Tag Economy

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This Will Be Important This Week

Asia On Tuesday, South Korea releases its consumer confidence for the month of May, Australia releases S&P Global’s manufacturing and services purchasing managers index for the month of May, and Indonesia’s central bank holds its monetary policy meeting and announces…

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Thailand’s GDP Grows by 2.2%, Boosted by Stimulus Measures

The Office of the National Economic and Social Development Council (NESDB) reported that GDP increased by 2.2% in the first quarter of 2022, increasing from 1.8% in Q4 21. The non-agricultural sector expanded, positively influenced by various government measures to…

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Stocks, Oil, Gold and Forex Market – Flashback

—– The Dow Jones Industrial Average closed higher as investors reacted to the signal that inflation in the US may have peaked. This has helped allay fears that the U.S. Federal Reserve (Fed) will raise interest rates more quickly. The…

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These Economic Data Will Be Important This Week

Asia On Monday, Japan releases the producer price index (PPI) for April, while China releases industrial production for April, retail sales for April, fixed asset investment for April, and the unemployment rate for April. On Tuesday, the Reserve Bank of…

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UK GDP in Q1/22 Falling Short of Expectations

The Office for National Statistics (ONS) has announced that the UK economy continued to grow in Q1 22, despite a slowdown from the final quarter of 2021. The ONS reported that UK gross domestic product (GDP) increased by 0.8% in…

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Philippine Economy Grows Better Than Expected in 1Q22

The Philippine Statistics Authority (PSA) said today that gross domestic product (GDP) grew 8.3% year-on-year in 1Q2022 and better than 1Q21, when GDP contracted. Better-than-expected GDP growth could help Ferdinand Marcos Jr, the new president of the Philippines, as he…

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