Economic Indicators
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Canada Faces Rising Unemployment Rate as Economic Indicators Shift
In Canada, the unemployment rate will increase to 7% in November. This is a rise…
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Eurozone Services Sector Shows Resilience Amid Mixed Economic Indicators
The Eurozone’s services sector continued to demonstrate robust growth in November, with the Services Purchasing…
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UK Economy Faces Headwinds Amid Disappointing Retail Sales and Market Volatility
As Wednesday’s disappointing retail sales figures added to concerns about UK economic chaos. The latest…
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Bank of Japan Abandons Ultra-Loose Monetary Policy Amid Rising Inflation and Yen Weakness
In a seismic policy pivot, the BOJ seems to be about to give up its…
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China’s Manufacturing PMI Hits Seven-Month Low in October
China’s manufacturing sector experienced a significant contraction in October, with the Purchasing Managers’ Index (PMI)…
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USD/JPY Faces Bearish Sentiment Ahead of Key Economic Data
The USD/JPY currency pair is showing very bearish indications. This negative trend comes after its…
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Pound Sterling Gains Momentum Amidst UK Budget Relief and Positive PMI Revision
Consequently, the Pound Sterling experienced incredible strength against all other currencies in the foreign exchange…
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US Economy Shows Signs of Cooling Ahead of Anticipated Fed Rate Cut
That would be a dramatic cooling of the United States economy. Recent economic statistics provide…
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GBP/USD Faces Uncertainty as Market Awaits Bank of England Decision
The GBP/USD pair traded with a token bid through the Asian session on Monday, a…
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US Employment Figures Show Unexpected Growth Amidst Rising Unemployment
Getting back to the United States, the other big story in economic data was the…