojo supercomputer program is expected to benefit chipmakers NVIDIA (NASDAQ:NVDA) and AMD (NASDAQ:AMD), according to Wells Fargo analysts. Reports from August 7 reveal that Tesla is disbanding its Dojo team, which was...
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China Current Account Surplus Q2 2025 Hits Record $135.1 Billion
China’s current account surplus Q2 2025 surged to a record USD 135.1 billion, a sharp increase from USD 55.5 billion in the same quarter last year. This strong performance was driven by a significant rise in the goods trade surplus...
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