Euro Zone Business Activity Declines Again In August
The month of August saw euro zone business activity contract for the second straight month, as the rising cost of living drove consumers into cutting...
Shares Dip And Dollar Dips Over Rate Hike Worries
On Monday, shares declined and the dollar extended its rally, due to angst over global economic growth with most central banks continuing to hike interest...
Asia-Pacific Markets Finish Flat With Wall Street Quiet
On Friday, Asia-Pacific markets were trading mostly flat for the day, as Wall Street also remained muted and was trying to revive its recent rally....
Shiba Inu Experiences over 4% Price Surge, Disregarding $200 Million Crypto Market Onslaught
The running week has turned out to be full of drama for the entire cryptocurrency industry. The cryptocurrency industry is now very desperate to overcome...
Electricity Consumption of Russian Crypto Miners Surges
Since 2017, there has been an increase in the power needs of Russian crypto miners, as electrical energy consumption has seen an almost 20-fold increase...
Investors Betting on Bigger Hikes by BoE after Inflation Numbers
On Wednesday, the 2-year bond yields of the British government reached their highest level in almost 14 years when the global financial crisis had been...
UK Inflation Reaches Double Digits after 1982
In July, consumer price inflation in the United Kingdom rose to 10.1%, which is the highest number seen since February 1982. This makes the UK...
UK Real Wages Fall At Record Rate With Soaring Inflation
On Tuesday, the Office of National Statistics released data showing that real wages in the United Kingdom dropped by 3% annually in the previous quarter....
Russian Bond Trading Gets Go-Ahead On Wall Street
In recent days, a number of major banks on Wall Street have begun to facilitate Russian debt trading. This is to provide investors with the...
Observing a 6% Dip in Bitcoin’s Price, a Trader Talks about Bearish Nature of Bitcoin
Recently, the trading price of Bitcoin (BTC) witnessed a rapid fall in its value. Throughout the month of July, the trading value of Bitcoin continued...