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Sharp Decline in US Building Permits – April 2025

Sharp Decline in US Building Permits – April 2025

Preliminary data shows that the number of building permits in...

Jim Chanos: Shorting MicroStrategy, Buying Bitcoin

Jim Chanos: Shorting MicroStrategy, Buying Bitcoin

Famed investor and Chanos & Co. founder Jim Chanos has...

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Canada’s GDP Shows Modest Growth in September 2024

Canada’s GDP Shows Modest Growth in September 2024

Canada’s GDP is expected to have grown by 0.3% in September 2024, showing positive momentum after a flat performance in August. Economic activity was notably bolstered by gains in finance, insurance, construction, and retail trade, helping offset weaknesses in areas...
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Euro Area Inflation Rate

Euro Area Inflation Rate

In October 2024, inflation in the Eurozone reached 2%, marking a rise from September’s rate of 1.7%. This recent increase, though slight, has brought the inflation rate in line with the European Central Bank’s (ECB) target. After months of low...
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China NBS Manufacturing PMI

China NBS Manufacturing PMI

China’s manufacturing sector is showing fresh signs of recovery as the official Manufacturing PMI, released by the National Bureau of Statistics (NBS), rose to 50.1 in October 2024. This improvement is not only a positive jump from September’s 49.8 but...
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Germany Inflation Rate

Germany Inflation Rate

Germany’s annual inflation rate experienced a notable increase in October 2024, rising to 2%, marking the highest rate in three months. This uptick follows a 3.5-year low of 1.6% in September and exceeds forecasts, which anticipated an inflation rate of...
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United States GDP Growth Rate

United States GDP Growth Rate

In Q3 2024, the US economy grew at an annualized rate of 2.8%, a slight decline from the 3% growth recorded in Q2 and below the expectations set by analysts. This growth rate, reported by the Bureau of Economic Analysis...
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