Generative Data Intelligence

Tag: Producer Price Index

Australian dollar soars as US unemployment claims jump – MarketPulse

AUD/USD soars after US jobless claims surprise Chinese CPI and PPI decline in May The Australian dollar is trading quietly on Friday, at 0.6713. There...

China equities bulls in need of fresh liquidity – MarketPulse

China’s benchmark stock indices have underperformed against the rest of the world. Weak macro data and geopolitical risk have reinforced the recent bout of...

Bitcoin, Ether fall to month lows; Polygon leads losers

Bitcoin prices slid on Friday morning in Asia to below US$27,000 amid concerns about shrinking liquidity and congestion on the network that are driving...

Bitcoin, Ether fall along with most cryptos; U.S. futures strengthen as inflation in April slowed

Bitcoin and Ether fell during Thursday afternoon trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polygon’s...

Bitcoin Price Dips Below $29,500, Here’s Why

After hitting an annual high of $30,975 last Friday, the Bitcoin price is under pressure today and has fallen below $29,500 for the first...

Weekly Market Wrap: Bitcoin tests upper US$30,000, Ether rises past US$2,000 after Shanghai upgrade

Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 9.87% in the week through April 14 to trade at US$30,688 at 9:15 p.m. on...

GBP/USD – Another strong week for the British pound, will US retail sales slip?

British pound has jumped close to 500 points over past five weeks UK economy grappling with high inflation, widespread strikes US retail sales expected to...

Bitcoin rises to near US$31,000, Ether leads gains across top 10 cryptos

Bitcoin continued its rally to near the US$31,000 mark in Friday afternoon trading in Asia. All other top 10 non-stablecoin cryptocurrencies also gained, led...

Bitcoin heads higher, Ether breaches US$2,000, U.S. equities rally on weak inflation readings

Bitcoin moved higher in the US$30,000 band in Friday morning trading in Asia amid strong gains among the top 10 non-stablecoin cryptocurrencies. Ethereum led...

GBP/USD – Pound climbs to highest level since June 2022

British pound extends rally UK growth was flat in February US Producer Price Index contracted in March GBP/USD has edged higher and is trading around the...

How does the economy work?

The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works can be challenging, but...

British pound sinks on banking sector fears

The British pound has taken a nasty tumble on Wednesday. In the North American session, GBP/USD is trading at 1.202, down 1.1% on...

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