International Economic
Cryptos await US CPI; Bitcoin at $27,600
There´s been little change in the cryptocurrency market. Bitcoin (BTC) has risen around 0. 3% in the last 24 hours, although it has slowed its climb to $27,600. Ethereum (ETH), has soared about the same amount, although it continues to be somewhat more upbeat and is looking to regain $1,850.
US small business confidence dips a bit more than expected in April, NFIB says
A closely followed gauge of small business sentiment plumbed a 10-year low last month as confidence in the economic outlook, as well for sales and earnings waned.
Microsoft's LinkedIn to cut more than 700 workers
Microsoft subsidiary LinkedIn announced that it would be reducing its workforce by more than 700, becoming the latest US technology name to make layoffs.
Cryptos continue to fall; Bitcoin loses $28,000
Cryptos post sharper declines and extend Monday's pullback. Bitcoin (BTC) has dropped another 2% in the last 24 hours and falls below $28,000 to the $27,500 level. Meanwhile, Ethereum (ETH) has retreated 1. 4% in the last day and is trying to sustain the $1,800 level.
China April export growth slows, imports fall in mixed data
China reported better-than-expected exports in April, although growth slowed, while imports fell again, according to data released on Tuesday.
Bitcoin and Ethereum fall sharply after Binance scare
Cryptocurrencies face a major downward turn. Bitcoin (BTC) has fallen more than 2% in the last 24 hours to around $28,200, while Ethereum (ETH) has dropped another 2% and is close to $1,850.
US non-farm payrolls beat expectations in April
The US economy created more jobs than expected last month, according to figures released on Friday by the Bureau of Labor Statistics.
Eurozone retail sales fall 3.8% in March
Retail sales in the eurozone fell by 3. 8% in March and an annual basis, worse than the 3. 1% forecast as the cost-of-living crisis continues to hit consumer spending power, according to official data released on Friday.
Little movement in cryptos after Fed and ECB; Bitcoin at $29,100
Little movement in the cryptocurrency market. Bitcoin (BTC) is retreating slightly, although it remains above $29,100, while Ethereum (ETH) is virtually flat and trying to hold $1,900.
German factory orders tumble
German factory orders plunged in March, official data showed on Friday, missing expectations and reversing previous gains.
China's services sector grows a little less than expected in April
Growth in China’s services sector was a little weaker than expected in April, according to figures released on Friday.
US open: Stocks dragged lower by losses for bank index
Wall Street's main stock market gauges got off to a weak start on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve the night before.
Weekly US jobless claims rise by slightly more than anticipated
US jobless claims rose moderately during the preceding week.
US Q1 unit labour costs jump past forecasts
An important measure of price pressures emanating from the jobs market jumped past forecasts in the US at the start of 2023.
ECB hikes by 25bp says inflation outlook remains 'too high for too long'
The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long.
Bitcoin recovers $29,000, boosted by the Fed and PacWest´s fall
Cryptocurrencies are rising on Thursday after the latest Federal Reserve (Fed) rate hike. Bitcoin (BTC) and Ethereum (ETH) have rebounded around 1. 5% in the last 24 hours and are above $29,100 and $1,900, respectively. The market as a whole has risen around 1. 5% to reach $1. 2 trillion in market capitalization.
Euro area producer prices fall in March as energy prices continue to retreat
Factory gate prices in the euro area fell back by more than expected at the end of the first quarter, amid a decline in energy prices.
Eurozone activity accelerates less than initially thought in April, S&P says
Economic activity in the single currency bloc accelerated by less than previously thought, the results of a closely followed survey revealed.
German exports fall sharply in March
German exports and imports fell by more than expected in March, official data showed on Thursday.
China factory activity contracts in April - Caixin PMI
Chinese factory activity slipped in April, according to survey data released on Thursday.