US Trade Deficit Widens to $78.2 Billion in November 2024
US Trade deficit expanded to $78.2 billion in November 2024, up from a revised $73.6 billion in October, aligning with market expectations. This widening gap reflects a surge in both imports and exports, driven by strong demand across various sectors....
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Climbs to 2.4% in December 2024
The Euro Area’s inflation rate surged for the third consecutive month, reaching 2.4% in December 2024, marking the highest rate since July. According to preliminary estimates, this rise aligns with market expectations and represents a slight increase from the 2.2%...
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Germany’s Inflation Climbs to 11-Month High in December
Germany’s Inflation rate rose for the third consecutive month, reaching 2.6% in December 2024, up from 2.2% in November and surpassing market expectations of 2.4%, according to preliminary estimates. This marks the highest inflation rate in nearly a year, driven...
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Germany’s Services Sector Returns to Growth
The HCOB, Germany’s Services Sector PMI climbed to 51.2 in December 2024, up from 49.3 in November and marginally surpassing initial forecasts of 51. This reading marks a return to expansion for the services sector after a brief contraction, reflecting...
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China’s Services Sector Shows Signs of Recovery
The Caixin China’s Services Sector PMI rose to 52.2 in December 2024 from 51.5 in November, exceeding market expectations of 51.7. This reading indicates the fastest expansion in the services sector since May, highlighting a strong rebound in activity. The...
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