Economy

Economy

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including

Economy

Saudi Arabia is planning to balance its state budgets over the medium

Economy

Countries in different parts of the world are trying to minimize the

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Economy

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including

Economy

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including

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Germany’s GDP Shrinks by 0.2%, Slowest G7 Growth Projected

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including a loss of Russian gas and spiked energy costs. Despite challenges, certain sectors, like auto production, showed resilience with significant growth. The

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USD/JPY Ascends to 156.20, Potential Climb to 160 Levels

Quick Look: USD/JPY trading above 156.00, indicating sustained bullish momentum. Key support at 155 yen, resistance up to 160 yen. Experts recommend buying on dips, reflecting positive sentiment. The USD/JPY currency pair continues to showcase its robustness in the

EUR/USD Hits 1.0780: Rising Amid FOMC and CPI Events

Quick Look: Strong Technical Support: EUR/USD above key levels; 14-day EMA at 1.0752. Bullish Breakout Potential: Resistance near 1.0800; exceeding it could reach 1.0885. Important Economic Data: Upcoming CPI could weaken the USD, boosting the Euro. The Euro experienced

AUD/USD Resistance at 0.65, Support at 0.64 Amid Volatility

Quick Look: AUD/USD resistance at 0.65, support at 0.64, with fluctuations influenced by economic indicators and Federal Reserve policies. Traders remain cautious, eyeing upcoming US economic data releases; sentiment leans towards modest gains with potential slow declines. Focus on

NZD Falls to 0.6000 USD Amid Weakening Economic Indicators

Quick Look: The NZD/USD current rate is 0.6000 amid bearish trends, weakening domestic indicators, and strong US data. Reserve Bank of New Zealand hints at a possible rate cut 2024 due to declining inflation expectations. Technical analysis shows NZD/USD

Germany’s GDP Shrinks by 0.2%, Slowest G7 Growth Projected

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including a loss of Russian gas and spiked energy costs. Despite challenges, certain sectors, like auto production, showed resilience with significant growth. The labour market reflects gender disparity;

Indonesia’s Q1 GDP Growth at 5.11%, Exceeding Forecasts

Quick Look: Indonesia’s Q1 GDP grew 5.11% year-on-year, surpassing forecasts. Key drivers are government spending (20%), household spending (4.91%), and investment (3.79%). Experts predict varied growth rates, from 4.5% to 5.2%. Public spending grew 20%, and household consumption accounted

USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies

Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,

UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops

Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up

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Germany’s GDP Shrinks by 0.2%, Slowest G7 Growth Projected

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including a loss of Russian gas and spiked energy costs. Despite challenges, certain sectors, like auto production, showed resilience with significant growth. The labour market reflects gender disparity; reforms aim for full-time work and digital infrastructure to boost

Germany’s GDP Shrinks by 0.2%, Slowest G7 Growth Projected

Quick Look: Germany, Europe’s economic powerhouse, faced unique challenges last year, including a loss of Russian gas and spiked energy costs. Despite challenges, certain sectors, like auto production, showed resilience with significant growth. The labour market reflects gender disparity; reforms aim for full-time work and digital infrastructure to

Indonesia’s Q1 GDP Growth at 5.11%, Exceeding Forecasts

Quick Look: Indonesia’s Q1 GDP grew 5.11% year-on-year, surpassing forecasts. Key drivers are government spending (20%), household spending (4.91%), and investment (3.79%). Experts predict varied growth rates, from 4.5% to 5.2%. Public spending grew 20%, and household consumption accounted for 54.93% of GDP. Challenges include high interest rates,

UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops

Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up but pound strength and job market stability noted. In

South Korea’s Economic Turmoil in a Shifting Global Landscape

Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with a high delinquency rate of 6.55%. Soaring debts in real estate, highlighted by Taeyoung’s restructuring and a US$66 billion government intervention. Significant funds enrich the tech sector with major semiconductor projects led by SK Hynix and

Japan Slips to 4th in Global Economy, GDP Shrinks 0.4%

Quick Look Japan now ranks as the world’s fourth-largest economy, trailing behind Germany. The country’s GDP contracted in the last quarter of 2023, with an annual shrinkage of 0.4%. Economic growth slowed to 1.9%

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