Sri Lanka’s Trade Deficit Narrows as Balance of Trade Improves

The Sri Lankan economy is experiencing a notable shift, as revealed by the latest Balance of Trade data for February 2025. The deficit has decreased from -822.7 million to -732.7 million, outperforming the forecasted -900 million. This improvement, although with a low impact, signals key implications for both the local

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Resilient Uptick: Chicago PMI Strengthens with a Noteworthy Gain

Introduction In a surprising turn of events, the United States Chicago Purchasing Managers’ Index (PMI) for February 2025 has shown a commendable rise, setting a hopeful tone for economic observers both domestically and abroad. The latest data indicates a reading of 45.5, significantly up from January’s 39.5 and exceeding expectations,

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Unexpected Drop in U.S. Personal Spending: Deciphering the Economic Signals

In a surprising turn of events, the latest data from February 2025 reveals a significant decline in the United States personal spending month-over-month (MoM), registering at -0.2%, contrasting sharply with the forecasted 0.1% increase and the previous month’s robust 0.8% rise. This unexpected contraction sends ripples across financial markets, warranting

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Canada’s GDP Surges Ahead of Forecasts, Signaling Economic Resilience

Economic Overview At the close of February 2025, new data reveals a robust performance in Canada’s economy. The Gross Domestic Product (GDP) for the fourth quarter grew by 2.6% quarter-over-quarter, outpacing the previous quarter’s 2.2% and exceeding the forecast of 1.9%. This significant 18.182% change indicates Canada’s economic resilience, despite

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Canada’s GDP Growth Accelerates to 2.6%: What It Means for Investors

On February 28, 2025, Statistics Canada reported a significant acceleration in Canada’s annualized GDP growth, rising to 2.6% in Q4 of 2024, surpassing both the previous quarter’s growth of 2.2% and the forecast of 1.9%. This marked an 18.182% increase against projected figures, highlighting the robust resilience of the Canadian

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U.S. Retail Inventories Surge: A Boon for Supply Chains Globally

The latest data on U.S. Retail Inventories Excluding Autos reveals a substantial month-on-month increase, climbing by 0.4% in February 2025. This unexpected rise surpasses both the previous month’s -0.1% and market forecasts set at 0.1%. This change represents a 500% acceleration, capturing attention from economic analysts and retail investors worldwide.

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