Economic

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Key Economic Data Highlights for the Week Ahead

Asia Monday: Tuesday: Thursday: Friday: Europe Monday: Wednesday: Thursday: Friday: United States Monday: Tuesday: Wednesday: Thursday: Friday: This week is expected to be packed with essential economic data releases from various regions, providing valuable insights into the global economic landscape. Keep an eye on these indicators to stay informed about the latest developments in the …

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Japan’s Confidence in Major Manufacturers Surges in Q3/23, Reflecting Economic Resilience

In a promising development for the Japanese economy, the Bank of Japan (BOJ) announced today that the confidence index of major manufacturers in the third quarter of 2023 has soared to level 9. This significant uptick marks a notable improvement from the previous quarter’s level of 5. The consecutive rise in confidence reflects Japan’s resilience …

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UK Records 0.2% Quarter-on-Quarter Growth in Q2/23, Reinforcing Economic Resilience

The UK’s Office for National Statistics (ONS) has reported that the country’s gross domestic product (GDP) for the second quarter of 2023 exhibited a 0.2% increase compared to the previous quarter. This growth aligns with the expectations of economists, who had foreseen a 0.2% expansion for the same period. The figures remain consistent with the …

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China Beige Book Signals Weakening Economic Activity in September

China Beige Book International (CBBI) has released its latest report, revealing a slowdown in China’s economic activity in September, with retail sales, pricing power, industrial production, and lending all experiencing a more pronounced decline compared to August. In its report published on September 29, China Beige Book International (CBBI) painted a picture of decelerating economic …

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US Second Quarter 2023 GDP Growth Hits 2.1%, Aligns with Predictions

The US Department of Commerce has released its highly anticipated third estimate for the second quarter of 2023 Gross Domestic Product (GDP), revealing that the US economy expanded by 2.1% during the period. This figure is consistent with the expectations of analysts and remains unchanged from the second estimate, although it falls short of the …

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New Zealand Surpasses Expectations with 0.9% GDP Growth in Q2 2023

The Office of National Statistics in New Zealand has delivered positive economic news, revealing that the country’s economy outperformed expectations in the second quarter of 2023, with a notable boost from the services sector. In a quarterly comparison, New Zealand’s Gross Domestic Product (GDP) expanded by a robust 0.9% during the second quarter of 2023. …

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China Surprises with Robust Industrial Production and Retail Sales Growth in August, Signaling Economic Recovery

China’s National Bureau of Statistics (NBS) has unveiled impressive economic data for August, revealing notable growth that surpasses expectations and sends encouraging signals of an economic rebound. Industrial production in China surged by 4.5% year-on-year in August, marking a significant improvement compared to July’s 3.7% expansion and outperforming the 3.9% growth anticipated by analysts in …

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Germany’s Economic Confidence Surpasses Expectations in September, Driven by Central Bank Sentiment

In a surprising turn of events, the European Economic Research Center (ZEW) has reported a boost in Germany’s economic confidence index for the month of September. Contrary to analysts’ predictions of a decline to -15.0 from its August figure of -12.3, the index rose to -11.4, suggesting a more optimistic outlook among German economic experts. …

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FTI Reports Export Slowdown as Thai Economy Recovers Gradually: August Industrial Confidence Index Hits 1-Year Low at 91.3

The Federation of Thai Industries (FTI) has released the results of its Industrial Sentiment Index survey for August 2018, revealing a decline to a level of 91.3, down from July’s 92.3. This marks the second consecutive month of decline and the lowest point in a year. When dissecting the components of the index, it becomes …

FTI Reports Export Slowdown as Thai Economy Recovers Gradually: August Industrial Confidence Index Hits 1-Year Low at 91.3 Read More »