International Economic
US import prices slow by more than expected in January
Import price gains in the States slowed by more than expected in January.
Cryptos face reality again; Bitcoin falls to $23,500
Profit-taking in the cryptocurrency market. Bitcoin (BTC) drops nearly 4% to $23,600 after surpassing August highs on Thursday. Ethereum (ETH), meanwhile, falls 1. 6% to $1,650.
US producer prices rise more quickly than expected in January
Wholesale prices in the US rose more quickly than expected at the start of 2023.
US housing starts and permits for January come in below forecasts
Homebuilding activity in the States slowed in January.
US initial jobless claims come in below market expectations
Americans unexpectedly filed unemployment claims at a decelerated rate in the week ended 11 February and remained near a nine-month low.
Philly Fed index slumps further in February
Manufacturing sector activity in the US mid-Atlantic region worsened in February, the results of a closely followed survey revealed.
Bitcoin surprises everyone, as it soars 11% to $24,500, at August highs
The cryptocurrency market has surprised everyone. Everything has changed overnight when it seemed that digital assets were destined to extend the falls of the last sessions and the regulatory offensive in the United States. Bitcoin (BTC) has soared 11% to comfortably surpass $24,500 and reach 6-month highs. Ethereum (ETH), meanwhile, has bounced more than 8% and remains close to regaining $1,700.
US retail sales grow by more than expected in January
US retail sales unexpectedly increased in January, bouncing back from the prior month's 1. 1% drop.
Euro area industrial production declines in December led by Germany
Industrial output in the single currency block fell at the end of 2022 amid widespread declines by goods categories, although most major economies in fact saw gains.
Cryptos rebound after the US CPI; Bitcoin regains $22,000
The cryptocurrency market rebounds. Bitcoin (BTC) rises 1. 6% in the last 24 hours and regains $22,000, while Ethereum´s (ETH) gains extend to 2. 8% and push it towards $1,500.
US CPI increases more quickly than expected in January
The cost of living in the US increased by more than expected at the start of 2023, as energy and shelter costs pushed up on headline and core inflation.
Fed's Barkin says US inflation coming down slowly
A top US central bank official said that policymakers may need to take interest rates higher than previously expected if inflation continued to run too fast.
Investor pessimism hits 12-month low in February, BofA says
The so-called 'pain trade' in risk assets was still up because investors around the world continued to exhibit caution, the results of BofA's monthly fund manager survey found.
OPEC nudges up 2023 global oil demand forecast
The Organisation of Petroleum Exporting Countries nudged up its global oil demand forecast for 2023 on the back of the improved outlook for the world economy.
Eurozone growth slows in Q4, as expected
Economic growth in the eurozone slowed in the final quarter of last year, according to final data released on Tuesday by Eurostat.
Cryptos and Bitcoin await inflation data with losses after SEC hit
Cryptocurrencies are not recovering on Tuesday. Bitcoin (BTC) falls 0. 4% and remains below $22,000 ($21,770), while Ethereum (ETH) drops 0. 93% and remains on the verge of losing $1,500.
Japan Q4 GDP rises by 0.6%, falls short of consensus
Japan's economy grew more slowly than expected at the end of 2022 amid restrained household spending and business investment.
SEC and inflation sink cryptos; Bitcoin could test $20,000
Cryptocurrencies turn bearish. Bitcoin (BTC) rises slightly after retreating 4. 5% in the last week and remains below $21,900, while Ethereum (ETH) drops 0. 85%, falling more than 7% in the last seven days and threatens to lose $1,500.
EU economy to avoid recession this year, says European Commission
The European Commission lifted its growth forecasts on Monday as it said the European Union and the eurozone were set to "narrowly avoid" a technical recession this year.
US consumer confidence edges higher in February, University of Michigan says
Americans grew a tad more confident towards the middle of February, the results of a very closely followed survey revealed.