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Gold Drops Below $3,220

Gold Drops Below $3,220

On Tuesday, the price of gold fell below $3,220 per...

Reserve Bank of Australia Cuts Interest Rate

Reserve Bank of Australia Cuts Interest Rate

The Reserve Bank of Australia (RBA) cut its cash rate...

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China’s Industrial Production Grows in November 2024

China’s Industrial Production Grows in November 2024

China’s industrial production expanded by 5.4% year-on-year (yoy) in November 2024, slightly surpassing market expectations and improving on October’s 5.3% growth rate. This positive trend highlights the resilience of the Chinese manufacturing sector, which played a key role in driving...
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UK Economy Contracts in October 2024

UK Economy Contracts in October 2024

The British economy contracted by 0.1% month-over-month in October 2024, following a similar decline in September. This result fell short of market forecasts, which had anticipated a 0.1% expansion. The contraction highlights ongoing challenges in the UK economy as various...
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Japan’s Industrial Production Sees Strong Growth in October 2024

Japan’s Industrial Production Sees Strong Growth in October 2024

Japan’s industrial production increased by 2.8% month-over-month in October 2024, marking the second consecutive month of expansion. Although slightly below the preliminary estimate of 3.0%, this figure reflects a notable acceleration from the 1.6% rise recorded in September. It also...
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December 2024: A Slight Uptick in UK Consumer Confidence

December 2024: A Slight Uptick in UK Consumer Confidence

The GfK Consumer Confidence Index in the United Kingdom rose by one point to -17 in December 2024. This marks the second consecutive month of improvement, signaling a modest recovery in sentiment. However, the index remains firmly in negative territory,...
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ECB Cuts Interest Rates Again Amid Optimism for Inflation Outlook

ECB Cuts Interest Rates Again Amid Optimism for Inflation Outlook

The European Central Bank (ECB) has made its fourth interest rate cut of the year, reducing its key rates by 25 basis points in December 2024. This decision aligns with expectations and reflects the ECB’s confidence in a more favorable...
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