RBA Keeps Cash Rate Unchanged for Ninth Straight Meeting
The Reserve Bank of Australia (RBA) opted to retain its cash rate at 4.35% during its final meeting of 2024, marking the ninth consecutive gathering where borrowing costs were held steady in line with market expectations. This decision reflects the...
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China’s Trade Surplus Soars in November 2024
China’s trade surplus surged significantly to USD 97.44 billion in November 2024, up from USD 69.45 billion in the same month a year earlier. This substantial increase exceeded expectations, surpassing forecasts of USD 95 billion and marking the largest trade...
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Australia’s Business Confidence Drops Sharply in November 2024
Australia’s National Australia Bank (NAB) business confidence index experienced a notable plunge to -3 in November 2024, down from a near two-year high of 5 in the previous month. This decline marks a significant shift in the country’s economic sentiment,...
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Donald Trump: Aftermath of 2024 Presidential Victory
On September 20, 2024, Donald Trump unexpected victory in the U.S. presidential election triggered a wave of changes across global financial markets. From surging cryptocurrency values to a revitalized U.S. economy, his win seems to have profound implications on both...
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Cathie Wood Predicts Bitcoin’s Next Big Milestone
Cathie Wood, the visionary founder of Ark Invest and a renowned financial market analyst, has once again highlighted Bitcoin’s transformative potential. Wood views Bitcoin’s rise to $100,000 not merely as a price achievement but as a groundbreaking shift in the...
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