ECI

Japan’s Current Account Surplus Hits 3.3 Trillion Yen in November, Reaches Three-Month High Amid Trade Recovery

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Japan’s Current Account Surplus Hits 3.3 Trillion Yen in November, Reaches Three-Month High Amid Trade Recovery

Japan’s Current Account Surplus Hits Three-Month High Amid Trade ⁤and Income Gains Tokyo, ​January‌ 14, 2024 — Japan’s current account balance surged ‍to a three-month​ high in November, reaching a surplus of 3.3525 trillion⁤ yen,according to the ​latest balance of payments report released by the Ministry of Finance. ​This marks a significant turnaround from earlier … Read more

Will Trump’s Tariff Pledges Keep These Five Markets on Edge? | Reuters

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Will Trump’s Tariff Pledges Keep These Five Markets on Edge? | Reuters

Global Markets Brace for Impact as Trump Announces Tariff Hikes ahead ‍of Inauguration markets worldwide are reeling as President Trump’s promise to impose sweeping tariffs ahead of his January 20 inauguration ​sends shockwaves through economies ‍from China to ⁣Europe, Canada, and mexico. The proposed measures ​include a staggering 60%‍ tariff on Chinese products, a flat … Read more

China’s Passenger Car Exports to Slow Sharply in 2024, EV Growth Hits Zero, Says Industry Group

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China’s Passenger Car Exports to Slow Sharply in 2024, EV Growth Hits Zero, Says Industry Group

China’s EV Exports Face a Slowdown Amid Global Challenges In a surprising turn⁢ of events, China’s electric⁤ vehicle (EV) exports are expected to ⁢hit a standstill this year, with growth ⁢projected to remain at⁣ “zero growth,” according to Cui Dongshu, secretary General ⁢of the China Passenger Car Association (CPCA).This announcement comes despite China’s dominance in … Read more

Long-Term U.S. Bond Yields Surge as Next Administration Eyes Bond Issuance Policy Overhaul

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Long-Term U.S. Bond Yields Surge as Next Administration Eyes Bond Issuance Policy Overhaul

U.S.Treasury yields Surge as Trump ⁢Victory Sparks Policy Shifts and Market Uncertainty ‌ On‌ January 8, 2025, the U.S. ⁢Treasury market witnessed a significant shift ‍as yields on long-term bonds surged faster than those on short-term bonds,‍ reaching multi-month ​highs. ⁣This divergence​ in yield movements reflects growing ⁢market anticipation of policy changes under‍ the incoming⁢ … Read more

Yen Depreciation Driven by Real Demand, Speculators’ Impact Minimal: Toru Sasaki Analysis | Reuters

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Yen Depreciation Driven by Real Demand, Speculators’ Impact Minimal: Toru Sasaki Analysis | Reuters

Understanding IMM Currency Futures:‍ A Deep Dive into Market Dynamics ‌ Table of Contents Understanding IMM Currency Futures:‍ A Deep Dive into Market Dynamics ‌ What Are IMM ⁣Currency⁢ Futures? The Role of IMM Data in Market Analysis Real Demand and Its ​Impact on Currency‍ Movements Long-Term Insights from IMM Data Conclusion: IMM Data as … Read more

China Smartphone Exports Plummet 47.4% in November

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China Smartphone Exports Plummet 47.4% in November

Apple‘s dominance in the lucrative⁣ Chinese smartphone market is⁣ facing a notable challenge.New data reveals a staggering 47.4% year-over-year drop in foreign-branded smartphone shipments to China during November. This dramatic decline, impacting Apple significantly, underscores the growing headwinds the tech giant ⁤is encountering in its largest overseas market. According ⁢to a report ⁢from the China … Read more

German Manufacturing Plunges: PMI Hits 42.5, Recovery Unlikely

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German Manufacturing Plunges: PMI Hits 42.5, Recovery Unlikely

German Manufacturing Slump Deepens: What it Means‍ for the US Table of Contents German Manufacturing Slump Deepens: What it Means‍ for the US Global Tech Trends Shaping the US Economy The Rise of Artificial Intelligence Renewable energy’s Growing​ Impact Cybersecurity: A Critical Concern German Manufacturing Slump Deepens: US Implications and ⁢Uncertainties Germany’s manufacturing sector ​is … Read more

China’s GDP Upward Revision: $17.73 Trillion & 2024 Outlook

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China’s GDP Upward Revision: .73 Trillion & 2024 Outlook

In a surprise announcement on December 26th, China’s National⁣ Bureau of Statistics revealed a notable upward revision to its 2023 Gross Domestic‍ Product (GDP). the new figure, a significant increase of $17.73 trillion, paints a more robust picture of the Chinese economy than previously reported. The revision, announced by kang ​Yi, Director-General of the‌ National … Read more

Philadelphia Fed Index Plunges to 20-Month Low: -16.4 in December

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Philadelphia Fed Index Plunges to 20-Month Low: -16.4 in December

US ​Manufacturing Sector Shows Signs of Meaningful​ Slowdown The ​US manufacturing sector experienced a significant downturn in December, according to data ‌released by the⁤ Philadelphia Federal Reserve Bank on December 19th.The manufacturing index plummeted to⁣ -16.4, a stark contrast to November’s -5.5 and the lowest point in nearly two years. This dramatic drop signals a … Read more

US Current Account Deficit Hits Record High: $310.9 Billion

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US Current Account Deficit Hits Record High: 0.9 Billion

US Current⁣ Account Deficit Soars to Record⁤ High Table of Contents US Current⁣ Account Deficit Soars to Record⁤ High Thomson⁢ Reuters Reinforces Commitment to ethical Journalism US Current Account Deficit: A Looming⁣ Threat? Understanding the Deficit’s Surge Potential Ramifications Finding a Solution The U.S. economy faces a significant challenge as the current​ account deficit skyrockets … Read more