Global Economy Earlier this week, in the EU, Eurostat released preliminary GDP data for Q1:2024. In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% QoQ in both…
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Global Economy Earlier this week, we observed China’s Caixin/S&P Global services purchasing managers' index (PMI) eased to 52.5 points in April 2024 from 52.7 points in March 2024, remaining in…
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Global Economy Earlier this week, the Federal Reserve left its key monetary policy rate unchanged, a position held since July 2023, at a ten year plus high of 5.25%-5.50%. This…
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Global Economy Earlier this week, S&P Global released flash Purchasing Manager Index (PMI) reports for both the UK and US. The headline S&P Global Flash US PMI Composite Output Index…
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Global Economy Earlier this week, we saw data from the US Census Bureau on retail sales for March 2024. Retail sales rose 0.7% MoM in March 2024, according to the…
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Global Economy Earlier this week, the Governing Council of the European Central Bank (ECB) decided to keep its monetary policy rates unchanged. While overall inflation levels have been tapering, the…
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Global Economy Earlier this week, we saw data from China detailing that services activity growth in the country accelerated in March 2024 as new business rose at the fastest pace…
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Global Economy Earlier this week, the US Bureau of Economic Analysis (BEA) released its third estimate of the US Q4:2023 and 2023FY GDP. According to the BEA, Real gross domestic…
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Global Economy Earlier this week, data from the office of National statistics showed the UK Consumer Prices Index (CPI) rose by 3.4% YoY in February 2024, down from 4.0% YoY…
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Global Economy Earlier this week, the US Census Bureau released retail trade data. According to the Census Bureau, advance estimates of U.S. retail and food services sales for February…
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