ECB Signals and Asian Market Responses
Thursday's market focus in Europe revolves around the European Central Bank's (ECB) October meeting minutes and the release of flash Purchasing Managers' Index (PMI) figures for various European nations....
Resilience Shown by the US Labor Market as well
The Resilience of the economies for both the UK and EU are tested. Optimism for the US labor market as unemployment claims are down.
UK Economic Resilience...
More revenue shaping news after Federal Reserve Meeting
Nvidia's revenue spiked, S&P500 peaked, futures slipped. Crude stable pre-OPEC+. Australia faced inflation, Canada's CPI rose on gas dip.
Tech Sector's Momentum
Renewed enthusiasm in AI, driven by Microsoft's...
Uptick in multi-unit Canadian construction
In the week ending November 11, the US Department of Labor reported an uptick in initial jobless claims, reaching 231,000—a rise of 13,000 from the prior week. The 4-week moving...
Wage levels in US, UK dependent on inflation numbers
In the latest Wage Price Index (WPI) release for Australia, the measure of changes in labor prices revealed significant shifts in the third quarter of 2023....
An Index of US and UK Economic Realities
US Consumer Price Index stable, 3.2% YoY increase. UK faces job decline, 7.7% pay growth. Swiss prices rise 0.2%, driven by energy.
In October, the U.S. Consumer Price...
British economy 0.2% over recession, US unemployment claims down
The US unemployment rate decreased by 3,000 to 217,000 and UK's monthly GDP away from recession by 0.2% in September, driven by increase in services output....
Consumer Inflation in NZ Down, Falling FED Treasury Yields
In October, China's Consumer Price Index (CPI) experienced a year-on-year decline of 0.2%, indicating a mild deflationary trend. Meanwhile, New Zealand's Official Cash Rate (OCR) is...
The government in various countries evaluates economic risks
Recent economic developments, encompassing the Reserve Bank of Australia's rate adjustment by the government, USD trends, and the IMF's revised growth forecast for China. Here's a detailed...
While Inflation Is a Worry, Key Economic Benchmarks Improve
From Australia's CPI surge and inflation numbers to the ECB's strategic interest rate decisions, and the impressive US GDP growth rate in our summary.
Australia's Economic Landscape
Inflation...