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Category: Investments

Cryptocurrencies

Chipotle Makes a Huge Addition to its Menu

You’ll try it. Don’t be chicken. Chipotle (CMG) – Get Chipotle Mexican Grill, Inc. Report built its menu around stability. Sure, the chain has tried new meats and played with variations of its queso — Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

Stocks Fall as Peace Talks Fail, Inflation Rises

Stocks trades under pressure as peace talks between the Russian foreign minister and his Ukraine counterpart fail and after US CPI rises to 7.9%. US futures Dow futures -1% at 32950 S&P futures -1% at Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

ECB upgrade inflation forecasts significantly, downgrades GDP forecasts

ECB President Christine Lagarde said in the post meeting press conference, inflation has “continued to surprise on the upside because of unexpectedly high energy costs.”, and prices rises became “more broadly based”. GDP growth was Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

(ECB) Introductory Statement to the Press Conference

Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 10 March 2022 Good afternoon, the Vice-President and I welcome you to our press conference. The Russian invasion of Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

US initial jobless claims rose to 227k, above expectations

US initial jobless claims rose 11k to 227k in the week ending March 5, above expectation of 205k. Four-week moving average of initial claims rose 500 to 231k. Continuing claims rose 25k to 1494k in Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

Inflation Speeds To 40-Year High 7.9%, With Record Gas Prices Meaning More Pain To Come

February inflation was pegged at 7.9%, the highest since 1982, and is likely to rise even further thanks to record high gas prices and surging global crude. Updated at 8:45 am EST U.S. inflation accelerated Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

US CPI rose to 7.9% yoy in Feb, highest since 1982

US CPI rose 0.8% mom in February, matched expectations. Over the 12-month period, CPI accelerated from 7.5% yoy to 7.9% yoy, matched expectations. The 12-month increase is the largest since January 1982. CPI core rose Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

Peace Talks Break Down Between Russia and Ukraine

Latest peace talks fail, no progress on ceasefire Kuleba: Russia seeks surrender, Ukraine won’t surrender Lavrov: Ukraine seems to want to have meetings for the sake of meetings Sanctions on Russia pile up: UK freezes Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

Euro Rally Pauses as ECB Stays Pat

ECB maintains interest rates, reduces APP The ECB held its key interest rate at 0.00% at today’s meeting, as was expected. The central bank reduced purchases under the Asset Purchase Program (APP), which had been Read more…

By , 4 years ago March 10, 2022
Cryptocurrencies

ECB sets faster APP purchase wind-down schedule

ECB left interest rate unchanged as widely expected. Main refinancing, marginal lending facility and deposit rate are held at 0.00%, 0.25%, and -0.50% respectively. ECB added that “Any adjustments to the key ECB interest rates Read more…

By , 4 years ago March 10, 2022

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