India’s Promising Green Investment Opportunity
Focus on growth and environment positions India as leader in sustainable development.
2 hours ago
Gold Bull Market: Fear of Heights
Gold prices have surged to new highs this year, but frequent profit-taking has led to sharp sell-offs, and the market is becoming increasingly cautious. Can the uptrend continue?
18 hours ago
[U.S.] Q2 GPD: Rises More Than Expected, Showing Strong Economic Growth
The U.S. economy grew faster than expected in the second quarter while inflation eased. The real gross domestic product (GDP) growth largely reflected increases in consumer spending, private inventory investment, and nonresidential fixed investment. Expectations of a September rate cut by the Fed were unaffected.
2024-07-26
[Japan] Tokyo July CPI: Inflation Accelerates, Supporting Rate Hike Expectations
Tokyo's core CPI increased by 2.2% in July from a year ago, accelerating for the third consecutive month. This supports expectations for a potential rate hike by the Bank of Japan.
2024-07-26
July 26th Financial News
U.S. economy continues to be strong, growing 2.8% in Q2; Nagel says the ECB should be able to cut rates if data stay on course...
2024-07-26
[Germany] July ifo Business Climate Index: Significant Drop in Business Confidence
Germany's ifo Business Climate Index fell to 87.0 points in July, after 88.6 points in June. The companies were less satisfied with the current business situation. Skepticism regarding the coming months has increased considerably.
2024-07-25
[BOC] Macklem: It's Reasonable to Expect Further Rate Cuts If Inflation Continues to Ease Broadly
If inflation continues to fall broadly in line with our expectations, there is a case for a further cut in the policy rate.
2024-07-25
July 25th Financial News
U.S. stocks were hit hard on "Black Wednesday"; the Bank Of Canada cut rates by 25 basis points and expects inflation to slow further...
2024-07-25
[Eurozone] July PMI: Overall Economy Holds Steady while Manufacturing Slumps
According to the preliminary PMI data for the Eurozone, the overall economic recovery in the Eurozone shows little change, although the manufacturing sector has noticeably deteriorated, offsetting moderate growth in the services sector.
2024-07-24
[France] July PMI: Manufacturing Declines Amid Stable Overall Economy
France's July composite PMI preliminary reading reached a three-month high, with private sector output nearly stabilizing. A significant contraction in factory production partially offset a renewed expansion in service sector activities. Employment growth continued, but demand for French goods and services further declined.
2024-07-24
[Germany] July PMI: Manufacturing Output Falls, Economy in Contraction Again
HCOB Flash Germany Manufacturing PMI hit a 3-month low in July. Germany's private sector economy slipped back into contraction, weighed down by a deeper decline in manufacturing production.
2024-07-24
[Germany] August GfK Consumer Sentiment: Recovers Significantly
The German consumer sentiment index rose more than expected heading into August, according to GfK. The rise is due primarily to consumers' income expectations increasing significantly, and economic expectations and the willingness to buy also recorded moderate increases. However, the willingness to save remained almost unchanged. Against this backdrop, current consumer sentiment has significantly recovered.
2024-07-24
[U.S.] Existing-Home Sales in June: Slip More Than Expected and Median Sales Price Jumps to Record High
The existing-home sales fell short of expectations in June. Although the housing supply rose, prices were rising and the median sales price surged 4.1% YoY to a record high of $426,900.
2024-07-24
July 24th Financial News
Democratic nominee change proves effective; Markets may overestimate the likelihood of a rate cut by the Bank of Canada...
2024-07-24
July 22nd Financial News
Biden drops out of the 2024 presidential election; the European Central Bank shouldn't pre-commit to a certain outcome before its September meeting, Muller said...
2024-07-22
Why the Bank of England Should Stop Selling Bonds
Lessons for UK taxpayer losses from European Central Bank.
2024-07-20
