Australia’s Inflation Rate Falls to 2.4% in Q4 2024
Australia’s inflation rate dropped to 2.4% in Q4 2024, down from 2.8% in Q3, marking the lowest level since Q1 2021. This decline was slightly better than market expectations of 2.5%. The primary driver behind this slowdown was a significant...
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US Durable Goods Orders Decline in December 2024
In December 2024, the US Durable Goods decline in new orders for manufactured durable goods, with total orders falling 2.2% month-over-month, reaching $276.1 billion. This decrease marked a significant departure from market expectations, which had forecast a modest increase of...
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Nvidia’s $593 Billion Loss: A Record-Breaking Market Drop
On Monday, Nvidia made history for all the wrong reasons. The tech giant’s stock plummeted by a staggering 16.9%, resulting in a $593 billion loss in market value—marking the largest one-day drop in U.S. stock market history. This sudden decline...
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Business Confidence Trends in Australia: December 2024
In December 2024, Business Confidence Trends in Australia index saw a slight improvement, ticking up to -2 from -3 in November. While this marks the second consecutive month of negative sentiment, the marginal improvement suggests a cautiously optimistic outlook among...
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Gold and Precious Metals Prices Decline as the US Dollar Gains Strength
Gold prices fell in early Asian trading on Monday, reversing the significant gains seen last week, as the US dollar strengthened in response to escalating trade tensions between former President Donald Trump and Colombia. Investors are also awaiting the Federal...
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Blockchain in US Government: Transparency and Efficiency
Elon Musk has initiated an innovative project with the creation of the Department of Government Efficiency (D.O.G.E.), aiming to use blockchain technology to modernize federal operations, reduce costs, and enhance transparency in the U.S. government. Supported by figures like Charles...
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Q4 2024 Earnings Forecast for Major Tech Firms and AI Influence
As the fourth-quarter earnings season kicks off for tech companies, all eyes are on the “Magnificent 7″—a group of tech giants whose significant investments in artificial intelligence and infrastructure have been shaping both the industry and financial markets in Q4...
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The Impact of Trump’s Policies and Fed Decisions on Inflation
As we enter 2025, the global financial landscape is being significantly shaped by the economic policies of The Impact of Trump’s Policies and the decisions made by the Federal Reserve. A key question investors face is how this combination of...
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China’s Manufacturing PMI Shows Unexpected Contraction
China’s Manufacturing PMI unexpectedly dropped to 49.1 in January 2025, marking the first contraction in factory activity since September. This result missed both market expectations and December’s reading of 50.1. The decline is seen as the steepest in five months,...
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Federal Reserve’s Challenges to Trump’s New Policies
As the Federal Reserve Open Market Committee (FOMC) prepares for its upcoming meeting, all eyes are on how the Fed will respond to Donald Trump’s latest economic policies. With the Federal Reserve’s policy-setting meeting scheduled for next week, attention is...
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