The U.S. presidential election was held on November 5, and as of 8:00 AM EST on November 6, presidential candidate Donald Trump has secured 295 electoral votes, capturing all seven swing states, effectively confirming his position as the 47th President of the United States. The Republican Party h...

The Reserve Bank of Australia (RBA) announced on November 5 that it will keep the cash rate target unchanged at 4.35%, marking the eighth consecutive month without a rate change and maintaining rates at a 13-year high. The statement noted that while inflation has been gradually receding from its ...

The U.S. services PMI expanded for the fourth consecutive month in October, rising from 54.9 in September to 56.0—its highest level since July 2022, according to data released by the Institute for Supply Management (ISM) on November 5.   Business Activity & New orders In the subindic...

OPEC+ announced on November 3 an extension of its voluntary production cut of 2.2 million barrels per day for an additional month, resulting in a short-term rebound in oil prices. Recently, due to a global demand slowdown, the three major energy agencies have all downgraded their forecasts for gl...

The recently released U.S. nonfarm payroll data showed unusually weak growth, raising questions in the market. Will this lead to an adjustment in the Federal Reserve’s policy trajectory? Is there evidence of a genuine deterioration in the U.S. labor market, or are there other contributing factors?...