RBA Chairman Bullock stated that population growth helps boost consumption; We have not seen the full impact of the policy interest rate hike on consumption.

Southeast Asia has become one of the fastest growing regions in the world, with Indonesia leading the way in terms of growth rate. According to China Economic Network, the country's economic growth in the second quarter of 2023 once again exceeded market expectations, with a year-on-year growth of 5.17%, maintaining above 5% for seven consecutive quarters. Energy security pressure, urgent transformation The booming economy has brought about an increase in energy ... 阅读全文

The International Monetary Fund (IMF) recently released its World Economic Outlook, which predicts that Brazil will become the world's ninth largest economy by the end of 2023. According to the International Monetary Fund, Brazil's gross domestic product (GDP) is expected to reach $2.13 trillion in 2023, surpassing Canada's estimated GDP of $2.12 trillion this year. The institution has raised its GDP growth forecast for Brazil this year from 2.1% to 3.1%, which h ... 阅读全文

06:04:26 Texas prosecutors investigate numerous large banks regarding energy policies.

The unexpectedly strong US retail sales data has fueled expectations of the Federal Reserve raising interest rates. The retail sales in the United States for September, announced on Tuesday, increased by 0.7% month on month. Although slightly slower than the revised 0.8% growth rate in June, it was far stronger than the market's expected growth rate of 0.3%, marking the sixth consecutive month of growth. Retail data has boosted market expectations that the Federa ... 阅读全文

Israel's hopes of avoiding its first sovereign credit rating downgrade may be dashed. On Tuesday, October 17th Eastern Time, international credit rating agency Fitch announced that it will include Israel's A+rated long-term domestic and foreign currency issuer default rating (IDR) in the negative rating watch (RWN) list. Meanwhile, Fitch's F1+short-term domestic and foreign currency IDR ratings for Israel, as well as A+long-term foreign currency senior unsecured ... 阅读全文

At 23:10:13, JPMorgan Chase raised its forecast for real GDP growth in the third quarter of the United States from 3.5% to 4.3%.

The retail sales growth in the United States in September exceeded expectations as households increased car purchases and increased consumption in restaurants and bars, indicating a strong performance of the US economy at the end of the third quarter. Consumer spending was driven by the tightening labor market, creating 336000 jobs in September. The excess savings accumulated during the pandemic are still higher than previously estimated. Core retail sales, exclu ... 阅读全文

Interest rates and inflation remain high, and savings during the pandemic are running out. However, household spending in the United States remains strong. On the 17th local time, the latest report released by the US Department of Commerce showed that retail sales in September increased by 0.7% month on month to $704.9 billion, far exceeding market expectations of 0.2%. The previous value was revised up to 0.8%, indicating a year-on-year increase of 3.8% in retai ... 阅读全文

The retail sales growth in the United States in September exceeded expectations, indicating that household demand continues to grow as the third quarter approaches its end. According to data released by the US Department of Commerce on Tuesday, after the August growth rate was revised up to 0.8%, the monthly retail sales rate in September, which was not adjusted for inflation, increased by 0.7%, far exceeding the expected 0.3%. Excluding gasoline, retail sales in ... 阅读全文

German investor confidence has improved for the third consecutive month, indicating that people hope that ending more than a year of interest rate hikes can help Europe's largest economy overcome its current weakness. It is understood that the expected index of ZEW Research narrowed from -11.4 in September to -1.1 in October, which is better than economists' predictions. On Tuesday, Chairman of ZEW, Achim Wambach, said in a statement: "We seem to have passed the ... 阅读全文

At 21:16:16, industrial output in the United States increased by 0.3% month on month in September, with an expected increase of 0.00% compared to the previous value of 0.40%.

The Chief Economist of the European Central Bank, Ryan, stated that the eurozone economy will be in a "significant stagnation" state for the remaining period of 2023; The European Central Bank will maintain high interest rates as long as possible.

The Brazilian central bank announced in a report released on the 16th local time that it will lower the country's iconic inflation indicator, the National Consumer Price Index (IPCA), from 4.86% to 4.75% this year. The report of the Brazilian Central Bank also sets inflation targets of 3.88% and 3.5% for 2024 and 2025, respectively. The market generally believes that the increase in gasoline prices in Brazil in September this year is the main factor leading to in ... 阅读全文

According to a survey by the Bank of Canada, consumers believe that interest rates will rise in the next 12 months; The inflation expectation for the next five years has decreased from the predicted 2.89% in the second quarter to 2.75%.

Bangkok, October 16 (Xinhua) (Li Yingmin, Zhao Jingnan) On the 15th local time, the "New Opportunities in the Digital Economy Era of Thailand" seminar jointly organized by the Thailand China Enterprise General Chamber of Commerce, the Jiangsu and Zhejiang Chamber of Commerce, and the Jiangsu and Zhejiang Chamber of Commerce was successfully held in Bangkok. Zhang Xiaoxiao, Counselor of the Chinese Embassy in Thailand, delivered a speech at the seminar. Photograph ... 阅读全文

People's Daily Bangkok, October 16th (Reporter Sun Guangyong) On October 15th, the "Ninth Future Lecture Hall" jointly organized by the Chinese Enterprise General Chamber of Commerce in Thailand, the Jiangsu and Zhejiang Chamber of Commerce in Thailand, and the Jiangsu and Zhejiang Chamber of Commerce was successfully held in Bangkok. Zhang Xiaoxiao, Counselor of the Economic and Commercial Department of the Embassy of the People's Republic of China in the Kingdo ... 阅读全文

India is a large country with a population of 1.4 billion, and it is also a country full of contradictions and challenges. The Indian economy has made certain achievements in the past few decades, but it also faces many problems, such as insufficient infrastructure, backward education, and wealth gap. These issues not only affect India's internal development, but also hinder India's connection with the external world, especially cooperation with foreign investors ... 阅读全文

On October 12th, the Australian East Asia Forum website published an article titled "Kishida Diplomacy Resists the Principle of Political and Economic Separation". The author is Stephen Nagi, a professor at the International Christian University of Japan. The full text is excerpted as follows: The deep economic cooperation in the fields of manufacturing, technology, and finance coexists awkwardly with decades of political and territorial disputes between Japan an ... 阅读全文

20: At 30:32, Canada's September CPI increased by 3.8% year-on-year, with an estimated 4.0%, compared to the previous value of 4.0%.