Fear is driving the Crude oil market again. The decline in global stocks is making the ‘black gold’ market more vulnerable. The US dollar retreated as consumer price inflation slowed from 4.2% to 3.5% and core inflation fell from 2.8% to 2.6% in June. The chances of a Fed rate hike in July have fallen […]
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Eurozone industrial production unexpectedly declined in May, falling -0.2% month-on-month after rising 0.3% in April and confounding expectations for a 0.3% increase. The weaker-than-expected reading suggests the region’s manufacturing recovery remains uneven, with strength in Read more…
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Market Overview The crypto market capitalisation rose by 3.5% to $2.22T, reaching a three-week high, following the release on Tuesday of weak US inflation data, which showed inflation slowing at its fastest rate in the Read more…