Economic News Category

Japan’s July Factory Output Falls, Amplifying Manufacturer Pressures Japan’s manufacturing sector encountered a larger-than-anticipated decline in factory output during July, marking a challenging beginning to the second half of the year. This slump is raising concerns for manufacturers, particularly in light of uncertainties regarding China’s growth trajectory and the global economic outlook. Data from the

US Dollar Recovers from Jobs Shock, Australian Dollar Dips on Cooling Inflation The dollar experienced its most pronounced decline in a month and a half on Wednesday, prompted by the perception among investors that weaker-than-anticipated U.S. jobs data has diminished the likelihood of further rate hikes by the Federal Reserve. The Japanese yen remained near

UK Shop Price Inflation at 10-Month Low The rate of price increases in UK stores has decelerated to its slowest growth rate since October, as reported by the British Retail Consortium (BRC). The BRC revealed that prices climbed by 6.9% in the year leading up to August, down from July’s 8.4%. The primary driver behind

Asian Stock Markets Rise as China Equities Drive Regional Gains Asian stock markets defied potential headwinds stemming from the hawkish stance of US Federal Reserve (Fed) Chairman Jerome Powell at the Jackson Hole Symposium, exhibiting remarkable resilience on Monday. The trading sentiment echoed the modest gains observed in US equities. Powell’s statement on Friday alluded

S&P500 Futures rise, yields steady after big moves, central bankers in focus S&P500 Futures are slightly up, and interest rates have steadied after some big changes. People are paying attention to central bankers. The mood in the market is somewhat positive, but it’s struggling to stay as upbeat as yesterday. This week, there are important