Canada's GDP Unexpectedly Contracts Amidst Widespread Work Stoppages
Canada's November GDP unexpectedly shrank by 0.2 percent due to widespread work stoppages in transportation and ports, impacting mining, quarrying, oil sands extraction, and overall transportation, defying analysts' predictions and raising concerns about the Bank of Canada's monetary policy effectiv...
Canada's GDP Unexpectedly Contracts Amidst Widespread Work Stoppages
Canada's November GDP unexpectedly shrank by 0.2 percent due to widespread work stoppages in transportation and ports, impacting mining, quarrying, oil sands extraction, and overall transportation, defying analysts' predictions and raising concerns about the Bank of Canada's monetary policy effectiv...
Progress
40% Bias Score
China Sets Ambitious 2025 Growth Targets Amidst Economic Resilience
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, driven by domestic consumption, investment, technological innovation, and expanded opening-up, exceeding 2024's 5 percent growth and signaling strong economic resilience despite external pressures.
China Sets Ambitious 2025 Growth Targets Amidst Economic Resilience
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, driven by domestic consumption, investment, technological innovation, and expanded opening-up, exceeding 2024's 5 percent growth and signaling strong economic resilience despite external pressures.
Progress
52% Bias Score
DAX Hits Record High Despite Germany's Shrinking GDP
The DAX, Germany's blue-chip stock index, hit a record high on Monday despite Germany's GDP contracting for two consecutive years, a divergence driven by the DAX's strong export orientation and the outsized performance of a few key companies.
DAX Hits Record High Despite Germany's Shrinking GDP
The DAX, Germany's blue-chip stock index, hit a record high on Monday despite Germany's GDP contracting for two consecutive years, a divergence driven by the DAX's strong export orientation and the outsized performance of a few key companies.
Progress
36% Bias Score
China Meets 2024 GDP Target Amidst Stimulus and Uncertainty
China's 2024 GDP grew by 5%, meeting the official target, driven by a strong fourth quarter (5.4%) fueled by government stimulus, despite persistent concerns about weak domestic demand and potential US tariffs.
China Meets 2024 GDP Target Amidst Stimulus and Uncertainty
China's 2024 GDP grew by 5%, meeting the official target, driven by a strong fourth quarter (5.4%) fueled by government stimulus, despite persistent concerns about weak domestic demand and potential US tariffs.
Progress
40% Bias Score
UK Economy Stagnant Despite Slight November Growth
The UK's November GDP grew by a meager 0.1 percent, failing to counter previous months' contraction and raising stagflation concerns despite a recent inflation dip; Chancellor Reeves prioritizes growth.
UK Economy Stagnant Despite Slight November Growth
The UK's November GDP grew by a meager 0.1 percent, failing to counter previous months' contraction and raising stagflation concerns despite a recent inflation dip; Chancellor Reeves prioritizes growth.
Progress
52% Bias Score
Financial Stocks Rise Amidst Economic Uncertainty
Financial stocks are attractive investments due to profitability and undervaluation; upcoming economic data releases (producer prices, inflation, retail sales, and industrial production) will shape investor sentiment; Germany's economy is expected to contract in 2024 and 2025.
Financial Stocks Rise Amidst Economic Uncertainty
Financial stocks are attractive investments due to profitability and undervaluation; upcoming economic data releases (producer prices, inflation, retail sales, and industrial production) will shape investor sentiment; Germany's economy is expected to contract in 2024 and 2025.
Progress
40% Bias Score
Mexico's Economic Growth Slows to 1.3% in 2024
Mexico's 2024 GDP grew by only 1.3%, significantly lower than 2023's 3.2%, due to a 0.6% contraction in the final quarter caused by climate events and US strikes impacting agricultural and manufacturing sectors; the final GDP data will be released on February 21st.
Mexico's Economic Growth Slows to 1.3% in 2024
Mexico's 2024 GDP grew by only 1.3%, significantly lower than 2023's 3.2%, due to a 0.6% contraction in the final quarter caused by climate events and US strikes impacting agricultural and manufacturing sectors; the final GDP data will be released on February 21st.
Progress
36% Bias Score
Strong Earnings Continue, "Magnificent Seven" in Focus
This week marks a crucial phase in the fourth-quarter earnings season, with 104 S&P 500 companies, including four of the tech giants known as the "Magnificent Seven," scheduled to report, following a week where 80% of reporting companies beat expectations, driven largely by the financial sector. The...
Strong Earnings Continue, "Magnificent Seven" in Focus
This week marks a crucial phase in the fourth-quarter earnings season, with 104 S&P 500 companies, including four of the tech giants known as the "Magnificent Seven," scheduled to report, following a week where 80% of reporting companies beat expectations, driven largely by the financial sector. The...
Progress
40% Bias Score
China's 2024 Economic Growth: Strong Finish, Uncertain Future
China's economy grew 5.0% in 2024, meeting its annual target, but a looming trade war with the US and weak domestic demand could hinder future growth; the fourth quarter saw a 5.4% increase, exceeding expectations but potentially inflated by front-loaded exports.
China's 2024 Economic Growth: Strong Finish, Uncertain Future
China's economy grew 5.0% in 2024, meeting its annual target, but a looming trade war with the US and weak domestic demand could hinder future growth; the fourth quarter saw a 5.4% increase, exceeding expectations but potentially inflated by front-loaded exports.
Progress
44% Bias Score
Guangdong's GDP Surpasses 14 Trillion Yuan, Leading China's Economy for 36 Years
Guangdong province's 2024 GDP exceeded 14 trillion yuan ($1.91 trillion), marking a new milestone as the first Chinese province to surpass this level, driven by robust industrial growth, technological advancements, and strong performance in high-tech sectors, maintaining its position as China's top ...
Guangdong's GDP Surpasses 14 Trillion Yuan, Leading China's Economy for 36 Years
Guangdong province's 2024 GDP exceeded 14 trillion yuan ($1.91 trillion), marking a new milestone as the first Chinese province to surpass this level, driven by robust industrial growth, technological advancements, and strong performance in high-tech sectors, maintaining its position as China's top ...
Progress
48% Bias Score
India's Inflation Eases to 5.22%, Raising Hopes for Rate Cuts
India's inflation rate fell to 5.22% in December, a second consecutive monthly decline, fueling expectations of interest rate cuts by the Reserve Bank of India, despite a record low rupee and slowing economic growth.
India's Inflation Eases to 5.22%, Raising Hopes for Rate Cuts
India's inflation rate fell to 5.22% in December, a second consecutive monthly decline, fueling expectations of interest rate cuts by the Reserve Bank of India, despite a record low rupee and slowing economic growth.
Progress
32% Bias Score
Germany Faces Recession as Mississippi's GDP Rivals Major European Economies
Germany's economy is projected to contract by a further -0.1% in late 2024, marking a second consecutive year of recession, while Mississippi's per capita GDP (€49,780) closely trails Germany's (€51,304), surpassing several major European economies.
Germany Faces Recession as Mississippi's GDP Rivals Major European Economies
Germany's economy is projected to contract by a further -0.1% in late 2024, marking a second consecutive year of recession, while Mississippi's per capita GDP (€49,780) closely trails Germany's (€51,304), surpassing several major European economies.
Progress
36% Bias Score