Global Economy
Euro Area Inflation Eases in August; ECB Poised for Potential Rate Cut in September
The Euro Area witnessed a significant easing in inflation as consumer prices moderated to 2.2% year-on-year in August, down from...
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Global Markets Rally on Fed’s Dovish Signals; European and Asian Markets Show Mixed Reactions
Global stocks ended the week on a positive note as investors responded favorably to dovish comments from the US Federal...
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US Manufacturing PMI Drops to 8-Month Low as Services Sector Shows Resilience**
The US manufacturing sector continued to show signs of strain in August, as the Manufacturing Purchasing Managers' Index (PMI) slipped...
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Peoples Bank of China (PBoC) Holds Key Lending Rates Steady, Signals Cautious Economic Strategy
In a move widely anticipated by analysts, the People's Bank of China (PBoC) decided to maintain its key lending rates...
Read moreGlobal Diplomats Explore Partnership Opportunities as Nigeria Seeks $200 Billion Investment for Energy Transition
Nigeria’s ambitious energy transition goals have attracted the interest of international partners, as the country seeks to mobilize substantial investments...
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European Futures Gain as Investors Eye U.S. Jobs Data Amid Global Market Jitters
European futures edged up by 0.2% on Thursday, showing resilience despite a pullback in Asian markets, as investors positioned themselves...
Read moreGlobal Markets Rally as Investors Anticipate Fed Rate Cuts Amid Positive Sentiment
Global markets continued their upward trajectory, with European and U.S. futures rising alongside Asian stocks, as investor optimism grew on...
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US Inflation Eases to 2.9% in July, Lowest Level Since March 2021; Fed Rate Cut Expected in September
The Bureau of Labor Statistics (BLS) has reported that headline inflation in the United States eased by 10 basis points...
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UK Economy Shows Resilience with 0.6% GDP Growth in Q2 2024, Supported by Government Spending and Household Consumption
The United Kingdom's economy continued to display resilience in the second quarter of 2024, with real GDP growing by 0.6%...
Read moreGlobal Equity Markets Surge as Optimism Grows Over US Economy Avoiding Recession
European and US equity futures advanced on Friday, following gains in Asian markets as traders increased their exposure to risk...
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