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“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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19 May, 2026 9:47 pm
Can Bitcoin recover after recent sell off?
Bitcoin is once again under pressure after slipping below the key $80,000 level, as investors react …
19 May, 2026 9:20 pm
Markets Brace for Fresh Turmoil as Trump Renews Iran Strike Threat
President Donald Trump has reignited fears of a broader Middle East confrontation after warning that…
19 May, 2026 8:32 pm
OpenAI Lawsuit: What the Court Decision Means for ChatGPT, OpenAI’s Billion-Dollar Future?
A major legal battle surrounding artificial intelligence came to an abrupt end after Elon Musk lost …
19 May, 2026 7:26 pm
What’s Behind America’s Biggest Bitcoin ATM Giant’s Bankruptcy?
America’s Biggest Bitcoin ATM Giant Files Bankruptcy as Regulations Tighten and Crypto Users Abandon…
19 May, 2026 5:29 pm
Dollar Steady as Iran Peace Hopes Meet Inflation Storm
Key Takeaways Dollar holds firm: The DXY was mostly unchanged at 99.22 as investors weighed Iran-lin…
19 May, 2026 4:16 pm
Iran Sends Peace Proposal to U.S.: Tehran Demands Troop Withdrawal and Sanctions Relief as Trump Holds Strikes
Key Takeaways Iran’s full proposal: Tehran sent a plan to stop hostilities on all fronts, incl…
19 May, 2026 3:24 pm
Wall Street Futures Drift as Iran Peace Hopes Meet Nvidia Earnings Jitters: Home Depot Cheers, Google-Blackstone AI Deal Sparks
Key Takeaways Futures slip: Dow futures fell 84 points (-0.2%), S&P 500 futures dropped 0.4%, an…
19 May, 2026 2:16 pm
Oil Tumbles as Trump Pulls Back from Iran Strike: “Serious Negotiations” Underway as Russia Waiver Extended
Key Takeaways Crude falls: Brent oil futures fell 1.5% to $110.43 per barrel, while WTI dropped 1.1%…
19 May, 2026 1:24 pm
UK Job Market Weakens as Unemployment Climbs and Payrolls Shrink
Britain’s labor market showed fresh signs of strain in March, with unemployment rising unexpectedly …
19 May, 2026 12:42 pm
European Stocks Climb on Iran Peace Hopes: Trump Calls Off Strikes as Nvidia Earnings Loom
Key Takeaways Broad-based gains: The Stoxx 600 rose 0.3%, Germany’s DAX climbed 0.7%, France&#…
Market Analysis
July, 2020
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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