What Is the Interest Rate: How Does It Affect Digital Currencies?
Interest rates play a significant role in the global economy, influencing borrowing, spending, and investment decisions worldwide. For digital currency investors, understanding it and their economic implications can provide valuable insights into market trends. In this article, we’ll explore what...
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Germany’s Trade Surplus Declines in September 2024
Germany’s trade surplus shrank in September 2024, falling to EUR 17 billion, down from a downwardly revised EUR 21.4 billion in August. This result came in lower than analysts’ expectations, which forecasted a surplus of EUR 20.9 billion. The decline...
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China’s Trade Surplus Hits Record High in October 2024
China’s trade surplus soared to USD 95.27 billion in October 2024, a significant jump from USD 56.13 billion in the same month last year. This was well above the expected surplus of USD 75.1 billion, marking the largest trade surplus...
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Australia’s Trade Surplus Shrinks in September 2024
Australia’s trade surplus on goods experienced a notable decline in September 2024, falling to AUD 4.61 billion from a revised AUD 5.28 billion in August. This figure came in below market expectations, which had anticipated a surplus of AUD 5.30...
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Germany’s Factory Orders Surge in September 2024
Germany’s factory orders saw a significant rebound in September 2024, rising by 4.2% month-over-month, far exceeding market expectations of 1.5%. This follows a sharp 5.4% decline in August, the steepest drop since January. The September increase signals a positive shift...
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