Quick Look: Indonesia’s Q1 GDP grew 5.11% year-on-year, surpassing forecasts. Key drivers
Saudi Arabia is planning to balance its state budgets over the medium
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
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 de
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%. Soar
IMF Forecasts 3.2% Global Growth in 2024
Quick Look: IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges
Countries in different parts of the world are trying to minimize the
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Quick Look: Indonesia’s Q1 GDP grew 5.11% year-on-year, surpassing forecasts. Key drivers
Quick Look: Indonesia’s Q1 GDP grew 5.11% year-on-year, surpassing forecasts. Key drivers
Saudi Arabia Willing to Accept Deficit for Economic Growth
Japan to Retain Policy, Centers on 10-Year Yield Range
China-Based US Firms Plans to Relocate, Survey Says
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NZD/USD Holds at 0.6000, Targets 0.6070
Quick Look: The NZD/USD is bullish, with key indicators like RSI and
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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
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
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NZD/USD Holds at 0.6000, Targets 0.6070
Quick Look: The NZD/USD is bullish, with key indicators like RSI and MACD showing upward momentum. Long-term indicators suggest a looming bearish outlook despite the current bullish swing. The currency pair is eyeing the 0.6070 target, with support at
AUD/USD Hits 0.6624, Eyes on RBA’s Next Moves
Quick Look: AUD/USD resilient, testing key resistance levels; support found at 0.6520. Recent gains are fueled by a weak USD and positive commodity prices. Market focus on upcoming RBA decision, with expectations of maintaining current rates. The AUD/USD pair
EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The
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,
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
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
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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, lower
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Akash Network’s AKT Rises 50% Post-Upbit Listing
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
IMF Forecasts 3.2% Global Growth in 2024
Quick Look: IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges. Advanced economies like the US and the Eurozone show positive indicators, surpassing pre-COVID levels. Geopolitical tensions, inflation risks, and differing central bank approaches threaten forecasted growth despite potential economic drivers.
Russia’s 3% Growth, Defense Spending Surge in 2024
Key Points Russia’s economy grew 3% in 2023, with projections of 2.6% in 2024 and a slowdown to 1.1% in 2025. Nearly a third of Russia’s 2024 budget will fund military expenditures, highlighting a
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
Singapore-Thailand Talks Boost Digital & Green Growth
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