International Economic
ECB goes ahead with 50 basis point interest rate hike
Rate-setters in Frankfurt went ahead and raised short-term interest rates by 50 basis points despite recent heightened stress in the banking sector on either side of the Atlantic.
US import prices drop for first time since December 2020
The cost of goods purchased overseas registered its first outright decline in year-on-year terms in February since December 2020.
Weekly US jobless claims drop sharply
Tightness in the US jobs market showed no signs of easing, data covering the previous week showed.
US housing starts rise by more than expected in February, but details less solid
Homebuilding activity in the States perked up last month, but the details of the data were a bit less impressive.
Factory sector activity worsens in US Mid-Atlantic region during March
An anticipated rebound in manufacturing activity in the US mid-Atlantic region failed to materialise in March, the results of a closely followed survey revealed.
Cryptocurrencies and Bitcoin fall on fears of market illiquidity
There have been cuts in the cryptocurrency market. Bitcoin (BTC) falls 1. 3% in the last 24 hours to around $24,600, while Ethereum (ETH) drops 3% and slips back to $1,650.