International Economic
Chicago PMI slides in May
Economic activity in the Chicago area tumbled in May, according to data released on Wednesday.
German inflation eases in May
German inflation eased in May, falling to its lowest level since March 2022, according to figures released on Wednesday by the Federal Statistical Office.
German unemployment holds steady in May
The German unemployment rate held steady in May, official data showed on Wednesday, in line with expectations.
Cryptos fall again while awaiting news on US debt
Cryptocurrencies are falling again on Wednesday. Bitcoin (BTC) drops 2. 3% in the last 24 hours to $27,160, while Ethereum (ETH) retreats 1. 9% and falls below $1,870.
China recovery faltering as factory activity shrinks
Further signs that China's economic recover was stuttering emerged on Wednesday as data showed factory activity falling faster than expected, driven by weaker demand.
US consumer confidence dips in May, Conference Board says
American consumers were in a slightly dourer mood in May with assessments of current conditions less positive and their outlooks still gloomy, the results of a survey revealed.
US home prices rise again in March, S&P Case Shiller index shows
Home prices in the States rose for a second straight month in March, helped by a dearth of available inventory, the results of a closely watched survey revealed.
EZ economic sentiment falls more than expected in May
Business and consumer confidence in the Eurozone fell more than expected in May, suggesting that any economic recovery may be stalling.
Cryptos try to find direction while keeping the Fed in focus
Sentiment has been tempered in the cryptocurrency market. Bitcoin (BTC) falls 0. 4% in the last 24 hours and stands at $27,800, while Ethereum (ETH) is trading virtually flat and holding the $1,900 level.
Bitcoin seeks to regain $28,000, boosted by U.S. debt ceiling
There´s been a comeback in the cryptocurrency market. Bitcoin (BTC) has risen around 3% in the last 24 hours and is on the verge of regaining the $28,000 level. Ethereum (ETH), for its part, has soared by the same amount and is trying to consolidate the $1,900 level, a level not seen since the beginning of May.
US consumer confidence slips in May, price expectations fall, University of Michigan says
Consumer confidence in the US slipped in May amid the uncertainty around the debt ceiling crisis and concern about a potential recession, the results of a closely followed survey revealed.
US personal spending rebounds in April, price gains pick up
Americans resumed splashing out last month, pushing the savings rate lower.
US visible trade deficit yawns wider in April
America's visible trade deficit yawned wider last month as exports shrank rapidly.
Cryptos rebound, supported by Nvidia and awaiting an agreement in the U.S.
Moderate rebound in the cryptocurrency market. Bitcoin (BTC) has risen almost 1% in the last 24 hours and is trying to regain the $26,500 level, while Ethereum (ETH) has increased 1. 5% and is back to the $1,810 level.
Fed's Collings open to rate hike pause in June
A top US central bank official said that soon, if not now, be the time for a pause in interest rate hikes.
US pending home sales remain flat in April
Home sales in the US were flat last month amid limited inventory and due to the hurdle posed by affordability.
Weekly US jobless claims edge up, prior week tally revised markedly lower
The US jobs market remained tight during the preceding week, the latest government data on jobless claims filings showed.
US Q1 economic growth revised upwards
The US economy grew faster in the first quarter than initially estimated, according to figures released on Thursday by the Commerce Department.
Cryptocurrencies fall again; the Fed and debt ceiling drag Bitcoin down
Cryptocurrencies aren´t able to recover. Bitcoin (BTC) has dropped nearly another 2% in the last 24 hours and threatens to lose $26,200, while Ethereum (ETH) follows in its wake, falling 2. 10% and dropping back to $1,780. Barring an unexpected turn of events, May will be the worst month so far in 2023 for digital assets.
Germany enters technical recession as Q1 GDP revised lower
The German economy entered a technical recession in the first quarter of this year, as households tightened spending, according to official data released on Thursday.