International Economic
Cryptos rebound, boosted by BlackRock's potential Bitcoin ETF
The cryptocurrency market rebounds. Bitcoin (BTC) rises over 2% in the last 24 hours and reaches $25,600, while Ethereum (ETH) follows in its wake and reaches $1,670. However, both cryptos have dropped more than 3% and 9%, respectively, in the last week.
Bank of Japan leaves rates unchanged
The Bank of Japan maintained its loose monetary policy on Friday and left interest rates unchanged, in line with expectations.
Philly Fed manufacturing index dips a bit more than expected in June
Manufacturing sector activity in the US mid-Atlantic region weakened a tad more than expected in June, the results of a closely followed survey showed.
ECB hikes again, revises core CPI forecasts higher
Rate-setters in Frankfurt hiked its main interest rates again, as expected, as inflation appeared set to remain "too high for too long".
Eurozone balance of trade slides into deficit
The Eurozone balance of trade fell back into deficit in April, official data showed on Thursday.
US retail sales hold up in May, rise 0.4%
American consumers continued to spend at a steady clip last month.
Weekly US jobless claims remain unchanged, top forecasts
There was a bit more slack than expected in the US jobs market during the latest week.
Fed's hawkish turn hits cryptos; Bitcoin drops below $25,000
There´s been a vast bearish turnaround in cryptocurrencies. Bitcoin (BTC) falls 4% in the last 24 hours and drops below $25,000, while Ethereum (ETH) retreats 6% and tries to hold $1,600.
China cuts rates as data shows economic recovery stalling
Fears that China’s economic recover was stalling were strengthened further as the country’s central bank cut its benchmark policy rate for the first time in almost a year amid a raft of disappointing data.
Fed skips rate hike, gains time to analyse more data
Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more.
US wholesale inflation slips more than expected in May amid drop in energy
Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices.
Eurozone industrial production rebounds to post rise in May
Industrial production in the Eurozone recorded a better-than-expected rise in April, rebounding from a slump in March, official data showed on Wednesday.
Cryptos fall; Bitcoin below $26,000 ahead of Fed meeting
Cryptos fall moderately. Bitcoin (BTC) has retreated 0. 7% in the last 24 hours and stands at around $25,900, while Ethereum (ETH) follows in the footsteps of the crypto queen and drops to $1,740.
US CPI gains slow to 4.0% in May
The cost of living in the US rose by a tad less than anticipated last month.
German business sentiment improves in June - ZEW
German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
German inflation slows as energy prices cool
German inflation continued to slow in May, official data showed on Tuesday, in line with expectations.
Cryptos are calm ahead of US CPI and central bank meetings
There´s a sense of calm in the cryptocurrency market. Bitcoin (BTC) has risen 1% in the last 24 hours and is trying to consolidate at $26,000 before central bank meetings begin, while Ethereum (ETH) also rebounds and is close to $1,750.
China cuts short-term loan rates in bid to stimulate economy
The People’s Bank of China on Tuesday cut a key short-term policy rate as it an economy stalling after the reopening from the Covid-19 pandemic failed to maintain momentum.
Bitcoin and Ethereum resist SEC's advance during altcoins' falls
There´s not much new information to report in the cryptocurrency market. Bitcoin (BTC) has lost $26,000 since last Friday and is currently trading above $25,800 after rebounding on Sunday. Ethereum (ETH), meanwhile, has given up more ground and is trading at $1,740.
BofA analysts say S&P 500 'bear market' now dead
Equity analysts at Bank of America Securities sounded a 'bullish' note on the outlook for stocks, declaring the 'bear market' "officially over" and telling clients the new 'bull market' had legs.