December 4, 2024 7:46 am
Spot Gold was mostly steady on Wednesday, while holding in proximity to the $2,650 mark, as investors awaited a speech by Fed Chair Jerome Powell later in the day, which may provide more clues regarding the central bank’s policy path next year. Another highlight this week will be the key US Non-Farm Payrolls report that […]
Read moreDecember 3, 2024 11:58 am
South Africa’s economy has shrunk 0.3% quarter-on-quarter in Q3 of 2024, as four out of ten industries registered contraction, data by Statistics South Africa showed. That followed a revised down 0.3% growth in the second quarter. Agriculture was the sector with the steepest contraction in Q3, 28.8%, as it trimmed overall growth by 0.7 percentage […]
Read moreDecember 3, 2024 9:48 am
Annual consumer price inflation in Switzerland has picked up to 0.7% in November from 0.6% in October, the latest data by the Swiss Federal Statistical Office showed. In comparison, market consensus had pointed to a sharper acceleration, to 0.8%. In November, inflation picked up for: – alcoholic beverages and tobacco (0.8% YoY from 0.5% YoY […]
Read moreDecember 3, 2024 8:08 am
Eos Energy Enterprises Inc (NASDAQ: EOSE) said on Monday that it had appointed Francis Richey as Chief Technology Officer. Richey became part of Eos Energy’s team in 2015, assuming the role of Senior Battery Scientist. Most recently, he was Senior Vice President of Eos Research and Development, where he played a key role in the […]
Read moreDecember 2, 2024 10:17 am
NIO Inc (NYSE: NIO) said over the weekend it had delivered 20,575 vehicles in the month of November, or an increase of 28.9% compared to the same month a year ago. The deliveries included 15,493 vehicles from the company’s premium smart electric vehicle brand NIO and 5,082 vehicles from its family-oriented smart electric vehicle brand […]
Read moreNovember 30, 2024 4:54 pm
India’s foreign exchange reserves have eased for an eighth consecutive week from the record high of $704.9 billion registered in the last week of September. Foreign exchange reserves held by the Reserve Bank of India decreased to $657 billion as of November 22nd, the latest data showed. The result was largely attributed to an outflow […]
Read moreNovember 30, 2024 12:03 pm
Producer prices in Singapore have dropped 5.3% year-on-year in October, the latest data by Statistics Singapore showed. It has been a third straight month of decline in domestic supply prices. Yet, October’s drop was slower compared to that recorded in September (-7.1% YoY). In October, prices went down at a slower rate for: – mineral […]
Read moreNovember 29, 2024 4:49 pm
Retail sales in Norway have increased 0.2% month-on-month in October over September, the latest data by Statistics Norway showed. The latter followed a 0.3% decrease in September. In October, sales rose for: – non-specialized stores (0.6% month-on-month after a 0.4% drop in September); – other household equipment (0.8% month-on-month after a 0.6% slump in September); […]
Read moreNovember 29, 2024 11:28 am
Switzerland’s economy has expanded 0.4% quarter-on-quarter in Q3 of 2024, while decelerating from a 0.6% growth in Q2, data by the State Secretariat for Economic Affairs showed. The latest figure came in line with market consensus. The nation’s growth was driven by strong performance in sectors such as: – real estate, professional and technical activities, […]
Read moreNovember 29, 2024 9:05 am
Retail sales in Germany dropped at a monthly rate of 1.5% in October, after a revised up 1.6% surge in September, the latest data by the Federal Statistical Office showed. In comparison, a consensus of analyst estimates had pointed to a much smaller decrease, by 0.3%. In October, non-food sales went down 2.2% over the […]
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