Japan Interest Rate
The Bank of Japan (BoJ) has chosen to keep its key short-term interest rate unchanged at 0.25% during its October meeting, marking the highest level since 2008 and aligning with market expectations. This decision comes as Japan’s political landscape shifts...
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United States API Crude Oil Stock Change
For the week ending November 1, 2024, U.S. crude oil inventories saw a significant rise, increasing by 3.132 million barrels. This spike comes after a small decline of 0.573 million barrels the previous week, marking a noticeable turnaround. According to...
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United States ISM Services PMI
The Institute for Supply Management (ISM) Services PMI for the United States rose unexpectedly to 56 in October 2024, marking its highest level since August 2022. This increase, up from 54.9 in September and surpassing the forecast of 53.8, points...
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Reserve Bank of Australia Holds Interest Rates Steady in November 2024
In November 2024, the Reserve Bank of Australia (RBA) opted to keep its cash rate steady at 4.35%, marking the eighth consecutive meeting without a change and aligning with market expectations. This decision underscores the RBA’s cautious approach amid mixed...
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China’s Services Sector Rebounds in October 2024
China’s Caixin Services Purchasing Managers’ Index (PMI) rose to 52.0 in October 2024, up from 50.3 in September and exceeding market forecasts of 50.5. This increase reflects renewed momentum in the service sector, bolstered by new support measures from Beijing...
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