General

Peter Kazimir, a member of the European Central Bank’s governing council, said the eurozone economy is growing according to the path the European Central Bank expected in June, so policy makers still have room to wait for hard, more detailed data. Initially, it seemed that the Eurozone economy was recovering …

The Confederation of British Industries said that British retailers have cut the most jobs since the financial crisis and that it expects job losses to accelerate, adding to warning signs of an expected sharp rise in unemployment. Tuesday’s data also showed an unexpected drop in sales this month, which contrasts …

Britain’s inflation rate unexpectedly jumped last month, to its highest level since March, as clothing stores refrained from the usual summer cuts after reopening their doors following general isolation measures due to the Coronavirus, but most economists expect it to return soon. The Office for National Statistics said the annual …

CME Group’s advanced figures for Natural Gas futures markets noted open interest and volume went down by around 4.5K contracts and by around 57.3K contracts, respectively, on Tuesday, extending the downtrend seen in the last sessions. Natural Gas remains underpinned by the 200-day SMA Natural Gas prices seem to have moved …

Data showed unemployment in Turkey rose slightly between April and June to 12.9%, compared to 12.8% in the previous month, thanks to a ban on layoffs amid the Corona pandemic. Employment fell by 2.4 million year-on-year in the same period to 25.9 million, in conjunction with the almost complete halt …

Eurozone Sentix Investor Confidence rose to -13.4 in August, up from -18.3, above the expectation of -15.2. It’s also the fourth increase in a row and highest since February. The current Situation index rose to -41.3, up from -49.5, highest since March. Expectations, however, dropped slightly to 19.3, down from …

According to the COMEX, gold futures for October were traded at $ 2056.00/ounce, down 0.12%. It was previously traded lower at $2044.80/ounce. Gold may find support at $1963.50 and resistance at $2072.75. The dollar index, which measures the performance of the greenback against a basket of six other major currencies, …

Main indexes were set to open higher on Wall Street with Disney’s quarterly earnings report and a slate of upbeat results from healthcare companies. Pre-market shares of Walt Disney jumped 6.6% and were set to reach their highest level in two months. Better-than-expected corporate results and a surge in shares …

The US dollar fell on Monday after investors shunned the US dollar after doubts about the pace of economic recovery and betting that the Federal Reserve may signal another shift in its forecast this week. The US currency fell to a four-month low against the Japanese yen, a 22-month low …

Bitcoin is trading at $ 9543 and recovered above $ 9,500 after a short decline due to the bearish sentiment in the global markets. Bitcoin has a market value of $ 175.7 billion, which represents 61.4% of the total capitalization in the digital assets market. Over 82% of Bitcoin holders …