27th September 2024

  • US Post-Pandemic Economic Growth Revised Higher in Annual Update

GDP increased 5.5% since second quarter of 2020 through 2023

Gross domestic income also marked higher in recent years

https://blinks.bloomberg.com/news/stories/SKF9R8DWX2PT

  • French Inflation Plunges Below 2% for First Time Since 2021

Consumer prices rose 1.5% on year in September; est. 1.9%

Price gains in Europe likely to pick up again later this year

https://blinks.bloomberg.com/news/stories/SKF0AHDWRGG0

  • Japan’s LDP Picks BOJ Backer Ishiba for PM, Sparking Yen Rally

Yen surges in relief rally, as Ishiba backs BOJ policy path

Ishiba to brief press on plans for administration at 6 p.m.

https://blinks.bloomberg.com/news/stories/SKGL27T0AFB4

  • China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth (1)

Reductions in RRR, short-term rate are effective from Friday

PBOC vows to ‘go all out’ to implement additional support

https://blinks.bloomberg.com/news/stories/SKG3ZGT0AFB4

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