Cryptocurrencies traded higher in midday trading on Monday, April 6th, the opening session of the week, with Bitcoin reclaiming the $70,000 level for the first time in a week. This surge in cryptocurrency trading was fueled by increased risk appetite in the markets following reports of potential ceasefire talks in the Middle East, coinciding with a rise in market capitalization....
The US Bureau of Labor Statistics report released moments ago showed that total non-farm payrolls (NFP) increased by 178,000 in March, compared to a revised 92,000 jobs added in February (revised down to a loss of 133,000 jobs). Expectations had anticipated an increase of 65,000 jobs. Meanwhile, the unemployment rate fell slightly in March, by 0.01 percentage points, to 4.3%,...
Data released moments ago by the US Census Bureau shows that US retail sales rose in February, exceeding expectations. Sales reached $738.4 billion, a 0.6% increase after a 0.2% decline in January (compared to expectations of 0.5%). Sales also rose 3.7% year-over-year compared to February 2025. Core sales, excluding autos, also saw growth in February, rising 0.5% compared to January...
The US private sector added approximately 62,000 jobs in March, according to figures released moments ago by ADP, following the addition of approximately 63,000 jobs in February. This exceeded expectations, which had predicted the addition of 41,000 jobs. In detail, the construction sector added approximately 30,000 jobs, while the manufacturing sector lost approximately 11,000 jobs. The education and healthcare services...
Eurostat, the European Union's statistical office, released its preliminary estimate for March, showing that annual inflation in the Eurozone rose to 2.5%, up from 1.9% in February. This figure fell short of market expectations, which had anticipated a rise to 2.6%. The largest contributor to inflation in September was the energy sector, which saw a 4.9% increase after a 3.1%...
The UK's Consumer Price Index (CPI), which measures inflation, held steady in February, according to data released by the Office for National Statistics (ONS) on Wednesday morning, March 25. This figure was unchanged from January's reading of 3.0% year-on-year, matching market expectations and marking the slowest rate of growth since March 2025. On a monthly basis, the CPI rose by...
Data released at the start of the European session on Tuesday, March 24, showed divergence in most services and manufacturing PMIs for the Eurozone and the UK in March. The Eurozone services PMI fell to a ten-month low of 50.1 in March, compared to 51.9 in February (expected 51.1). In contrast, the manufacturing PMI rose to a 45-month high of...
Crude oil prices plunged by more than 13% in midday trading on Monday, March 23, the opening session of the week, following a tweet by US President Donald Trump. The losses were later pared back, with prices rising by approximately 5%. US crude (WTI) is trading at $89.14 per barrel, down 9.2%, while Brent crude is trading at $101.01 per...
At its meeting earlier today, Thursday, March 19, the ECB decided to maintain its three main interest rates at their current levels. The deposit rate remains at 2%, the main refinancing operation rate at 2.15%, and the lending facility rate at 2.40%, marking the sixth consecutive meeting where the ECB has held its rates steady. In its policy statement, the...
The Bank of England, by unanimous vote, decided to maintain its monetary policy and keep interest rates unchanged at 3.75%, as expected, at its meeting earlier today, Thursday, March 19th, for the second consecutive meeting. The Bank's interest rate report stated that the conflict in the Middle East has caused a significant increase in global energy prices and the prices...