Weekly Market Snapshot United States inflation shows optimism as prices rose below forecasts to 3.2% in July 2023 Behind the Headlines: What happened? The consumer price index, which measures the level of prices, witnessed an increase to 3.2% on a…
Weekly Market Snapshot Mexico’s Inflation Keeps its Cool, Slowing for the Sixth Consecutive Month as Predicted. Behind the Headlines: What happened? Mexico’s inflation continues its downward dance, easing for the sixth straight month to 4.79%, as shown by data from…
Weekly Market Snapshot Vietnam’s second quarter GDP endures bearish economic conditions Behind the Headlines: What happened? The gross domestic product of Vietnam expanded by 4.14% in Q2 2023 from 3.28% in the preceding quarter, as the economy continued to respond…
Weekly Market Snapshot The manufacturing sector in the United States showed optimism of stabilizing in July 2023. Behind the Headlines: What happened? The health of the US manufacturing sector was the central focus this week as the latest report from…
Weekly Market Snapshot No end in sight to South Africa’s economic downturn as the business cycle indicator continues a downward spiral. Behind the Headlines: What happened? South Africa’s Composite Leading Business Cycle indicator continued its negative trend, declining to -1.7%…
Weekly Market Snapshot US Federal Reserve Increases Rates to Highest Level in Decades Behind the Headlines: What happened? The Federal Open Market Committee (FOMC) of the United States announced its much-expected decision on Wednesday to raise interest rates by 25…
Weekly Market Snapshot China’s Economic Growth Slows Down in Q2, Prompting Concerns of Declining Confidence and Trade Impact Behind the Headlines: What happened? China’s economic engine roared in Q2, clocking a 6.3% YoY growth that failed to “hit the bullseye”…