Economy

China’s economy, the second largest in the world, is reportedly experiencing a slowdown, particularly during the third quarter of the year. According to various economic forecasts, the growth rate is expected to decline from 4.7% in the second quarter to approximately 4.5% in the July-September period. This downturn constitutes the weakest performance since the first
0 Comments
In recent months, discussions surrounding inflation have shifted toward a critical component—rent. A report from the Federal Reserve Bank of Cleveland highlights a pressing issue: rent inflation is expected to stay elevated, posing significant challenges for the Federal Reserve’s objective of bringing overall inflation down to the target rate of 2%. Cleveland Fed economists predict
0 Comments
In recent statements from the Reserve Bank of Australia (RBA), concerns surrounding inflation expectations have been addressed, particularly by Assistant Governor Sarah Hunter during a key speech in Sydney. The overarching narrative suggests a need for vigilance but presents a relatively optimistic view of how households perceive inflation. Despite the tumultuous inflationary period that has
0 Comments
As financial markets navigate the intricate landscape shaped by central bank policies and economic data, the U.S. dollar has emerged as a formidable player. Recent trends indicate a notable uptick in the dollar’s value, reaching a two-month high against other major currencies. This shift is primarily fueled by expectations surrounding the Federal Reserve’s potential moves
0 Comments
As the trading week begins, Asian stock markets remain largely stagnant amidst thin holiday trading, reflecting the apprehension that grips investors globally. Amidst a backdrop of cautious optimism following China’s recent government promises for economic stimulus, uncertainty looms over the specifics of these initiatives. While the announcements have been generally positive, the vagueness surrounding their
0 Comments
In the ever-changing landscape of retail, the preferences of consumers continue to evolve significantly. A recent analysis from the Bank of America Institute scrutinizes the surge in online shopping and its implications for traditional holiday shopping patterns. The data reveals a notable trend: lower-income households are adapting their shopping strategies, shifting their focus away from
0 Comments
As the Labour government steps into power, it is faced with significant financial challenges that necessitate strategic decision-making for the upcoming budget set for October 30th. With the Resolution Foundation’s recent analysis unveiling the potential requirement for a £20 billion tax increase to maintain the current level of public services, the government’s fiscal policy will
0 Comments
Recent trading sessions have highlighted volatility within Asian markets, particularly in China, where stock values experienced notable declines. On Wednesday, this bearish trend continued as the sentiment surrounding China’s economic recovery waned significantly. Investors appeared less optimistic following a week that featured a substantial drop in commodity prices. The atmosphere was one of caution, as
0 Comments