Focus Outlook

Capital Markets

Pandemic’s Economic Impact Persists Q3 2023 Growth Slows to 2.0%

In a recent report by the Commerce Department, the US economy experienced a substantial surge, expanding at a robust 4.9% annual rate from July...

Eurozone Faces Record 7.6% Inflation in October 2023, Sparking Economic Concerns

The European Central Bank (ECB) has decided to halt its streak of interest rate increases across the eurozone, marking a significant shift in monetary...

Q3 2023 Sees Global GDP Slow to Decade-Low at 4.9% Due to Property and Tech Issues

China, the world's second-largest economy, has experienced a slowdown in its economic growth during the third quarter of this year. Official data released on...

World Bank Warns of Global Economic Slowdown and Recession Risk

The latest analysis from the World Bank Group predicts a sharp slowdown in global economic growth, with an expected growth rate of only 1.7%...

Interest Rate Held Steady at 1.5% as Economy Softens and Inflation Cools

The Bank of Canada has opted to maintain its current interest rate at 4.5%, announcing the decision as the effects of its previous eight...

Inflation Soars to 9.4%, Highest in 40 Years, Driven by Soaring Food and Energy Prices

Inflation in the United Kingdom has surged to its highest level in four decades, with the annual consumer price inflation reaching 9.4% in June,...