According to Eurostat, inflation data showed the following trends in September: The highest contribution to the annual Eurozone inflation rate came from services (+1.76 percentage points, pp), food, alcohol, &…
Tag: Economics
UK Unemployment Rate Unexpectedly Drops to 4.0% in August
The number of payrolled UK employees dropped by 35k between July and August 2024. However, payrolled employees remained 165k higher compared to August 2023. Job vacancies declined by 34k from…
New York Manufacturing Contracts in October Following Last Month’s Surge
Supply Chain Challenges Persist The survey highlighted further supply chain difficulties. The delivery times index edged down to -3.2, indicating slightly shorter delivery times. However, the supply availability index fell…
Nvidia, AMD Tumble as ASML Cuts 2025 Forecast, Sparking Concerns in Chip Sector
Daily E-mini Nasdaq 100 Index FuturesThe tech-heavy Nasdaq Composite dropped 0.8%, while the S&P 500 and Dow Jones each fell 0.3%, reflecting the market’s broader concerns about chip demand. Strong…