Categories Finance

UK May construction PMI 47.9 vs 47.2 expected

Prior 46.6 The improvement in overall activity comes as both output and new orders fell at the slowest pace since January. However, employment conditions continue to stutter with job shedding accelerating by its fastest since August 2020. S&P Global notes that: “The construction sector continued to adjust to…

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Categories Finance

Italy April retail sales +0.7% vs +0.2% expected

Prior -0.5% Retail sales y/y +3.7% vs -2.8% prior In the three months to April 2025, retail sales grew by 0.1% in value and declined by 0.4% in volume compared to the previous three-month period. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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Categories Finance

XRP Drops 3% as Selling Pressure Overwhelms Support Level

XRP XRP tumbled 2.71% over the past 24 hours, continuing its downward spiral as selling pressure outweighed buyer interest. The token now trades at $2.20 after breaking below key support levels, forming a descending channel pattern that has defined recent price action. A significant volume spike of 1.2…

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