Inflation in Australia, ECB Keeps Rates, and USA GDP Growth
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...
The Currency Market: Dollar’s Volatility and Euro Zone Struggle
The Forex Currency Market and How It Shifted Today
Recent market data highlights significant shifts in both the dollar and the Euro zone. We delve into their volatile trajectories and explore their implications for informed...
Workforce Dynamics: Sept ’23 – Employment & Inflation Trends
Analyzing Labor Markets in Australia, UK, and USA
In September 2023, the workforce in Australia, the UK, and the USA experienced notable shifts. This report delves into key employment and inflation data, offering insights into...
Growth Spurts: Retail, Jobs, and Prices in September 2023
Key Economic Trends and Figures Impacting USA, UK, and Canada
USA:
Retail and Food Services Sales Experience Robust Growth
The U.S. Census Bureau reports a significant surge in retail and food services sales for September 2023, reaching...
BoE Policies, Dollar Resilience, and IMF Recommendations
Inflation Hurdles: BoE's Battle Plan, Dollar's CPI Resilience, and IMF's Counsel
In the realm of economic fluctuations, resilience proved vital as the pound showed a modest recovery, gaining 0.1% to $1.2178. This followed a significant...
Economic Outlook: Navigating Growth, Inflation, and Policy
Sustaining Resilience in an Evolving Economic Landscape
With the current economic outlook, resilience stands as a defining trait amidst challenges, with indicators pointing towards solid expansion. Recent indicators suggest that economic activity has been expanding...
Uptick in US unemployment, Canadian GDP nearly unmoved, Swiss CPI up
The GDP deflator rose 0.7% in the second quarter, as consumer inflation remained elevated. However, the terms of trade—the ratio of the price of exports to the price of imports—fell 2.0% in the second quarter, primarily because of a 3.4% decline in prices of exported goods. This was the fourth straight quarterly decrease in the terms of trade.
Slight edge down in retail sales, weekly claims lower as well
the advance figure for seasonally adjusted initial claims was 230,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 239,000 to 240,000. The 4-week moving average was 236,750, an increase of 2,250 from the previous week's revise
NZ consumers expect inflation tapering, UK is showing more growth
On average, survey respondents expected the Official Cash Rate (OCR) to be at 5.53% by the end of the September 2023 quarter
The BoE voted to increase Bank Rate. Labour force participation the highest recorded
The seasonally adjusted unemployment rate was 3.6 percent in the June 2023 quarter, compared with 3.4 percent last quarter, according to figures released by Stats NZ.
