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US Core PCE Inflation Eases in April

US Core PCE Inflation Eases in April

Amid growing anticipation around the Federal Reserve’s next moves, the...

Canada’s Economy Grows 0.5% in Q1 2025

Canada’s Economy Grows 0.5% in Q1 2025

Canada’s Economy grows as shown by Canada’s Gross Domestic Product...

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Germany’s Factory Orders See Sharpest Decline in a Year

Germany’s Factory Orders See Sharpest Decline in a Year

Germany’s industrial sector is facing renewed pressure as factory orders plunged by 7.0% in January 2025 compared to the previous month. This decline not only reverses December’s 5.9% drop but also significantly exceeds market expectations of a 2.8% decline. The...
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China’s Trade Surplus Surges Amid Sharp Import Decline

China’s Trade Surplus Surges Amid Sharp Import Decline

China’s trade surplus rose to $170.52 billion in January-February 2025, significantly higher than $125.16 billion in the same period last year and exceeding market expectations of $142.4 billion. However, this increase was driven by a sharp decline in imports and...
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Japan’s Ruling Party Proposes Reducing Crypto Tax to 20%

Japan’s Ruling Party Proposes Reducing Crypto Tax to 20%

Japan’s Liberal Democratic Party (LDP) has proposed a tax reduction on cryptocurrency gains, lowering the maximum rate from 55% to 20%. The party is currently seeking public feedback on the proposed amendment. Key Highlights of the Proposal 1. New Classification...
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U.S. Trade Deficit Hits New Record – Surge in Imports Ahead of Tariff Implementation

U.S. Trade Deficit Hits New Record – Surge in Imports Ahead of Tariff Implementation

In January 2025, the U.S. trade deficit reached a staggering $131.4 billion, setting a new record. This marks a significant increase compared to the previous month’s deficit of $98.1 billion (after data revision) and the forecast of $127.4 billion. This...
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ECB Interest Rate Cut – A Shift Towards Accommodative Monetary Policy

ECB Interest Rate Cut – A Shift Towards Accommodative Monetary Policy

The European Central Bank (ECB) has recently announced a 25 basis point reduction in key interest rates, signaling a shift in its monetary policy approach. This move aligns with market expectations and highlights the ECB’s response to evolving inflation and...
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