Germany’s Economy: A Modest Q3 Recovery
Germany’s economy recorded slight growth in the third quarter of 2024, expanding by 0.1% quarter-on-quarter, according to revised figures. This marks a mild recovery from a 0.3% contraction in Q2 but falls short of the initial 0.2% growth estimate. On...
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Japan’s Inflation Hits Lowest Level Since January
Japan’s annual inflation rate eased to 2.3% in October 2024, down from 2.5% in September, marking its lowest level in nearly 10 months. This decline signals a slowdown in price pressures across several sectors, driven by reduced energy costs and...
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Australia’s Manufacturing PMI Improves Slightly in November
The Judo Bank Australia Manufacturing PMI rose to 49.4 in November, up from 47.3 in October. While the sector remained in contraction for the 10th straight month, the pace of decline softened to its slowest in six months. This slight...
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Canada’s Industrial Producer Prices Experience Strong Rebound in October 2024
Canada’s industrial producer prices surged by 1.2% month-over-month in October 2024, marking a significant recovery following two consecutive months of declines. The increase exceeded analysts’ expectations, which had forecasted a more modest 0.3% rise. This strong rebound comes after a...
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Dormant Bitcoin Wallets Come Back to Life: A Look at Their Impact
In a surprising turn of events, some of Bitcoin’s oldest and long-inactive wallets, known as dormant Bitcoin wallets, have become active. They are moving millions of dollars worth of cryptocurrency. These movements highlight the enduring relevance of Bitcoin as an...
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