China’s Trade Surplus Hits Record High in October 2024
China’s trade surplus soared to USD 95.27 billion in October 2024, a significant jump from USD 56.13 billion in the same month last year. This was well above the expected surplus of USD 75.1 billion, marking the largest trade surplus...
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Australia’s Trade Surplus Shrinks in September 2024
Australia’s trade surplus on goods experienced a notable decline in September 2024, falling to AUD 4.61 billion from a revised AUD 5.28 billion in August. This figure came in below market expectations, which had anticipated a surplus of AUD 5.30...
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Germany’s Factory Orders Surge in September 2024
Germany’s factory orders saw a significant rebound in September 2024, rising by 4.2% month-over-month, far exceeding market expectations of 1.5%. This follows a sharp 5.4% decline in August, the steepest drop since January. The September increase signals a positive shift...
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Japan Interest Rate
The Bank of Japan (BoJ) has chosen to keep its key short-term interest rate unchanged at 0.25% during its October meeting, marking the highest level since 2008 and aligning with market expectations. This decision comes as Japan’s political landscape shifts...
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United States API Crude Oil Stock Change
For the week ending November 1, 2024, U.S. crude oil inventories saw a significant rise, increasing by 3.132 million barrels. This spike comes after a small decline of 0.573 million barrels the previous week, marking a noticeable turnaround. According to...
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