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Monthly archive July, 2018

Cryptocurrency Daily Roundup – Jul. 5

Cryptocurrencies are trending downwards Thursday morning after Bitcoin, the leading one, lost ground as it chased $7,000. Overall cryptocurrency market capitalization was $271.26 billion as of 10.17 am ET on CoinMarketCap.Original Article Read More →

European Economics Preview: Eurozone Retail Sales Data Due

Retail sales and producer prices from euro area are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, retail sales and foreign trade from Hungary and consumer and producer prices from Turkey are Read More →

Eurozone Retail Sales Remain Unchanged In May

Eurozone retail sales remained unchanged in May as rising consumer prices curb consumer spending, official data revealed Tuesday. The increase in food sales was offset by a decline in non-food products turnover, Eurostat reported. Overall sales were expected to gain Read More →

U.S. Factory Orders Unexpectedly Rebound In May

New orders for U.S. manufactured goods unexpectedly rebounded in the month of May, according to a report released by the Commerce Department on Tuesday. The Commerce Department said factory orders climbed by 0.4 percent in May after falling by a Read More →

Day 1 for US/China tariffs and NFP set to dominate market sentiment on Friday; GBP eyes Brext meeting today

US dollar index is holding to recent levels awaiting for more direction ahead of Nonfarm payrolls data from the US later this afternoon. Much of the majors also look numb ahead of US/China tariffs set to come into effect on Read More →

Cryptocurrency Daily Roundup – Jul. 3

Bitcoin and its peers failed to sustain the strong upward momentum witnessed at the start of the week and are now in the red. Overall cryptocurrency market capitalization was $269.19 billion on CoinMarketCap as of 10.15 am ET on Tuesday.Read More →