The Fed doves hit a wall yesterday after US PPI data came in far hotter than analysts pencilled in, raising doubts that consumer prices will remain immune to tariff effects and that the Federal Reserve (Fed) can fully deliver the cuts the government wants. Headline PPI jumped from 2.4% to 3.3% (vs. 2.5% expected) while […]
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Market Overview The crypto market capitalisation has risen by 0.75% over the past 24 hours, reaching $2.69 trillion. The top three performers are Zcash (+29%), Toncoin (+23%) and Filecoin (+16%). The underperformers are Ethereum (−0.4%), Read more…
Eurozone private sector activity slipped back into contraction in April, with the Services PMI finalized at 47.6, down sharply from 50.2 in March and marking a 62-month low. Composite PMI fell from 50.7 to 48.8, Read more…
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