Western Union notes:The euro weakened Friday as Greek talks on badly needed rescue money suffered a setback in the IMF walking away from negotiations. The euro was also hurt by comments from German Chancellor Angela Merk…
The euro weakened Friday as Greek talks on badly needed rescue money suffered a setback in the IMF walking away from negotiations. The euro was also hurt by comments from German Chancellor Angela Merkel that indicated the strong euro was counterproductive for efforts under way in the region to reform economies.
Hope remains for Greece to eventually win more rescue money. But efforts to date have done little to bolster optimism in a deal anytime soon. The euro zone economy ended the week on a tepid note with industrial production up a mere 0.1 percent in April, a fraction of forecasts of a 0.3 percent increase.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
