India has unveiled ambitious plans to replace closed factories in its data collection system, aiming to dramatically enhance the accuracy of industrial output statistics, Reuters reports. This bold move promises to deliver a clearer and more trustworthy picture of the manufacturing sector’s real performance
BREAKING: France’s industrial production soars past expectations, showcasing robust economic momentum. This positive surge boosts market confidence, driving EURUSD slightly upward amid growing investor optimism. – XTB.com
China’s services sector growth slowed to its weakest pace in three months this October, according to the latest PMI data from Reuters. This cooling trend underscores ongoing challenges in domestic demand as economic uncertainties continue to cast a shadow over the market
Spain’s unemployment surged by 0.91% in October compared to September, driving the total number of jobless individuals to a staggering 2.44 million, according to TradingView data. This increase highlights the ongoing challenges and uncertainties gripping Spain’s labor market
Canada’s factory sales are set to soar by 2.8% in September, according to a Statscan flash estimate reported by Reuters. This striking increase signals a powerful surge in manufacturing activity, underscoring the strong momentum driving the ongoing economic recovery
Germany’s services sector faced a surprising setback in August, slipping into contraction and signaling a rare stumble amid mounting economic uncertainty. According to Bloomberg, this downturn may be a warning sign of tougher times ahead for Europe’s largest economy
Spain’s services PMI dipped from 55.1 in July to 53.2 in August, signaling a cooling in the sector’s rapid expansion. Yet, with the index firmly above the 50-point mark, steady growth remains on track
China’s economic and social data continue to ignite fierce debate among experts. Despite official reports, glaring inconsistencies and a persistent lack of transparency fuel growing skepticism about the true accuracy of Beijing’s statistics, casting a long shadow over global assessments
Argentina’s economy has faced persistent challenges as politicians manipulate data, eroding investor trust and distorting key policy decisions. This meddling poses significant risks to transparency and the nation’s economic stability
When politicians manipulate economic data, transparency vanishes and investor confidence plummets. Argentina’s experience powerfully highlights these dangers, showing how skewed statistics can deepen crises and derail effective policy decisions
Italy’s July EU-harmonised CPI slowed to 1.7% year-on-year, according to Reuters. Meanwhile, ‘core’ inflation remained steady, signaling persistent underlying price pressures despite the easing headline growth
China’s latest PMI data paints a vivid picture of a manufacturing sector grappling with persistent challenges. Sluggish domestic demand and escalating global trade pressures are fueling this ongoing slowdown, the Wall Street Journal reports
Australia’s CPI inflation slowed more than expected in May, easing pressure on the Reserve Bank and sparking renewed market optimism about potential rate cuts. Investors are now eagerly watching upcoming economic data for new clues
Japan’s flash PMI shows a modest uptick in business activity, signaling cautious optimism among companies navigating ongoing economic uncertainties. Analysts expect a steady recovery ahead but stress the importance of staying vigilant as challenges persist
Germany’s inflation rate held firm at 2.1% in May, reflecting steady consumer prices amid ongoing economic challenges. This encouraging data sparks cautious optimism for Europe’s largest economy. (NYSEARCA:EWG)
Germany’s May flash manufacturing PMI registered at 48.8, just shy of the anticipated 48.9, highlighting a persistent contraction in the sector. This data underscores the ongoing hurdles faced amid economic uncertainties, suggesting that policymakers may need to consider adjustments to navigate these challenges effectively
China’s economy is under the microscope as vital data becomes increasingly elusive, sparking worries among analysts. The Wall Street Journal emphasizes the difficulties in gauging economic vitality when key statistics are disappearing, making it harder to predict trends and formulate effective policies
Wall Street stocks surged as strong economic data ignited investor enthusiasm, sparking optimism for a revival in U.S.-China trade discussions. Analysts highlighted that this upbeat sentiment could drive market momentum in the weeks ahead, even as global uncertainties linger.
Data from Reuters reveals that Russian oil shipments have dramatically slashed OPEC’s share of India’s crude imports to an all-time low. This significant shift underscores India’s increasing reliance on non-OPEC sources as the global energy landscape continues to evolve and fluctuate
Manufacturing has driven Brazil-U.S. trade to unprecedented levels in the first quarter, according to Valor International. The surge highlights strengthened economic ties and growing demand for Brazilian products in the American market, signaling robust bilateral relations.
