But we are not quite there yet Forecasts, services inflation, wage developments will navigate what will happen in April and beyond This article was written by Justin Low at www.forexlive.com.
Read MorePrior 53.3 A stuttering start to the new year for Spain’s manufacturing sector. Both output and new orders saw softer gains while employment conditions also slumped lower in January. HCOB notes that: “The new year is off to a weak start. The momentum in Spain’s manufacturing sector has…
Read MoreEurostoxx -2.1% Germany DAX -2.0% France CAC 40 -2.1% UK FTSE -1.3% Spain IBEX -1.6% Italy FTSE MIB -1.8% With Europe in the crosshairs soon enough, investors are certainly erring on the side of caution. Risk trades in general are being hammered today though. S&P 500 futures are…
Read MoreThe softer reading mostly stems from a drop in orders, though there is still pessimism surrounding the general outlook. Procure says that “expectations in the industrial sector with regard to protectionism remain largely unchanged”. The detailed breakdown: This article was written by Justin Low at www.forexlive.com.
Read MorePrior was 46.4 Key findings: Decline in production volumes loses momentum Sharp and accelerated decrease in order book volumes Firms continue to reduce charges despite rise in cost pressures Comment: Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: “Operating conditions at Italy’s…
Read MorePremiums of an infamous bitcoin (BTC) trade popularized by Sam Bankman-Fried have popped back to significant levels amid a market bloodbath caused by rising U.S. tariffs, a market sign that some consider bearish in the short term. The so-called Kimchi premium, or the difference in bitcoin prices on…
Read MoreIt’s business as usual for Ethena’s USDe as the synthetic stablecoin appeared to weather the storm brought on by market volatility from the White House’s trade war threats. USDe differs from stablecoins such Circle’s USDC because it’s a synthetic stablecoin and not backed by fiat assets at a…
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