International Economic
Bitcoin nears $21,000: can the crypto bull rally continue?
The bullish rally in the cryptocurrency market continues, although it has lost some steam. In the last 24 hours, Bitcoin (BTC) and Ethereum (ETH) have advanced around 1. 5%, the former trying to reach $21,000 (yesterday it reached a high of $20,938) and the latter, $1,600. The world's largest cryptocurrency had not reached this level since last September 15, when 'The Merge' of ETH was completed.
German consumer sentiment set to improve a touch in November - GfK
German consumer sentiment is expected to improve a touch next month, according to a survey released on Thursday by market research group GfK.
US new home sales fall a tad less than expected in September
New home sales in the US fell by only a tad less than expected last month.
US foreign trade deficit in goods widens in September
America's shortfall on trade in goods with the rest of the world widened unexpectedly during the previous month amid a drop in exports.
Central banks may need to step in again to safeguard financial stability, Capital Economics says
Central banks may need to step in again in order to avoid panic selling and money market distress, a top economics consultancy said.
Cryptocurrencies soar to 3-week high
There´s currently a very strong rally in the cryptocurrency market. If yesterday (on Tuesday) it seemed that the 'cryptos' did not find a clear trend, today it must be said that they have reached levels not seen for weeks. For example, Bitcoin (BTC), that with a 7% rise in the last 24 hours, has regained $20,000 for the first time since October 7 after several unsuccessful attempts. Ethereum (ETH), the world's largest 'altcoin', has also surpassed $1,500 for the first time since September 15, the date of 'The Merge', and has soared almost 15% in the last few hours.
US consumer confidence declines in October, weighed down by views on jobs market
Americans' views on the economy, jobs and inflation all soured more than expected in October, the results of a closely followed survey revealed.
US house price growth slows in August
US house price growth eased in August amid higher interest rates, according to the latest S&P CoreLogic Case-Shiller national home price index.
Undefinition in cryptocurrencies: Bitcoin consolidates at $19,300
Today, Tuesday, marks another day of little movement in the world of cryptocurrencies. Bitcoin (BTC), the world's leading cryptoasset, has been trading practically flat during the last 24 hours and is managing to consolidate $19,300, while Ethereum, the largest 'altcoin', has scored a gain of 0. 6% in the same period and maintains $1,340.
German business sentiment remains 'gloomy' in October - Ifo
German business sentiment remained "gloomy" in October, according to a survey released on Tuesday by the Ifo Institute.
US business activity shrinks again in October
Business activity in the US shrank again in October as demand weakened amid high inflation, according to a survey released on Monday.
France, UK and US reiterate support for Ukrainian defence for as long as it takes
The foreign ministers of France, the United Kingdom and the United States reiterated their support for Ukraine's sovereignty and territorial integrity and discussed their determination to continue supporting Kyiv's efforts to defend its territory for as long as it takes.
Better-than-expected GDP headlines tsunami of China data
Better-than-expected economic growth was the headline of a large data dump out of China on Monday, after a series of economic releases were delayed until after Beijing’s National Congress.
Cryptocurrencies mixed: can Bitcoin consolidate at $19,300?
The cryptocurrency market continues to find no clear direction to go in and bears a clear mixed sign among the main tokens. On Monday, Bitcoin (BTC), the world's largest cryptoasset, records slight declines and is trying to consolidate the $19,300 gained over the weekend. Ethereum (ETH), the largest altcoin on the planet, rises moderately and stands at $1,330.
Eurozone business activity contracts again in October
Eurozone business activity contracted again in October, at the fastest pace in two years, according to a preliminary survey released on Monday.
Week of little movement in cryptos, heavily influenced by the Fed´s policy
It´s been a week of very little movement in the cryptocurrency market. The total capitalization of cryptoassets has fallen $2 billion in the last five days as Bitcoin (BTC) and Ether (ETH) struggle to hold key supports and aim, without much success, towards new resistance levels.
US existing home sales slip as expected in September
Second-hand home sales slipped last month weighed down by fast-rising mortgage rates, led by declines in the more expensive regions of the US.
Philly Fed index ticks up but remains negative
Manufacturing production in the Philadelphia region deteriorated more than expected in October, according to a survey released on Thursday.
US initial jobless claims fall to 214,000
Americans lined up for first-time unemployment benefits at a decelerated pace in the week ended 15 October, according to the Department of Labor.
Bitcoin still at $19,000; will there be a small pullback before a new bullish movement?
Bitcoin´s price remains in the $19,000 range, a move that some analysts see as a small pullback that may result in starting its upward movement. In recent days, the cryptocurrency has moved between this level and the $21,000 level.