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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Australia Monthly CPI Indicator
In September 2024, Australia’s Consumer Price Index (CPI) increased by 2.1% compared to the previous year, marking a significant cooling in inflation. This rate not only undershot market expectations of 2.4% but also showed a noticeable drop from August’s 2.7%,...
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United States Job Openings
In September 2024, job openings in the U.S. saw a significant decline, falling by 418,000 to a total of 7.443 million. This reduction comes after a revised total of 7.861 million openings in August and falls below the anticipated figure...
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United States Goods Trade Balance
The US trade deficit saw a significant increase in September 2024, widening to $108.2 billion from $94.2 billion in August. This sharp escalation marks the largest trade gap since March 2022, when disruptions in commodity supplies triggered by the Russian...
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Germany GfK Consumer Climate
In November 2024, Germany’s GfK Consumer Climate Indicator rose to -18.3, marking a significant rebound from a revised -21.0 in the previous period. This increase represents the highest reading since April 2022, signaling a positive shift in consumer sentiment for...
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