Economy

Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures (PCE)…

In the week ending on September 27th, two currencies drew significant attention: the Argentine peso (USDARS) and the Colombian peso (USDCOP). Their movements present a fascinating narrative of both gains…

In September, the futures for steel rebar experienced a notable increase, reaching CNY 3,170 per tonne. This spike represented the highest price seen in a month, largely driven by the…

In the second quarter of 2024, the US economy expanded at a 3% annualized rate, demonstrating its resiliency. This figure is consistent with the prior estimate and represents a significant…

China’s industrial profits plunged 17.8% in August compared to the previous year, signaling growing concerns over the country’s economic slowdown. The sharp decline, reported by the National Bureau of Statistics…

Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index,…

The cryptocurrency market traded in the green over the past few sessions amid the recovering global economy. As digital assets stole the show with significant surges over the past week,…

The global financial landscape is undergoing a seismic shift, with traditional powerhouses such as London, New York, and Hong Kong facing mounting challenges. A recent report by the Global Financial…

The Organisation for Economic Co-operation and Development (OECD) marginally increased its global growth outlook for 2024 in light of expected improvement in real incomes due to falling inflation and a…