What’s in store for the week ahead? US CPI and China’s GDP in the Spotlight
This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic…
U.S. economic growth remains impressive. It’s the envy of the world, except at home
WASHINGTON — The last and most consequential report on the nation’s economic health before next week’s election provided more evidence of America’s resilient growth. Whether it…
GDP, Storm-Impacted Jobs Numbers to Set Table Ahead of Fed Policy Meeting
Breadcrumb Trail LinksPMN BusinessA week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to…
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong…
Week ahead in the markets: Eurozone to confirm the second quarter GDP
Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic…
Bank of Canada may make bigger cut after GDP data
Breadcrumb Trail LinksNewsEconomyDetails in report hint at a stalling economyPublished Aug 30, 2024 • Last updated 22 minutes ago • 5 minute read You can save…
UK economy grows again as GDP rises 0.6% in second quarter – what it means for your money
THE UK economy has continued growing as the latest figures showed GDP rose by 0.6% in between April and June.Gross Domestic Product went up by…
China crisis? China’s second-quarter GDP falls short of expectations
China reported weaker-than-expected gross domestic production (GDP) data for the second quarter and softened economic data for June. The country also began its Third Plenum…
NATO pushes members to raise defence spending to 2% of GDP | Russia-Ukraine war
Military alliance scrambles to deter Russia and prepare for a potential Donald Trump presidency as it marks 75 years.NATO is holding a summit in Washington,…
NATO pushes members to raise defence spending to 2% of GDP | Russia-Ukraine war
Military alliance scrambles to deter Russia and prepare for a potential Donald Trump presidency as it marks 75 years.NATO is holding a summit in Washington,…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Australia’s economy grew by 0.1 per cent in March quarter in very weak start to 2024
Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian…
Eye on the Markets: Eurozone GDP and US CPI in the Spotlight
This week, investors await the eurozone's flash Q1 GDP and final April CPI figures, alongside crucial US April inflation data, pivotal for central banks' interest…
Countries with Highest GDP Growth 2024
Economic growth is a marathon, not a sprint and while some nations have made plans for long-term progress, others have squandered their good fortune and…
Countries with Lowest GDP Growth 2024
After recessions, economies often bounce back more vigorously than ever—unless they stumble across new obstacles along their way. Before the Russian invasion of Ukraine, the…
Angola’s GDP up 0.9 amid pressures of currency devaluation and inflation
Angola’s economy experienced a 0.9 percent growth in GDP in 2023, as reported by the National Bank of Angola (BNA). The BNA’s Annual Report and…
Can Australia pull off the once-impossible with jobs and inflation?
It's a miracle.At least, that's the thinking of a growing number of the world's greatest minds as they ponder the thorny subject of chucking people…
Japan avoids recession after Q4 GDP revised upward to 0.4% growth
Strong capital expenditure helped the Japanese economy grow by 0.4% in the October-December period compared with the same period the previous year, revised government figures…
Ministers call for defence spending of 2.5% of GDP
Two senior Conservatives publicly call on Rishi Sunak to increase spending to counter global risks. Source link
Nvidia’s AI-friendly hardware sends its market value soaring higher than Australia’s GDP
In short: Chipmaker Nvidia has posted a record revenue figure of $US22.1 billion for the December quarter — up 265 per cent on the prior year.Its…