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The crypto market tumbled 2% amid confusing comments by Scott Bessent and hotter-than-expected US Producer Price Index data ...
South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. Indicators. JSE.
The Centre announced that a nationwide survey will be done to update the country’s Wholesale Price Index (WPI), introduce a Producer Price Index (PPI), and revise the Index of Industrial Production ...
Crypto Today: Bitcoin, Ethereum, XRP offer signs of bullish reversal despite renewed inflation fears
“Following the PPI release, Bitcoin fell more than 2% and Ethereum also declined, as traders reacted to the prospect of sticky inflation potentially complicating the Federal Reserve’s policy path.
The FTSE 100 hit 9,200 as mining stocks took up the baton and ran on Friday morning following a third straight record close on Wall Street. Glencore, Antofagasta and Anglo American all rose 2-3 per ...
The Dow on Friday was on pace to hit its first record high of the year, reflecting steady optimism on Wall Street despite signs of underlying turbulence in the economy. Stock futures were mixed Friday ...
The lonely camp that the Federal Reserve won't cut interest rates at all in September got cheered by the news that producer ...
Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.
XRP holds the $3 support following yesterday’s sell spike and could reclaim the $3.3 resistance zone if bullish bias returns.
Detailed specs of the Google Pixel 10 Pro Fold have just been revealed. Some of these details may surprise you.
The context is that a September cut of 0.25% is still the favored expectation among investors. The CME Fed Funds futures market is still showing a 90%-plus chance of a 0.25% cut. And stock investors ...
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
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