Australia’s Business Confidence Drops Sharply in November 2024
Australia’s National Australia Bank (NAB) business confidence index experienced a notable plunge to -3 in November 2024, down from a near two-year high of 5 in the previous month. This decline marks a significant shift in the country’s economic sentiment,...
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Donald Trump: Aftermath of 2024 Presidential Victory
On September 20, 2024, Donald Trump unexpected victory in the U.S. presidential election triggered a wave of changes across global financial markets. From surging cryptocurrency values to a revitalized U.S. economy, his win seems to have profound implications on both...
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Cathie Wood Predicts Bitcoin’s Next Big Milestone
Cathie Wood, the visionary founder of Ark Invest and a renowned financial market analyst, has once again highlighted Bitcoin’s transformative potential. Wood views Bitcoin’s rise to $100,000 not merely as a price achievement but as a groundbreaking shift in the...
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China’s Producer Prices Decline by 2.5% in November 2024
China’s producer prices fell by 2.5% year-on-year in November 2024, marking the 26th consecutive month of producer deflation. However, the drop was softer than October’s 2.9% decline and came in below market expectations of a 2.8% fall, reflecting Beijing’s ongoing...
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China’s Annual Inflation Rate Eases to 0.2% in November 2024
In November 2024, China’s annual inflation rate unexpectedly eased to 0.2%, down from 0.3% in the previous month, falling short of market forecasts of 0.5%. This marks the lowest inflation figure since June and highlights mounting deflation risks in the...
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