Eurozone industrial production fell by -0.3% mom in July, missing expectations of 0.2% mom rise. The decline was driven by significant drops in production across key sectors: intermediate goods fell by -1.3%, capital goods by -1.6%, and durable consumer goods by -2.8%. On the positive side, energy production saw a slight increase of 0.3%, while […]
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New Zealand’s goods trade balance posted deficit of NZD -2.2B, substantially larger than the expected deficit of NZD -155m. This widening gap is attributed to a slight decrease in both goods exports and imports. Goods Read more…
Attractive growth opportunities in Asia will support currencies and yields despite a narrowing rate differential with the FOMC. With the US FOMC having started its rate easing cycle, central bankers across emerging markets (EMs) are Read more…
Nikkei 225 index rising inside minor impulse waves 3 Likely to reach resistance level 39000.00 Nikkei 225 index continues to rise inside the minor impulse waves 3, which belong to the intermediate impulse wave (3) Read more…