International Economic
Draghi calls on political parties to recommit to unity government, Italian debt advances
Italy's Prime Minister called on all political parties to recommit to the ruling unity coalition, arguing that that was what Italians want.
EU to ask countries to cut gas demand - report
Brussels is drawing up emergency plans to cut gas use, it was reported on Wednesday, on fears countries could be left struggling for fuel if Russia halts supplies this winter.
Beijing leaves lending rates unchanged
China has left two benchmark lending rates unchanged, it was announced on Wednesday, in line with forecasts.
US single-family housing starts drop sharply in June
Homebuilding activity in the US slowed sharply last month.
ECB policymakers to discuss 50 bps rate hike this week - report
European Central Bank policymakers will reportedly discuss whether to raise interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tackle record-high inflation.
Eurozone inflation pushes higher
Eurozone inflation pushed higher in June, official data showed on Tuesday, as soaring energy prices weighed heavily.
Bitcoin seeks $23,000, after one-month high, with 'cryptos' above $1 trillion
The cryptocurrency market maintains the good tone of recent days on Tuesday, with its total capitalization above $1 trillion, while Ethereum continues to pull the market, thanks to the good news coming from its work-proof protocol change. Bitcoin, meanwhile, pulls back marginally from Monday's one-month high above $22,600 and puts $23,000 within striking distance.
What is Polygon (MATIC), Disney´s preferred blockchain, and why is it up 60%?
The short-term rally that the cryptocurrency market is experiencing, days before the very important meetings of the market with the central banks of Europe and the US, is revealing a little-known protagonist for most investors. The MATIC token of the blockchain Polygon rose 60% in the last week, thanks to a combination of factors that put it in the spotlight of market participants.
US home builder confidence tumbles in July - NAHB
US home builder sentiment tumbled in July as high inflation and increased interest rates stalled the housing market, slowing sales and buyer traffic, according to the National Association of Home Builders.
Ethereum leads gains after crypto rally, MATIC is unstoppable
Rally in the cryptocurrency market ever since last Friday, to the beat of Wall Street, and persisting on Monday, with notable rises in Ethereum and other altcoins such as MATIC (Polygon). Bitcoin is again facing the $22,000 level after several days in consolidation around $20,000 and total market capitalization at $990 billion.
Americans' medium-to-long term inflation expectations retreat in July, U.Michigan says
American consumers were a tad more confident at the start of July, thanks to the recent drop in petrol prices, they results of a very closely-followed survey revealed.
US retail sales rise 1% in June
US retail sales jumped 1% month-on-month in June, according to the Federal Reserve, ahead of forecasts for a print of 0. 8% and recovering from a downwardly revised 0. 1% decline in May.
Alarm in Bitcoin: 135,000 BTC stuck in Mt. Gox are "a blast from the past"
Before the bankruptcy of Terra, Celsius and Three Arrows Capital, with the fund freezes and groups they established on their clients' funds, in the short history of Bitcoin, the Mt. Gox cryptobroker case has the honorable privilege of being the first major cryptoasset company to fail in history. The ramifications of that event reach into today and may explode the current bear market, warn experts at Julius Baer, who call the court ruling on the fate of part of the Bitcoins lost in that liquidation a "blast from the past.
EU new car registrations record worst June in 26 years
Passenger car registrations continued their downward trend in the European Union in June, according to fresh data on Friday, as supply chain issues continue to limit vehicle output.
China's economy slows sharply in Q2 as zero Covid takes its toll
Growth in China’s economy slowed sharply in the second quarter as the country’s zero Covid strategy took its toll, according to figures released on Friday by the National Bureau of Statistics.
US producer price index increases to 140.43
US producer prices increased to 140. 43 points in June, according to the Bureau of Labor Statistics, up from 138. 89 points in May.
US jobless claims rise to 244,000
Americans filed new unemployment claims at an accelerated clip in the week ended 9 July, according to the Labor Department.
Brussels lifts eurozone inflation forecasts
Brussels has lifted its forecasts for inflation across the European Union, and trimmed its growth outlook, as the fallout from Russia’s invasion of Ukraine continues to weigh heavily.
"Bitcoin price will fall below $13,700 to end the year at $25,000"
Cryptowinter is far from coming to an end and Bitcoin´s price (BTC) has a long way to go from reaching a floor in its depreciation from the highs reached in November last year, at $69,000. This is one of the conclusions drawn from Finder's latest survey. The panel of 53 experts consulted by the statistics firm also believes the digital currency will bottom out at $13,676 on average in 2022 before ending the year at $25,473.
Bitcoin at one-week lows: more than 62,000 crypto traders liquidated
Another day in the red for the cryptocurrency market, with Bitcoin at one-week lows, close to the $19,000 area, and Ethereum touching the $1,000 mark. Total capitalization is down around $100 billion to $870 billion from $970 billion a few days ago, when the main market currencies experienced a series of bullish days that led digital currencies to rises led by Bitcoin to $22,000.