Japan’s economic recovery is facing headwinds as export growth slowed in August, raising concerns about the sustainability of the recent rebound. While exports did rise for the ninth consecutive month, the increase of 5.6% year-on-year …
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G20 Sees Soft Landing for Global Economy, But War Clouds Outlook
G20 finance ministers and central bankers have concluded their meeting in Brazil with a cautiously optimistic outlook on the global economy. While acknowledging the increasing likelihood of a “soft landing,” they warn of significant risks …
Continue readingArgentina To Use $1.5 Billion From Central Bank To Pay Bond Interest Due in January
Argentina’s Ministry of Economy announced on Sunday that it will purchase over $1.5 billion from the central bank to cover interest payments on its “Globales” and “Bonares” bonds due in January 2025. The funds will …
Continue readingDow Surges to One-Month High on Rotation, Nasdaq Drops as Investors Eye Fed Cuts
The Dow Jones Industrial Average closed at a one-month high on Monday, fueled by a rotation out of AI-linked stocks and into laggards as investors bet on Federal Reserve interest rate cuts later this year. …
Continue readingFed Report: Inflation Easing, Job Market Rebalanced, Rate Cuts Possible
The Federal Reserve released its latest Monetary Policy Report to Congress on Friday, indicating a steady return to more normal conditions after the pandemic. The report highlights easing inflation, a rebalanced job market, and the …
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