Canada’s Economy Grows 0.5% in Q1 2025
Canada’s Economy grows as shown by Canada’s Gross Domestic Product (GDP), which grew by 0.5% in the first quarter of 2025 compared to the previous quarter. In this period, Canada’s economy grows steadily, marking a continued, albeit modest, economic recovery....
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Germany’s Inflation Holds Steady in May 2025
Germany’s consumer inflation rate remained unchanged at 2.1% in May 2025, matching April’s figure and marking the lowest rate since October 2024. The May inflation reading came in slightly above market expectations of 2.0%, staying above the European Central Bank’s...
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Weekly Jobless Claims Rise in the U.S
🔻 The number of initial jobless claims rose by 14,000 to 240,000 in the week ending May 24. This was the highest in a month and above the market forecast of 230,000. 🔻 Continuing claims, which reflect the number of...
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U.S. Economy Enters First Quarterly Contraction Since 2022
The U.S. economy contracted in the first quarter of 2025, with GDP declining at an annualized rate of 0.2%. This was slightly better than the initial estimate of a 0.3% drop. However, it still marked the first quarterly decline since...
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Canada’s Current Account Deficit Narrows in Q1 2025
Canada’s current account deficit narrowed to CAD 2.1 billion in the first quarter of 2025. This was down from CAD 3.6 billion in the previous quarter and well below market expectations of CAD 3.25 billion. Overall, this trend in Canada’s...
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FTSE 100 Nears Three-Month High!
📉 The FTSE 100 index was little changed on Wednesday. It stayed close to its three-month high after gaining 0.7% in the previous session.📌 Today’s market action was largely influenced by company-specific news. This was rather than macroeconomic data or...
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European Indices Stalled!
📉 Market Snapshot 🔹 STOXX 50 and STOXX 600 showed little change on Wednesday🔹 European indices, including these two, hovered near previous levels after two consecutive days of gains🔹 Investors are taking a wait-and-see approach amid global uncertainties Educational Section:...
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U.S. Dollar Index Rises Amid Improved Consumer Confidence
The U.S. Dollar Index (DXY) climbed to 99.7 on Wednesday, continuing its upward trend from the previous session. Analysts keep a close watch on the U.S. Dollar Index for changes in market perceptions. It also has implications on global currencies....
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Australia’s Inflation Holds Steady in April 2025
Australia’s Inflation is a topic of concern as the monthly Consumer Price Index (CPI) rose by 2.4% year-on-year in April 2025. This was the same pace as in February and March. Moreover, it was slightly above market expectations of 2.3%....
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WTI Crude Rises to $61.2 Amid Geopolitical Tensions
WTI crude rises as futures climbed to around $61.2 per barrel on Wednesday, partially recovering from the sharp drop seen the previous day. Reports indicate WTI crude rises due to various geopolitical tensions. This rebound was driven by concerns over...
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