Economy News

Economy

Japan Achieves a Significant Trade Surplus of ¥584.5 Billion in February

Japan has achieved a significant trade surplus of ¥584.5 billion in February, highlighting the strength of its export sector amidst global economic challenges. Detailed analysis an...

Economy

Surprising Surge: US Oil Inventories Jump by 4.6 Million Barrels, What's Next?

Recent data from the American Petroleum Institute shows a significant increase in US crude oil inventories, with a rise of 4.593 million barrels. Meanwhile, distillates and gasolin...

Economy

US Treasury Achieves Strong Demand with $13 Billion 20-Year Bond Sale

The US Treasury's recent $13 billion 20-year bond sale saw a high yield of 4.632%, with strong demand indicated by a bid-to-cover ratio increase to 2.78. Significant participation ...

Economy

Fitch Predicts: Escalating Trade War to Curtail US and Global Economic Growth

Fitch Ratings warns that the global trade war initiated by the Trump administration will reduce US and global growth, increase domestic inflation, and delay Federal Reserve rate cu...

Economy

Bessent Announces Tariff Numbers for Targeted Countries Effective April 2

US Treasury Secretary Scott Bessent announced that targeted countries will receive specific tariff numbers by April 2. He also discussed the economy's health and Trump's directive ...

Economy

February Sees a Surprising 0.7% Rise in US Industrial Production

US industrial production rose by 0.7% in February, exceeding expectations. Manufacturing and mining sectors showed significant growth, while utilities faced a downturn. Capacity ut...

Economy

Fitch Predicts: Escalating Trade War to Curtail US and Global Economic Growth

Fitch Ratings warns that the global trade war led by the Trump administration will reduce US and global economic growth, increase domestic inflation, and delay Federal Reserve rate...

Economy

February Sees a Surprising 0.7% Jump in US Industrial Production

The U.S. industrial production saw a 0.7% increase in February, with manufacturing and mining sectors leading the growth. Despite a dip in utilities, the overall capacity utilizati...