International Economic
US producer prices rise 0.3% in July
US producer price inflation ticked up in July, the Bureau of Labor Statistics revealed on Friday.
The crypto market stalls as Bitcoin remains stuck at $29,500
With hardly any volatility or movement ocurring, the cryptocurrency market seems paralyzed this week. Bitcoin, in particular, is at a standstill in the $29,500 area after briefly touching $30,000 the past few days.
US consumer prices rise 0.2% in July
US consumer prices inflation ticked up 0. 2% in July, according to official government statistics on Thursday, matching economists' expectations.
US jobless claims rise more than expected
Jobless claims rose by 248,000 in the week ended 5 August, according to statistics released Thursday by the Department of Labor.
Bitcoin stabilizes near the $29,500 level ahead of U.S. CPI report
While awaiting the release of the US CPI data, Bitcoin´s price stabilizes near the $29,500 level after a week in which the cryptocurrency reached the area of $30,000. A level that it has not managed to maintain since then.
Bitcoin flirts with $30,000, a key level to regain upside momentum
Bitcoin flirts with $30,000, a level that it managed to reach for a few hours and that is key to regain its upward momentum. However, the cryptocurrency fails to settle in that area and is currently, on Wednesday, hovering around $29,700.
China slips into deflation in July
The cost of living in the People's Republic of China fell by a tad less than expected last month.
Italy hits banks with windfall tax
A surprise 40% windfall tax has been levied on Italian bank profits to help households and small businesses struggling with the cost of living, the government has announced.
Central bank may be at point where rates do not need to rise further, Fed's Harker says
The U. S. central bank may have reached a point at which it no longer needs to hike interest rates further - maybe - a top official said.
US foreign trade deficit falls in July as imports shrink
America's shortfall on trade with the rest of the world narrowed in June as imports fell.
US small business confidence improves by a bit more than expected in July, NFIB
Small business confidence in the States improved slightly last month, the results of a closely followed survey revealed.
Caution among Bitcoin investors, as it remains stuck in the $29,000 area
Caution is strong among Bitcoin investors. The quintessential cryptocurrency, although moving higher, is stuck on Tuesday in the $29,000 area. The market seems to be waiting for the US inflation figures to be released on Thursday.
Bitcoin starts the week steady, in the $29,000 area
Bitcoin starts the week with no major moves and continues to show low volatility. The cryptocurrency remains steady in the $29,000 area on Monday, a price consolidation that is seen as a positive sign for the rest of the market.
German factory orders rise unexpectedly in June
German industrial orders rose unexpectedly in June - defying expectations of a fall - as large-scale orders provided a boost.
US July non-farm payrolls rise by lower-than-expected 187,000
The US economy added fewer new jobs than expected last month, with official data showing non-farm payroll rose by 187,000 in July, below forecasts of an increase of 200,000.
Eurozone July construction activity contracts sharply - PMI
Construction activity in the eurozone entered a "sharp and accelerated decline" last month according to key survey data released on Friday.
EZ retail sales fall in July - Eurostat
Eurozone retail sales fell unexpectedly in June as inflationary pressures started to weigh on consumer behaviour, official data revealed on Friday.
Eurozone July business activity fell faster than estimates - PMI
Eurozone business activity stagnated more than initial estimates last month as the services sector also slowed along with the already-troubled manufacturing industry, a survey showed on Thursday.
US services sector activity slows slightly in July, ISM says
Activity in US services slowed modestly last month, the results of a closely followed survey revealed.
US job cut announcements fall again in July, Challenger says
Layoff announcements in the States continued falling back in July, rising by less than during the same month one year before for the first time since 2023, a prestigious consultancy said.