Australia Judo Bank Manufacturing PMI
Australia’s manufacturing sector faced continued challenges in October, with the Judo Bank Manufacturing PMI inching up slightly to 47.3 from September’s 46.7. This minor improvement still reflects a contraction in activity, marking the ninth consecutive month of decline. Reduced demand,...
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United States Core PCE Price Index
In September 2024, the US core Personal Consumption Expenditures (PCE) price index—a key inflation measure closely watched by the Federal Reserve—increased by 0.3% from the previous month. This represents the highest monthly rise in five months and aligns with market...
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Canada’s GDP Shows Modest Growth in September 2024
Canada’s GDP is expected to have grown by 0.3% in September 2024, showing positive momentum after a flat performance in August. Economic activity was notably bolstered by gains in finance, insurance, construction, and retail trade, helping offset weaknesses in areas...
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Euro Area Inflation Rate
In October 2024, inflation in the Eurozone reached 2%, marking a rise from September’s rate of 1.7%. This recent increase, though slight, has brought the inflation rate in line with the European Central Bank’s (ECB) target. After months of low...
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Bank of Japan Holds Interest Rates Steady
In its October meeting, the Bank of Japan (BoJ) decided to keep its short-term interest rate unchanged at 0.25%, a level last reached in 2008. This decision aligns with market expectations and reflects the central bank’s cautious stance amid a...
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China NBS Manufacturing PMI
China’s manufacturing sector is showing fresh signs of recovery as the official Manufacturing PMI, released by the National Bureau of Statistics (NBS), rose to 50.1 in October 2024. This improvement is not only a positive jump from September’s 49.8 but...
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Germany Inflation Rate
Germany’s annual inflation rate experienced a notable increase in October 2024, rising to 2%, marking the highest rate in three months. This uptick follows a 3.5-year low of 1.6% in September and exceeds forecasts, which anticipated an inflation rate of...
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United States GDP Growth Rate
In Q3 2024, the US economy grew at an annualized rate of 2.8%, a slight decline from the 3% growth recorded in Q2 and below the expectations set by analysts. This growth rate, reported by the Bureau of Economic Analysis...
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Germany GDP Growth Rate
Germany’s economy exhibited a modest growth of 0.2% quarter-on-quarter in Q3 2024, bouncing back from a revised decline of 0.3% in Q2. This performance exceeded forecasts, which anticipated a contraction of 0.1%, suggesting that there are some positive trends emerging...
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Japan Consumer Confidence
In October 2024, Japan’s consumer confidence index fell to 36.2 from 36.9 in September, missing forecasts that anticipated a modest rise to 37. This decline marks the lowest level of consumer sentiment since May 2024 and underscores a significant cooling...
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