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Euro suffers pressure on Turkey contagion fears

Global shares fell on Friday as geopolitical concerns pushed the Turkish lira to a record low against the dollar and rattled investors.

The Dow Jones Industrial Average closed almost 200 points lower erasing its gains for the month of Read More →

U.S. Producer Prices Unexpectedly Flat In July

A report released by the Labor Department on Thursday showed producer prices unexpectedly came in unchanged in the month of July. The Labor Department said its producer price index was unchanged in July after rising by 0.3 percent in June.Read More →

U.S. Wholesale Inventories Unexpectedly Inch Up 0.1% In June

Wholesale inventories in the U.S. saw a slight increase in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after rising Read More →

Cryptocurrency Daily Roundup – Aug. 9

Bitcoin and its peers extended their downward trend Thursday morning, as market sentiment remained damped by the news that the US regulator postponed its decision on a Bitcoin ETF to next month. However, a prominent Bitcoin bull Dan Morehead, CEO Read More →

New Zealand July Retail Credit Card Spending Rises 0.7%

The value of retail credit card spending in New Zealand gained a seasonally adjusted 0.7 percent on month in July, Statistics New Zealand said on Friday.Original Article Read More →

Euro’s declines continue on ECB comments and ITaly

US Dollar index is testing resistance around 95.50 levels, a resistance area that has been capping the upside since June.

The euro is in decline following ECB comments that US tariffs and increased risk of further protectionism is likely Read More →

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