International Economic
Cryptos and Bitcoin rebound after lackluster Fed minutes
There´s been yet another turn of events in the cryptocurrency market. Bitcoin (BTC) rises 2% in the last 24 hours and is trying to regain $24,500, while Ethereum (ETH) is experiencing a slightly higher rise and is looking to return to $1,700.
Euro area CPI revised a tad higher for January
The cost of living in the euro area fell a bit a more slowly at the start of 2023 than previously thought.
Fed minutes show some division emerging among officials
Investor focus was very much on minutes from the Federal Reserve's February meeting late on Wednesday, which showed some division emerging as a number of officials expressed concern over the recent easing in financial conditions.
Morgan Stanley cuts 2023-24 Brent crude oil price forecasts
Analysts at Morgan Stanley cut their price forecasts for Brent crude oil prices across 2023 and for 2024 on the back of higher-than-expected Russian exports.
British Steel to announce job losses, closure of coking ovens
British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe.
German business sentiment improves in February - Ifo
German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute.
Bitcoin and cryptocurrencies turn bearish, worried about the Fed and the SEC
There´s been a new 180-degree turnaround in the cryptocurrency market. Both Bitcoin (BTC) and Ethereum (ETH) dropped around 3. 9% and are heading towards $24,000 and $1,600, respectively.
German inflation ticks up as expected in January
German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday.
US existing home sales fall for a twelfth month in a row in January
Home selling activity in the US slowed for a twelfth straight month at the start of 2023.
US services sector swings back into expansion in February, S&P Global says
Output from America's private sector swung back into expansion unexpectedly in February after a seven-month stretch of declines, the results of two surveys revealed.
Putin says Russia will continue with tasks set out, pulls out of New START treaty
Far from signalling any openness to a ceasefire, Russian President Vladimir Putin said his country was fighting for its "historic lands" in Ukraine and that Moscow would "fulfill the tasks set step-by-step, carefully and consistently".
German business sentiment improves in February - ZEW
German business sentiment improved in February, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Cryptos continue to rise; Bitcoin conquers $25,000
The cryptocurrency market continues on a steady upward path. Bitcoin (BTC) soars nearly 2% in the last 24 hours and settles around $25,000, while Ethereum (ETH) rises 0. 4% and is trying to maintain the recently conquered $1,700.
Eurozone business growth hits nine-month high
Business growth in the eurozone hit a nine-month high in February, according to a preliminary reading released on Tuesday.
Euro area consumer confidence improves as expected in February
Consumer confidence in the single currency block improved for a fifth month in a row in February, but remained well below its long-term average.
German economic outlook 'somewhat brighter' - Bundesbank
The outlook for the German economy has brightened slightly, the Bundesbank said on Monday, after energy prices eased.
China leaves rates unchanged in line with expectations
The People’s Bank of China left its 1-year loan prime rate unchanged for February at 3. 65%, the central bank said on Monday.
Eurozone construction output falls in December
Eurozone construction output fell in December, mainly due to a sharp slump in Germany, according to data released on Monday by Eurostat.
Bitcoin tests $25,000 in another Fed-driven week
Cryptocurrencies start the week with a new bullish turn. Bitcoin (BTC) falls slightly but maintains the level achieved late last Friday and Ethereum (ETH), meanwhile, is trading flat and close to $1,700.
BofA's Hartnett believes Fed's job 'very much unaccomplished'
BofA's investment strategies believed that the Federal Reserve's job was "very much unaccomplished".