Euro Area Manufacturing PMI
The HCOB Eurozone Manufacturing Purchasing Managers’ Index (PMI) has been slightly revised up to 46 for October 2024, compared to an initial reading of 45.9 and an increase from 45 in September. While the PMI remains below the neutral 50...
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Germany Manufacturing PMI
Germany’s manufacturing sector exhibited a slight improvement in October 2024, with the HCOB Manufacturing Purchasing Managers’ Index (PMI) being revised up to 43, from a preliminary reading of 42.6. This marks a notable increase from the 12-month low of 40.6...
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U.S. Elections Market Impact: What Does History Show?
Every four years, U.S. presidential elections become focal points not only for political and social discussions but also for economic speculation. Investors closely watch these cycles, as election outcomes can impact fiscal policies, market regulations, and even the direction of...
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United States Non Farm Payrolls
In October 2024, the U.S. economy added only 12,000 jobs, a stark decline from September’s revised 223,000 and significantly below the anticipated 113,000. This marks the lowest job growth since December 2020, primarily influenced by strikes at Boeing and potentially...
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China Caixin Manufacturing PMI
The Caixin China General Manufacturing PMI for October 2024 showed encouraging signs for the manufacturing sector, rising to 50.3 from September’s 49.3. This increase not only exceeded market expectations of 49.7 but also indicates a welcome shift towards expansion in...
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Japan Manufacturing PMI
Japan’s au Jibun Bank Manufacturing PMI was revised up to 49.2 in October from an initial reading of 49.0, following September’s final figure of 49.7. Despite this slight increase, the PMI indicates a fourth consecutive month of contraction in factory...
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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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