Germany’s Factory Orders Drop Sharply in November
Germany’s factory orders fell by 5.4% month-on-month in November 2024, marking a sharper decline than October’s 1.5% drop and falling well below market expectations of no change. This was the steepest contraction since August, driven by a massive 58.4% plunge...
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Japan’s Consumer Confidence Dips in December
Japan’s Consumer Confidence Index fell to 36.2 in December 2024, down from 36.4 in the previous month and below market expectations of 36.6. The drop reflects a subtle softening in consumer sentiment, marking a cautious outlook heading into the new...
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Australia’s CPI Rises in November
Australia’s CPI rose by 2.3% year-on-year in November 2024, slightly exceeding market expectations of 2.2%. This marked an acceleration from the 2.1% recorded in the previous two months and the highest reading since August. The increase was partially influenced by...
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US Trade Deficit Widens to $78.2 Billion in November 2024
US Trade deficit expanded to $78.2 billion in November 2024, up from a revised $73.6 billion in October, aligning with market expectations. This widening gap reflects a surge in both imports and exports, driven by strong demand across various sectors....
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Climbs to 2.4% in December 2024
The Euro Area’s inflation rate surged for the third consecutive month, reaching 2.4% in December 2024, marking the highest rate since July. According to preliminary estimates, this rise aligns with market expectations and represents a slight increase from the 2.2%...
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