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Macroeconomics
Oct 23, 2024
U.S. existing home sales dip slightly, but market remains robust
The U.S. housing market experienced a minor slowdown in the number of existing home sales, according to recent data. The actual number of sales came in at 3.84 million annualized...
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Oct 23, 2024
South African inflation drops sharply, paving way for more rate cuts
JOHANNESBURG (Reuters) -South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest...
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Oct 23, 2024
Singapore Sept core inflation at 2.8% y/y
By Xinghui Kok SINGAPORE (Reuters) - Singapore's key consumer price gauge rose 2.8% in September from a year earlier, higher than economists' forecasts, official data showed on...
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Oct 23, 2024
Poland's unemployment rate at 5.0% in September
(Reuters) - Poland's registered unemployment rate remained flat at 5.0% in September compared with 5.0% in August, statistics office data showed on Wednesday, in line with...
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Oct 23, 2024
Saudi Arabian economic growth to accelerate in 2025 as oil taps open - Reuters poll
By Anant Chandak BENGALURU (Reuters) - Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance, according to a...
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Oct 22, 2024
UK pay growth steadies, employers see further slowing in 2025
LONDON (Reuters) - Growth in pay awards by British employers stagnated during the three months to September and firms expect average wage rises to cool over the coming 12 months,...
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Oct 22, 2024
US crude stock sees unexpected rise, signaling weaker demand
In a surprising turn of events, the American Petroleum Institute (API) reports an increase in the inventory levels of US crude oil, gasoline, and distillates stocks. The figure,...
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Oct 22, 2024
UK borrowing overshoot highlights budget pressure on Reeves
By William Schomberg LONDON (Reuters) -British public borrowing in the first six months of the tax year came in higher than official forecasts, according to data that underscored...
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Oct 22, 2024
South Korea economy likely returned to growth in Q3: Reuters poll
By Rahul Trivedi BENGALURU (Reuters) - The South Korean economy likely returned to growth last quarter after a mild contraction in the prior quarter thanks to an export-led...
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Oct 22, 2024
China's youth unemployment rate falls after climbing for two straight months
BEIJING (Reuters) -The jobless rate for 16-to-24-year olds in China, excluding students, fell to 17.6% in September from 18.8% a month prior, official data showed on Tuesday,...
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