Economic News Category

Government Shutdown May Halt Release of Key Economic Data The impending government shutdown, driven by funding issues, could lead to the indefinite suspension of crucial U.S. economic data publications. These reports, which hold immense significance for policymakers and investors, encompass key information such as employment and inflation figures. This disruption would encompass various government agencies,

EU Takes Strong Stance Against China, Commits to Protecting Its Interests Assertively The European Union’s top trade negotiator delivered a firm message to China on Monday, stating that the EU will take a more forceful approach in upholding fair competition and defending its own interests. In a keynote address at Tsinghua University, Valdis Dombrovskis, an

Pound Sterling Forecasts Further Decline Amid Recession Risks Investors are currently bracing themselves for a prolonged downward trend in the value of the Pound Sterling (GBP), as the Bank of England (BoE) appears to be firmly aligned with the Federal Reserve’s existing policy stance. As a result, the GBP/USD pair is expected to test its

Japan’s PM Kishida to Outline New Economic Measures Next Week Japan’s Prime Minister, Fumio Kishida, has announced his intention to unveil an ambitious economic stimulus package early next week, aimed at addressing pressing issues that have been affecting Japan’s economy. This announcement came during a press conference held at the U.N. General Assembly, where Kishida

Japan’s Exports Decline Again Amid Weakening Global Demand Japan’s export market is experiencing a downturn as international demand plummets, raising substantial economic concerns due to the country’s significant reliance on foreign demand. In August, export values saw a 0.8% drop, primarily driven by a decrease in mineral fuel and chip-making machinery exports. Alarmingly, this downturn