Economic Indicators
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September Durable Goods Report Shows Modest Growth Amid Uncertainty
Thanksgiving came early this year with a surprise baked into the September durable goods report.…
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US Durable Goods Orders Exceed Expectations with 0.5% Increase in September
And finally, the US Census Bureau announced a 0.5% increase in September for new orders…
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US Jobless Claims Drop as Labor Market Remains Resilient
Surprising the market again, the US DOL announced another decline in Initial Jobless Claims for…
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Chancellor’s New Strategy Provides Fiscal Breathing Space Amid Economic Challenges
The UK Chancellor has just announced a new fiscal strategy. More importantly, this approach would…
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Rachel Reeves Unveils Autumn Budget with Focus on Investment and Tax Contributions
On Wednesday, Rachel Reeves, the UK’s Shadow Chancellor, delivered the Autumn Budget. She detailed her…
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Gold Performance Faces Resistance Amid Market Fluctuations
Gold prices have exploded over the past year. They’re inching up towards the top of…
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Australia’s Inflation Data Boosts AUD/USD as RBA Maintains Steady Stance
In October, Australia’s trimmed mean Consumer Price Index (CPI) soared by 3.3% on the year.…
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UK’s OBR Forecasts Significant Tax Increases Amid Rising Public Sector Borrowing
The Office for Budget Responsibility (OBR) has just put out its latest forecast. PSNB is…
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Sterling Faces Uncertainty Ahead of Budget Address
The United Kingdom braces itself for a pivotal moment as Chancellor Rachel Reeves is set…
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Caution Surrounds US September Retail Sales Data Amid Government Shutdown
The recently released US retail sales data for September has sent alarm bells ringing among…