International Economic
US open: Alphabet and Boeing please, banks wanted
US stocks were trading on a mixed note on Wednesday as investors eyed the latest policy announcement from the Federal Reserve later in the session and a mixed batch of earnings releases.
Little movement in cryptos as they await the Fed and some positive news
Little movement in the cryptocurrency market. Bitcoin (BTC) drops moderately and remains near $29,200, while Ethereum (ETH) follows in its wake and threatens to lose $1,850.
US house prices rise in May, S&P says
Home prices in the U. S. rose in May, led by gains in the largest cities, the results of a closely watched survey showed.
US consumer confidence jumps in July, price expectations dip
Consumer confidence in the U. S. jumped in July, breaking out of the sideways range that had been seen throughout much of the past year, the results of a survey showed.
IMF lifts global growth forecasts; Sees softer landing for major economies
The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year.
Cryptos are showing signs of weakness; Bitcoin is close to losing $29,000
The cryptocurrency market continues to show signs of weakness. Bitcoin (BTC) has fallen nearly 2% in the last 24 hours and threatens to lose $29,000, while Ethereum (ETH) has dropped 0. 8% and is approaching $1,850.
German business sentiment deteriorates further
German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute.
US private sector output slows in July, S&P Global says
Private sector output in the States slowed further in July, even as price pressures remained 'sticky', survey results showed.
Cryptos fall; Bitcoin barely moves and looks ahead to Fed meeting
Cryptos fall. Bitcoin (BTC) drops 0. 3% to around $29,800, while Ethereum (ETH) trades practically flat at $1,870.
Activity in euro area services and at factories slows further in July
Activity levels in the single currency bloc's factory and services sectors slowed further in July, closely followed survey results showed.
Cryptos fall and Bitcoin loses $30,000; Ripple's momentum fizzles out
Moderate falls in the cryptocurrency market. Bitcoin (BTC) drops 0. 7% in the last 24 hours and falls below $29,800, while Ethereum (ETH) is at $1,890 after losing 1% in the last day.
J.P.Morgan bullish on outlook for UK property stocks
Analysts at J. P. Morgan sounded a 'bullish' note on the outlook for UK property stocks.
Existing home sales slip in June due to a lack of supply, NAR says
The pace of existing home sales was softer than expected last month, but a leading business lobby group laid the blame at the feet of insufficient supply.
Weekly U.S. jobless claims surprise to the downside again
The U. S. jobs market appeared to tighten a bit over the preceding week, hitting a two-month low in the process.
Philly Fed factory index is little changed in July
Manufacturing sector activity in the U. S. mid-Atlantic region was little changed in July, according to the results of a closely followed survey.
Cryptos are still lethargic; "Bitcoin seems vulnerable to further falls"
Slight rebound in the cryptocurrency market. Bitcoin (BTC) rises moderately above $30,1000, while Ethereum (ETH) drops a little and threatens the $1,900 level.
PBoC stands pat on interest rates, as expected
The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month.
EZ inflation confirmed at 5.5%; Construction up 0.2%
Eurozone annual inflation was confirmed at 5. 5% in June from 6. 1% in May, final official data from Eurostat showed Wednesday.
Cryptos are calm; Bitcoin stagnates after post-Ripple surge
Cryptocurrencies rebound slightly. Bitcoin (BTC) rises 0. 2% and is back above $30,000, while Ethereum (ETH) soars 0. 5% and is back above $1,900.
U.S. industrial production surprises to the downside in June
Industrial production in the U. S. shrank unexpectedly last month.