Economic News Category

Eurozone’s Economic Stagnation: A Deep Dive into the Upcoming Challenges The Eurozone’s economy seems to be treading a path of sustained sluggishness. The October data, highlighting the dwindling economic sentiment, is a testament to this slowdown, even as certain nations within the bloc posted GDP figures that were marginally better than forecasts for the third

Bank of Japan’s Currency Dilemma: Key Highlights from the 2-Day Policy Meeting The Bank of Japan (BOJ) is entering its two-day policy meeting on Monday with a challenging decision on its hands. Market analysts anticipate the yen could see further depreciation unless the bank introduces a necessary policy adjustment.  The crux of the discussion centers

USD Index Faces Pressure Near 106.5 Ahead of Crucial Economic Data Release The USD Index (DXY), a significant barometer that measures the U.S. dollar against a group of its primary competitors, has seen a diminishing upward drive, pulling back to mid-106.00 levels as the week draws to a close. This retreat in the index marks

China Moves Swiftly on 1 Trillion Yuan Bond Plan, Aiming to Strengthen Economic Recovery China has rapidly set into motion a strategic initiative to release an extra 1 trillion yuan (equivalent to $137 billion) in special treasury bonds in the upcoming fourth quarter. This is an infrequent move, with history witnessing China releasing such special

Former PBOC Official Expects Significant Impact from China’s Stimulus Plan Former Deputy Governor of the People’s Bank of China and ex-Deputy Managing Director of the International Monetary Fund, Zhu Min, has expressed optimism about the impact of China’s recently unveiled stimulus plan. This plan is strategically designed to bolster emerging sectors of the economy while