Market Picture The cryptocurrency market went on to break previous peaks at the end of August, adding over 2.8% in 24 hours to reach 2.29 trillion, a high of almost two months. This rise confirmed the breakdown of the downtrend from the March peak after a higher local low in August. We foresee an easier […]
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Canada’s GDP grew 0.2% mom in July, above expectation of 0.1% mom. Services-producing industries grew 0.2% mom while goods- producing industries rose 0.1% mom. Overall, 13 of 20 sectors expanded in July. Advance information indicates Read more…
US personal income rose USD 50.5B or 0.2% mom in August, below expectation of 0.4% mom. Personal spending rose USD 47.2B or 0.2% mom, below expectation of 0.3% mom. PCE price index rose 0.1% mom, Read more…
The Federal Reserve’s preferred measure of inflation edged higher in August, data indicated Friday, but the overall readings show moderating pressures heading into the autumn months and added to bets on more Federal Reserve rate Read more…