Germany Ifo Business Climate Index
Germany’s Ifo Business Climate index has experienced a noteworthy increase in October 2024, rising to 86.5 from 85.4 in September. This marks the first upward movement in five months and exceeds expectations, which had forecasted a value of 85.6. According...
Read more
Japan Tokyo Core CPI
In October 2024, Tokyo’s core consumer price index (CPI) rose 1.8% year-on-year, marking a slowdown from 2% in September and reaching its lowest level since April. This latest figure, slightly above the forecast of 1.7%, highlights a cooling trend in...
Read more
United Kingdom Consumer Confidence
The GfK Consumer Confidence index in the UK slipped to -21 in October 2024, down from -20 in September. This marks the lowest point for the index this year and matches levels seen in February and March. The decline comes...
Read more
Denmark’s New Crypto Tax Proposal: A Bold Move Towards Mark-to-Market Taxation
Denmarkâs Tax Law Council has recently stirred debate by proposing a mark-to-market taxation policy for cryptocurrency assets. This recommendation, aimed at eliminating tax discrepancies on crypto gains and losses, marks a significant shift in how digital assets will be regulated...
Read more
United States Initial Jobless Claims
In a positive signal for the US economy, jobless claims dropped by 15,000 to 227,000 for the week ending October 19, 2024, marking the lowest level since early October and significantly below market expectations of 242,000. This decline in unemployment...
Read more
