Japan’s Manufacturing PMI Shows Modest Improvement
In December 2024, Japan’s au Jibun Bank Manufacturing PMI stood at 49.6, slightly above the flash estimate of 49.5 and an improvement from the 49.0 recorded in November. While the PMI remained below the neutral 50.0 mark, indicating a continued...
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The Reserve Bank of Australia Holds Cash Rate Steady!
The Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35% during its final meeting of 2024, marking the ninth consecutive meeting without a change. This decision aligns with market expectations, reflecting the central bank’s cautious approach as...
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Canada’s Industrial Producer Prices Rise in November 2024
Canada’s industrial producer prices rose by 0.6% month-over-month in November 2024, building on a 1.2% increase in October. This growth surpassed market expectations, which had predicted a more modest rise of 0.3%. The increase was driven by significant price hikes...
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Canadian Economy Contracts in November 2024
Canadian Economy GDP contracted by 0.1% month-on-month in November 2024, marking the first decline in 11 months. This downturn was driven by lower output in key sectors such as extractive industries, transportation and warehousing, and financial services. However, growth in...
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UK Economy Stalls in Q3 2024
The UK Economy stalled in the third quarter of 2024, with growth revised down from the initial estimate of 0.1% to a flat performance. This marks a slowdown from the revised 0.4% growth recorded in Q2. The revisions highlight a...
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