Asian Currencies Struggle Amid U.S. Tariff Threats
As financial markets continue to grapple with the impacts of global trade policies and geopolitical events, most Asian currencies faced downward pressure on Wednesday. Investors are cautious ahead of new trade tariffs expected from the U.S. under former President Donald...
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Canada’s Inflation Rate Eases in December 2024
Canada’s Inflation Rate eased to 1.8% in December 2024, slightly down from 1.9% in November, falling just below market expectations. This marks the lowest rate of price growth since September 2024, as inflation remains within or below the Bank of...
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Germany’s Economic Sentiment Declines in January 2025
The Germany’s Economic Sentiment dropped significantly to 10.3 in January 2025, down from 15.7 in December and far below market forecasts of 15.3. The decline reflects growing concerns over the German economy, which contracted for the second consecutive year in...
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UK Unemployment Rate Rises to 4.4% in Latest Data
The UK Unemployment Rate has increased to 4.4% for the period from September to November 2024. This marks a slight rise from the previous rate of 4.3%, which had been steady for the past two periods. The latest figure reflects...
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Germany’s Producer Prices Decline in December 2024
In December 2024, Germany’s Producer Prices fell by 0.1% month-over-month, defying market expectations of a 0.3% rise. This decrease contrasts with the 0.5% increase recorded in November, marking a notable shift in momentum. The drop suggests that pressures at the...
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Japan’s Industrial Production Declines in November 2024
Japan’s industrial production fell by 2.2% month-over-month in November 2024, slightly improving on the preliminary estimate of a 2.3% decline. This marks the first contraction since August, following October’s strong 2.8% growth. The decline signals a slowdown in the country’s...
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Euro Area Inflation Rises to 2.4% in December 2024
The annual Euro Area Inflation climbed for the third consecutive month, reaching 2.4% in December 2024—the highest level since July. This was up from 2.2% in November and aligned with market expectations. The rise was largely driven by base effects,...
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UK Retail Sales Fall 0.3% in December 2024
UK Retail Sales unexpectedly declined by 0.3% month-over-month in December 2024, reversing a modest 0.1% rise in November. This decline came despite forecasts predicting a 0.4% increase. The drop was largely driven by a 1.9% fall in food store sales,...
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China’s Economy Grows by 5.4% in Q4 2024
China’s economy expanded by 5.4% year-on-year in Q4 2024, a significant acceleration from the 4.6% growth recorded in Q3. This growth exceeded market expectations of 5.0%, marking the strongest annual growth rate in 1.5 years. The country’s economic recovery was...
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US Retail Sales Growth Slows to 0.4% in December 2024
US Retail Sales increased by 0.4% month-over-month in December 2024, marking the slowest growth in four months. This followed a stronger, upwardly revised 0.8% rise in November and came in below market expectations of 0.6%. Despite the deceleration, the data...
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