Australia’s Unemployment Rate Increases in December 2024
In December 2024, Australia’s Unemployment Rate adjusted slightly rose to 4.0%, up from 3.9% in November, which had marked an eight-month low. This change met market expectations. The total number of unemployed individuals increased by 10.3 thousand, bringing the total...
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US CPI Surges 0.4% in December 2024
In December 2024, the US CPI Surges Price Index (CPI) recorded a 0.4% month-over-month rise, marking the most significant increase since March. Energy prices played a pivotal role, surging by 2.6% and contributing over 40% of the overall monthly growth....
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The Power of the US Dollar Exerts More Pressure on Bitcoin
Global financial markets are facing significant volatility ahead of the US Dollar presidential inauguration, with Bitcoin remaining in the spotlight as it is heavily influenced by the strengthening dollar and ongoing US economic policies. Bitcoin Returns to a Stable Price...
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UK Annual Inflation Rate Drops to 2.5% in December 2024
UK Annual Inflation Rate unexpectedly dropped to 2.5% in December 2024, down from 2.6% in November. This figure came in lower than the forecasted 2.6% and closely aligned with the Bank of England’s (BoE) forecast made in early November. Despite...
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Australia’s Consumer Sentiment Shows Continued Weakness
In January 2025, Australia’s Consumer Sentiment Index in Australia recorded a decline of 0.7%, bringing the index down to 92.1 points. This marks the second consecutive monthly decrease, pointing to ongoing consumer pessimism. The slight drop follows a series of...
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