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  • German exports in June 2024: -3.4% compared to May 2024

    From destatis.de

    In June 2024, German exports fell by 3.4% compared to May 2024, adjusted for calendar and seasonal factors, and imports rose by 0.3%. As the Federal Statistical Office (Destatis) further reports based on preliminary results, exports fell by 4.4% compared to June 2023 of the previous year, while imports fell by 6.4%.In total, in June 2024, calendar and seasonally adjusted goods worth 127.7 billion euros were exported from Germany and goods worth 107.3 billion euros were imported into Germany. The foreign trade balance closed with a surplus of 20.4 billion euros in June 2024. In May 2024, the calendar and seasonally ... (full story)

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    BOJ's Uchida: We must watch the markets with a sense of urgency

    From @financialjuice|Aug 7, 2024|1 comment

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    US Recession Predictions from Six Months Ago

    From econbrowser.com|Aug 7, 2024

    I use a regression of DSR growth rate on changes in AAA and 3 month Treasury yields, and 2 lags of DSR growth to forecast 2023Q3 DSR. I then obtain the following estimate of ...

    DXY, stocks rebound, AUD steadies – RBA hawkish hold

    From fxstreet.com|Aug 7, 2024

    The Dollar Index (USD/DXY), which weighs the value of the Greenback against a basket of 6 major currencies rebounded to 102.95 (102.70). US Stocks led by the S&P 500 soared ...

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