
Significant Decline in Japan’s Trade Deficit in April
Japan’s trade deficit in April 2025 dropped to ¥115.85 billion, compared to ¥504.69 billion in the same month last year. However, the result fell short of market expectations for a ¥227.1 billion surplus. The improvement in the deficit was primarily...
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Canada’s Inflation Slows in April 2025
Canada’s annual inflation rate fell to 1.7% in April 2025, down from 2.3% in March. While slightly above market expectations of 1.6%, this marks the lowest inflation rate in seven months. The main contributors to the slowdown were a significant...
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Germany’s Producer Price Index Falls in April 2025
In April 2025, Germany’s Producer Price Index (PPI) fell by 0.9% year-over-year, marking the second consecutive monthly decline and the sharpest drop since October of last year. This decline was primarily driven by a significant reduction in energy prices. Additionally,...
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Gold Drops Below $3,220
On Tuesday, the price of gold fell below $3,220 per ounce, driven by diminishing demand for safe-haven assets amid renewed hopes for a ceasefire between Russia and Ukraine. These significant gold drops were influenced by the market trends. At the...
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Reserve Bank of Australia Cuts Interest Rate
The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 3.85% during its May 2025 meeting, marking the first rate cut since January and bringing borrowing costs to their lowest level in two years. The...
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