Weak Australian Economic Growth Amidst Record Immigration and Government Spending
Australia's economy grew by only 0.8% annually, its weakest performance since 1991 excluding the pandemic, despite record immigration and government spending; this resulted in a seven-quarter per capita recession, with economists predicting no near-term interest rate cuts.
Weak Australian Economic Growth Amidst Record Immigration and Government Spending
Australia's economy grew by only 0.8% annually, its weakest performance since 1991 excluding the pandemic, despite record immigration and government spending; this resulted in a seven-quarter per capita recession, with economists predicting no near-term interest rate cuts.
Progress
48% Bias Score
PBOC to Maintain Supportive Monetary Policy in 2025 Amidst Economic Growth and Tariff Risks
China's central bank will maintain a supportive monetary policy in 2025, focusing on boosting domestic demand and stabilizing economic growth through various policy tools, including potential interest rate cuts and bond purchases, while managing risks associated with potential US tariff increases.
PBOC to Maintain Supportive Monetary Policy in 2025 Amidst Economic Growth and Tariff Risks
China's central bank will maintain a supportive monetary policy in 2025, focusing on boosting domestic demand and stabilizing economic growth through various policy tools, including potential interest rate cuts and bond purchases, while managing risks associated with potential US tariff increases.
Progress
36% Bias Score
AI-Driven Tech Surge Propels US Stocks Higher Amidst Economic Uncertainties
US stock indexes are rising toward record highs, driven by strong tech company earnings boosted by artificial intelligence, while concerns linger about consumer spending and the upcoming jobs report's impact on the Federal Reserve's interest rate decisions.
AI-Driven Tech Surge Propels US Stocks Higher Amidst Economic Uncertainties
US stock indexes are rising toward record highs, driven by strong tech company earnings boosted by artificial intelligence, while concerns linger about consumer spending and the upcoming jobs report's impact on the Federal Reserve's interest rate decisions.
Progress
40% Bias Score
Euríbor Continues Decline; Relief for Spanish Mortgage Holders
The daily Euríbor rate dropped to 2.348% on December 4th, 2024, impacting 4.1 million Spanish families with variable-rate mortgages, signifying a continued downward trend from its peak earlier this year.
Euríbor Continues Decline; Relief for Spanish Mortgage Holders
The daily Euríbor rate dropped to 2.348% on December 4th, 2024, impacting 4.1 million Spanish families with variable-rate mortgages, signifying a continued downward trend from its peak earlier this year.
Progress
16% Bias Score
Home Equity Loan Rates: Factors, Strategies, and Future Outlook
The average homeowner has \$320,000 in home equity, accessible through loans with rates lower than credit cards or personal loans; however, rates vary based on credit scores, loan-to-value ratio, and market conditions.
Home Equity Loan Rates: Factors, Strategies, and Future Outlook
The average homeowner has \$320,000 in home equity, accessible through loans with rates lower than credit cards or personal loans; however, rates vary based on credit scores, loan-to-value ratio, and market conditions.
Progress
32% Bias Score
2025 Economic Forecast: Interest Rate Cuts and Strong Stock Market Predicted
Economic forecasts for 2025 predict interest rate cuts, no recession, strong stock market performance (except for tech giants), and a potentially weaker oil market; however, geopolitical risks remain significant.
2025 Economic Forecast: Interest Rate Cuts and Strong Stock Market Predicted
Economic forecasts for 2025 predict interest rate cuts, no recession, strong stock market performance (except for tech giants), and a potentially weaker oil market; however, geopolitical risks remain significant.
Progress
32% Bias Score
China Plans Incremental Monetary Policy Adjustments for 2025
China's central bank will maintain a supportive monetary policy in 2025, focusing on incremental adjustments to boost domestic demand and stabilize economic growth; changes to M1 calculations will take effect in 2025, offering a more accurate reflection of economic activity; however, potential US ta...
China Plans Incremental Monetary Policy Adjustments for 2025
China's central bank will maintain a supportive monetary policy in 2025, focusing on incremental adjustments to boost domestic demand and stabilize economic growth; changes to M1 calculations will take effect in 2025, offering a more accurate reflection of economic activity; however, potential US ta...
Progress
32% Bias Score
Disagreement on Inflation Target in Russia: Central Bank Optimism vs. Business Concerns
A discussion among Russian government officials and business leaders reveals disagreements on the achievability of the 4.5–5% inflation target by 2025, with the Central Bank emphasizing the importance of a stable growth while business leaders warn of potential recession; the government plans to stim...
Disagreement on Inflation Target in Russia: Central Bank Optimism vs. Business Concerns
A discussion among Russian government officials and business leaders reveals disagreements on the achievability of the 4.5–5% inflation target by 2025, with the Central Bank emphasizing the importance of a stable growth while business leaders warn of potential recession; the government plans to stim...
Progress
48% Bias Score
South Korea Political Crisis Shakes Asian Markets
Following South Korean President Yoon Suk-yeol's declaration and subsequent revocation of a state of emergency and martial law, Asian markets saw mixed reactions; Seoul's KOSPI fell 1.8%, while the South Korean won initially plunged to a two-year low versus the dollar before recovering slightly.
South Korea Political Crisis Shakes Asian Markets
Following South Korean President Yoon Suk-yeol's declaration and subsequent revocation of a state of emergency and martial law, Asian markets saw mixed reactions; Seoul's KOSPI fell 1.8%, while the South Korean won initially plunged to a two-year low versus the dollar before recovering slightly.
Progress
36% Bias Score
Australian House Prices Forecast to Rise 4-6% in 2025
Australian house prices are forecast to rise 4-6% in 2025, led by Perth (8-10%) and Adelaide (7-9%), while Melbourne may see 3-5% growth, according to Domain's report, driven by housing shortages and anticipated interest rate cuts.
Australian House Prices Forecast to Rise 4-6% in 2025
Australian house prices are forecast to rise 4-6% in 2025, led by Perth (8-10%) and Adelaide (7-9%), while Melbourne may see 3-5% growth, according to Domain's report, driven by housing shortages and anticipated interest rate cuts.
Progress
44% Bias Score
Fed Signals Potential Further Interest Rate Cuts Amidst Uncertainty
Federal Reserve officials hinted at potential further interest rate cuts to combat inflation, but emphasized data-driven decisions and expressed caution due to uncertainties surrounding incoming economic reports and the new administration's policies.
Fed Signals Potential Further Interest Rate Cuts Amidst Uncertainty
Federal Reserve officials hinted at potential further interest rate cuts to combat inflation, but emphasized data-driven decisions and expressed caution due to uncertainties surrounding incoming economic reports and the new administration's policies.
Progress
36% Bias Score
Euro Tumbles Amid French Political Uncertainty and Interest Rate Divergence
The euro fell 0.72% against the dollar to $1.0497 on Monday due to political instability in France and differing interest rate expectations between the U.S. and Europe, with the market pricing in a possible rate cut from the ECB.
Euro Tumbles Amid French Political Uncertainty and Interest Rate Divergence
The euro fell 0.72% against the dollar to $1.0497 on Monday due to political instability in France and differing interest rate expectations between the U.S. and Europe, with the market pricing in a possible rate cut from the ECB.
Progress
32% Bias Score