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Monthly archive April, 2018

European Economics Preview: Eurozone Flash Composite PMI Data Due

Flash Purchasing Managers' survey data from euro area is due on Monday, headlining a light day for the European economic news. At 3.00 am ET, IHS Markit is set to issue France's composite PMI report. The composite index is expected Read More →

Fujitsu To Demonstrate ‘Next Gen Blockchain’ IOTA At Hannover Messe Trade Fair

Fujitsu, the Japanese information technology conglomerate, is set to introduce IOTA, which it calls the next generation distributed ledger technology or blockchain, at the Hannover Messe trade fair in Germany this month. The trade fair, Germany's biggest, is set to Read More →

Cryptocurrency Daily Roundup – Apr. 20

Cryptocurrencies kept rising Friday morning, extending the upward trend witnessed for most of the week. Recent data revealed that more money was made through initial coin offerings in the first quarter of this year than in the whole of last Read More →

Crypto Weekly – Apr. 20

Bitcoin and altcoins remained trending upwards for most part of this week, save for occasional whale sightings that caused brief periods of sharp declines. The most remarkable was a drop of over $200 in the Bitcoin price in under 30 Read More →

Philly Fed Index Unexpectedly Indicates Faster Growth In April

Philadelphia-area manufacturing activity unexpectedly saw a modestly faster rate of growth in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general Read More →

Pound slips as rate hike hopes ease

The British pound slipped near a two-week low against the dollar on Friday after comments from the Bank of England chief and weak U.K. retail sales data, with the yen easing as risk sentiment was recovering.

Concerns over issues Read More →