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...
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...
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,...
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...
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...
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....
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...