Fall in ZEW investor sentiment dents Germany's economic outlook
May's fall in German ZEW investor sentiment, from +53.3 to +41.9, suggested that growing fears over Greece together with the recent rise in bond yields and appreciation of the euro exchange rate have damaged the economic…
May's fall in German ZEW investor sentiment, from +53.3 to +41.9, suggested that growing fears over Greece together with the recent rise in bond yields and appreciation of the euro exchange rate have damaged the economic outlook. (Data released on Tuesday.) It followed falls in the German Composite PMI and EC Economic Sentiment Indicators in April.
"We still see German GDP growing by up to 2% this year, but a renewed appreciation of the euro or further intensification of the crisis in Greece would imply slower growth." says Capital Economics
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…
