Germany’s Ifo index will probably point to a continued recovery
Capital Economics notes as follows .... We expect the German Ifo index (09.00 GMT) to have risen for the fourth consecutive month in March, adding to signs that the German recovery continued in Q1. Admittedly, there is a…
We expect the German Ifo index (09.00 GMT) to have risen for the fourth consecutive month in March, adding to signs that the German recovery continued in Q1.
Admittedly, there is a risk that the Greek crisis has affected activity this month. But industrial production rose at a decent clip in January and previous falls in the euro may now be having a positive effect.
Accordingly, we expect a rise in the BCI (business climate index) to 107.2.
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…
