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UK Budget Deficit Widens, Pressuring Chancellor Reeves

UK Budget Deficit Widens, Pressuring Chancellor Reeves

In December, UK Budget Deficit soared beyond expectations, primarily driven...

Asian Currencies Struggle Amid U.S. Tariff Threats

Asian Currencies Struggle Amid U.S. Tariff Threats

As financial markets continue to grapple with the impacts of...

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United States Industrial Production

United States Industrial Production

In September 2024, U.S. industrial production saw a notable decline of 0.3%, a steeper drop than the 0.2% decrease forecasted by analysts. This marks a reversal from the upwardly revised 0.3% rise in August, signaling potential challenges for the economy...
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United States Initial Jobless Claims

United States Initial Jobless Claims

In the week ending October 12, 2024, U.S. initial jobless claims dropped by 19,000 to 241,000, marking the largest decrease in three months. This decline came in below market expectations of 260,000 and follows a surge in claims caused by...
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U.S. Retail Sales

U.S. Retail Sales

In September 2024, U.S. retail sales experienced a 0.4% increase month-over-month, surpassing both the 0.1% gain in August and market expectations of a 0.3% rise. This marks a positive boost in consumer spending, particularly as certain sectors showed stronger-than-expected growth....
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Euro Area Interest Rate

Euro Area Interest Rate

In October 2024, the European Central Bank (ECB) lowered its three key interest rates by 25 basis points, marking the third consecutive reduction this year following similar cuts in September and June. The new rates stand at 3.25% for the...
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Japan Balance of Trade

Japan Balance of Trade

In September 2024, Japan’s trade balance shifted to a deficit of JPY 294.24 billion, a significant reversal from the JPY 60.56 billion surplus recorded in the same month last year. This marks the third consecutive month of trade deficits, underscoring...
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