[Aug 18 10:30 PM] Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows…
[Aug 17 10:30 PM] Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to…
[Oct 17, 2023 7:30 AM] Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum…
[Aug 15, 2023 7:15 AM] Bitcoin mostly consolidated on Tuesday, as traders anticipated the release of July’s retail sales data from the United States. Sales rose by 0.7%, better than the 0.4% expected, and this comes following a 0.2% increase in June. Ethereum also…
[Jul 19, 2023 6:32 AM] Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing…
[Jun 16, 2023 6:33 AM] Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent U.S. economic data. Yesterday saw retail sales climb higher than expected, rising by 0.3% in May, better than a projected decline of 0.1%. Ethereum moved closer to the…
[May 16, 2023 6:30 AM] Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum…
[Jan 25, 2023 12:30 PM] Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings…
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