Financial News

April’s private payrolls beat expectations, with a multiyear low in wage growth offering relief amidst inflation concerns.

Euro area governments unable to put in place consistent medium-term fiscal plans face credit-rating pressure even though reducing public borrowing is possible including for highly indebted countries, says Scope Ratings.

According to the report, consumers became more concerned about future business conditions, job availability, and income.

After five years of near-zero cumulative growth since the pandemic, Germany’s recovery is unlikely to accelerate without policy reform and an increase in net investment, supported by its significant fiscal space.

Coca-Cola’s EPS reaches 72 cents with $11.30 billion revenue; company raises growth forecast; McDonald’s struggles in Middle East.

MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to Q1 2024 report. The Michael Saylor-led firm now holds BTC worth $13.6 billion.

Investor focus shifts to German GDP, Eurozone GDP, Eurozone inflation, and US economic data post German retail sales surge.

Economic Momentum in Question: China Caixin Manufacturing PMI sends mixed signals despite an unexpected increase in the headline PMI.

As May 2024 approaches, over $3 billion worth of tokens are about to be unlocked across seven different projects, according to TokenUnlocks data. The two largest unlocks will be from DeFi oracle network Pyth and crypto derivatives platform Aevo (formerly Ribbon Finance). Most crypto projects make their total supply of

The report indicated that wage pressures picked up, while price pressures declined.

Eurozone Economic Sentiment dips, fueling speculation of June ECB rate cut. However, German inflation numbers also need consideration later today.

Bitcoin (BTC) ETFs recorded the outflows of $328 million last week, the highest since the SEC approval in January 2024. What could happen in the week ahead?

Vitalik Buterin responded to reports of Ethereum community members bemoaning the switch from the old proof-of-work model to a proof-of-stake consensus.

The crypto sector has continued to struggle for stability since Bitcoin Halving on April 20. Here’s how BTC, ETH, SOL and DOGE performed over the weekend.

The cryptocurrency landscape closes yet another dramatic week with Binance founder Changpeng Zhao, Ripple Laps & Shiba Inu seizing the limelight.

In the week ahead, US labor market data, ISM Services PMIs, and the FOMC press conference will be focal points amidst fading bets on Fed rate cuts.

The broader crypto market faced the threat of another weekly loss going into Saturday (April 27) while activity in the US courts drew interest.

Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of the new standard. 

Year-ahead inflation expectations increased from 2.9% to 3.2%.

Fed’s inflation measure exceeds forecasts; all-items PCE index signals robust inflation, with March seeing substantial income rise, boosting spending.