Australia PMI Manufacturing rose from 57.0 to 57.3 in March. PMI Services rose from 57.4 to 57.9, a 10-month high. PMI Composite rose from 56.6 to 57.1, also a 10-month high. Jingyi Pan, Economics Associate Director at S&P Global said: “The Australian economy continued to expand strongly in March… reflecting robust business conditions post the […]
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Tokyo’s November CPI data pointed to resurgence of inflation pressures in Japan, raising expectations for BoJ to tighten policy further. Tokyo Core CPI, excluding food, climbed from 1.8% yoy to 2.2% yoy, beating expectations of Read more…
Headlines on Thursday revealed that Israel may have violated the recent Gaza ceasefire just one day after it began, with reports of tactical military actions targeting areas not included in the agreement. Meanwhile, OPEC+ postponed Read more…
The shift to a more services-based economy increases economy-wide depreciation rates, and so the need to invest. Higher average interest rates – and economy-wide profit shares – are among the likely results. An important reason Read more…