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Growth for the Aussie economy, US adds more jobs

UK Spring Budget published, Canada maintains rates UK's Budget: growth & tax cuts. Australian GDP up 0.2%, imports down 3.4%. US adds 140K jobs, pay rises 5.1%. Canada's Bank holds rates. Australian Domestic Product Growth Australia's GDP...

Increase in US jobless claims, BTC returns to highs

Canadian GDP slightly up, Asian markets performed well today US Unemployment increase; Hormel surges while Snowflake plummets; Canadian GDP up; Yen strengthens; Chinese shares jump; Oil stable; ECB watched US Unemployment Figures increase Initial claims for unemployment...

Tech leader Nvidia to spark earnings interest, Amazon in DJ30

Walmart shows positive outlook compared to Home Depot Tech volatility sparked by Nvidia's earnings. Walmart rises, Home Depot falls. Amazon, Uber join Dow Jones. Global markets, commodities watched. Tech Volatility The tech sector experienced volatility as Nvidia,...

Australia happy with market inflation so far, China gains

US market recovering ground after record highs RBA maintains cash rate, China's market rallies, US markets stable under Fed's guise. Global markets catch short respite. RBA Maintains Cash Rate The Reserve Bank of Australia (RBA) announced its...

Food prices are an inflation concern now, employment steady

US and Australia jobless claims drop slightly UK CPI at 4.2% in Dec 2023, food drives inflation. US unemployment claims drop. Retail sales rise 0.6% to $709.9B. Australia's job market stable United Kingdom: CPI prices with food...

Revenue in AI to shoot up, Inflation in Canada & Australia

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 US jobles claims, Australia rate steady

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...

Record wage rise in Australia, UK inflation slowdown

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....

The Impact of RBA’s Government Rate Hike, USD Dominance and China Outlook

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...

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...
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