German Ifo index provided further evidence that recovery continued in Q1
German Ifo index (released on Wednesday) showed that the headline composite Business Climate Indicator (BCI) rose from 106.8 to 107.9, stronger than the consensus forecast. Capital Economics notes ..... March's rise in t…
German Ifo index (released on Wednesday) showed that the headline composite Business Climate Indicator (BCI) rose from 106.8 to 107.9, stronger than the consensus forecast.
Capital Economics notes .....
March's rise in the German Ifo index provided further evidence that the recovery in the euro-zone's largest economy continued in Q1.
The improvement was broad-based but the manufacturing component rose strongly, suggesting that the weaker euro is starting to have a positive effect on firms.
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…