A Decade-First Decline in Global Oil Demand Growth
According to a new report from S&P Global Commodity Insights, global oil demand growth is expected to slow to 750,000 barrels per day in 2025—a significant 500,000 barrels per day lower than previous forecasts. This marks the first non-COVID-related decline...
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Slight Improvement in Australia’s Business Confidence
In April 2025, Australia’s NAB Business Confidence Index rose from -2 in March to -1 — its highest level since January. However, the Business Conditions Index declined from 3 to 2, and the data still reflect ongoing weakness in key...
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DE40 Index Soars Nearly 20% in Early 2025
Germany’s benchmark stock index, the DE40 (also known as the DAX), has gained remarkable ground in the early months of 2025. Since January, the index has risen by 3,980 points, marking a year-to-date growth of 19.99%. This data, tracked through...
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China’s Trade Surplus Soars to $96.18 Billion
China’s trade surplus climbed to $96.18 billion in April 2025, a significant leap from $72.04 billion a year earlier and well above market expectations of $89 billion. This surge was largely fueled by an 8.1% year-on-year export growth, even though...
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Bank of England Cuts Interest Rate to 4.25%
In its May 2025 meeting, the Bank of England (BoE) decided to lower its key interest rate by 0.25 percentage points to 4.25%. The decision passed with a narrow 5–4 vote in the Monetary Policy Committee (MPC): two members favored...
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