Stocks News

US unemployment claims rise to 220,000 with the four-week average reaching a yearly high of 1,872,250.

U.S. private sector added 103,000 jobs in November, falling short of the 131,000 job market expectation.

The US courts highlight more untoward SEC actions in its regulation by enforcement maneuvers while Coinbase had an impressive November.

October saw the U.S. PCE index rise slightly, indicating stable inflation alongside modest growth in income and spending.

Q3 2023 sees US GDP grow 5.2%, driven by investment, spending, and stable inflation, boosting economic outlook.

The S&P CoreLogic Case-Shiller and FHFA Indices report a continued rise in US housing prices.

October’s durable goods orders fell 5.4%, more than expected, while jobless claims dropped to 209,000, showing labor market strength.”

The constitutional court ruling underlines Germany’s strong fiscal framework but complicates the government’s ability to address persistent under-investment of around EUR 300bn over the past decade.

Central banks are balancing inflation control with economic growth, impacting financial markets and currency values.

It was a mixed Monday to Friday for the crypto market. XRP was underwater as investors reacted to the latest court schedule, while DOGE was on the move.

Rising U.S. unemployment claims and a negative Philly Fed survey signal a softening labor market and manufacturing decline.

October saw a 0.5% PPI drop and 0.1% retail sales dip in the US, while NY manufacturing grew modestly despite fewer orders.

October’s CPI report: Inflation flat at 0.0%, Core CPI modest at 0.2%, surprising experts, raising economic and Fed policy questions.

Crypto-spot ETF-related news remained the focal point. However, investor uncertainty about the SEC v Ripple case left XRP trailing the broader market.

Lagarde forecasts potential Euro zone inflation rise, with ECB’s rate strategy and policies key to reaching 2% target and EUR/USD value.

Euro area retail sales dips more than forecasted, non-food sectors slump, while Spain’s growth defies the trend.

October jobs report falls short of estimates with a 150,000 increase, signaling mixed labor market health.

In October, the private sector added 113,000 jobs, missing the Dow Jones forecast of 130,000, while wage growth hit a one-year low at 5.7%.

In October 2023, Eurostat forecasts a drop in Euro area inflation to 2.9% from 4.3%, a sharp -11.1% energy rate decline, and a 0.1% GDP dip.

BTC-ETF market news fueled demand for cryptos. However, XRP trailed amidst fear of the SEC appealing the Programmatic Sales ruling.