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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People’s Bank of China Cuts Interest Rates to Historic Lows
In line with market expectations, the People’s Bank of China (PBoC) cut its key lending rates in May 2025—the first rate reduction since October of the previous year. This move is part of a broader monetary easing campaign by Beijing...
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