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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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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United States Dallas Fed Manufacturing Index
In October 2024, the Federal Reserve Bank of Dallas reported a modest improvement in Texas manufacturing activity, with the general business activity index rising to -3, up from -9 in September. This marks the mildest contraction since the sequence of...
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United States Durable Goods Orders
In September 2024, U.S. durable goods orders dropped by 0.8%, or $2.2 billion, reaching a total of $284.8 billion. This follows a similar 0.8% decline in August, reflecting a cooling in manufacturing demand. The decrease came slightly better than market...
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Japan Tokyo Core CPI
In October 2024, Tokyo’s core consumer price index (CPI) rose 1.8% year-on-year, marking a slowdown from 2% in September and reaching its lowest level since April. This latest figure, slightly above the forecast of 1.7%, highlights a cooling trend in...
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United Kingdom Consumer Confidence
The GfK Consumer Confidence index in the UK slipped to -21 in October 2024, down from -20 in September. This marks the lowest point for the index this year and matches levels seen in February and March. The decline comes...
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United States Initial Jobless Claims
In a positive signal for the US economy, jobless claims dropped by 15,000 to 227,000 for the week ending October 19, 2024, marking the lowest level since early October and significantly below market expectations of 242,000. This decline in unemployment...
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Germany Manufacturing PMI
Germany’s manufacturing sector saw a slight improvement in October 2024, as the HCOB Flash Manufacturing PMI climbed to 42.6 from September’s 40.6, the lowest point in nearly a year. This uptick beat market expectations of 40.8, but the sector remains...
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Australia Judo Bank Manufacturing PMI
Australia’s manufacturing sector continues to face tough times, with the Judo Bank Manufacturing PMI slipping to 46.6 in October 2024 from 46.7 in September, according to flash readings. This drop signals the sector’s health has deteriorated for the ninth month...
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