Contraction in France’s Services Sector: Declining Demand
According to a report published by S&P Global on Friday, France’s services sector contracted further in January due to weak demand and political instability, adding more pressure on economic activity. Decline in Services PMI The HCOB Flash Services PMI Business...
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U.S. New Guidelines for Supporting Digital Assets
On January 23, 2025, the President of the United States issued a groundbreaking executive order aimed at fostering the development of digital assets and blockchain technologies. The new guidelines are designed to ensure the U.S. remains at the forefront of...
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Oil Prices Fall Amid Trump Policy Uncertainty
Oil prices continued their downward slide on Thursday, marking the sixth consecutive day of losses in Asian trading. This sustained decline reflects growing unease about how Donald Trump’s proposed trade tariffs and energy policies could impact global economic growth and...
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Gold Prices Near Three-Month High Amid Dollar Weakness
Gold prices remain in focus as they continue to hover near their three-month peak. On Thursday, the market saw little change, supported by a weaker U.S. dollar and growing uncertainty around global trade policies. Here’s a detailed breakdown of the...
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UK Budget Deficit Widens, Pressuring Chancellor Reeves
In December, UK Budget Deficit soared beyond expectations, primarily driven by rising debt interest costs and military property purchases by the government. These financial strains are putting significant pressure on Chancellor Rachel Reeves as she navigates the nation’s fiscal challenges....
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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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