MANA’s network activity could bring forth a shorting opportunity here

Every once in a while, cryptocurrencies go through a phase where volumes contract and prices are restricted within a narrow range. Well, MANA has been stuck in this phase since June. As a...

China unexpectedly cuts key rates as economic data disappoints

China's central bank cut key lending rates in a surprise move on Monday to revive demand. Data showed the economy unexpectedly slowing in July, with factory and retail activity squeezed by...

China’s economy slows unexpectedly as Covid outbreaks and property crisis bite

July’s industrial output grew 3.8% from a year earlier, slightly down from 3.9% in June. Factory and retail activity squeezed by zero-Covid policy and a property crisis. Central bank surprised...

China unexpectedly cuts key rates as economic data disappoints

China's central bank cut key lending rates in a surprise move on Monday to revive demand. Data showed the economy unexpectedly slowing in July, with factory and retail activity squeezed by...

China’s economy slows unexpectedly as Covid outbreaks and property crisis bite

July’s industrial output grew 3.8% from a year earlier, slightly down from 3.9% in June. Factory and retail activity squeezed by zero-Covid policy and a property crisis. Central bank surprised...

China's retail, factory sectors unexpectedly slow in July

BEIJING - China's economy unexpectedly slowed in July, with activity indicators from industrial output to retail sales missing forecasts by large margins, pointing to a shaky recovery as Beijing...

BoE to deliver another bumper 50 bps lift in Sept as prices soar: Reuters poll

By Jonathan Cable LONDON - The Bank of England will deliver another bumper 50 basis points (bps) increase to borrowing costs next month but then slow the pace to a more regular 25 basis point...

Putin’s war sets Russian economy back 4 years in single quarter

Russia's economy is on track for one of the longest downturns on record. President Vladimir Putin’s invasion of Ukraine set Russia back four years in the first full quarter after the attack. The...

Crypto markets bounced and sentiment improved, but retail has yet to FOMO

An ascending triangle formation has driven the total crypto market capitalization toward the $1.2 trillion level. The issue with this seven-week-long setup is the diminishing volatility, which...

Key Ukrainian adviser says new, $5 billion IMF loan would reassure other creditors

By Andrea Shalal KYIV - Securing a new $5 billion loan from the IMF would help assure Ukraine's other creditors that the war-torn country's macroeconomic situation was under control, President...

Russian GDP drops 4% in Q2 -- 1st full quarter of fighting

MOSCOW (AP) — Russia’s gross domestic product contracted 4% in the second quarter of this year, the first full quarter since Russia sent troops into Ukraine, the state statistical service said...

UK economy shrinks by 0.1% in second quarter as recession looms

ONS says two bank holidays to mark Queen’s jubilee contributed to fall in output in JuneBusiness live updates: UK economy shrank in second quarterBritain’s recovery from the pandemic stalled in...

UK economy shrinks in 2nd quarter, sharpening recession fear

LONDON (AP) — The United Kingdom's economy shrank in the three months to June, figures released Friday showed — a smaller-than-expected contraction that nevertheless added to jitters about the...

Rhine River At Kaub Set To Fall Below Critical Mark As IEA Warns Of Prolonged Crisis

Rhine River At Kaub Set To Fall Below Critical Mark As IEA Warns Of Prolonged Crisis Water levels on the Rhine River are set to drop below a critically low point by the end of this...

UK economy contracts 0.6% in June and 0.1% in Q2

LONDON - Britain's economy contracted by 0.6% in monthly terms during June, and by 0.1% between April and June, official data showed on Friday. A Reuters poll had pointed to a 1.3% contraction in...

U.K. economy contracts in the second quarter as cost-of-living crisis bites

Gross domestic product shrank by 0.1% in the second quarter of the year. It was less than the 0.3% contraction expected by analysts. Last week, the Bank of England said it expects the U.K. to...

U.K. economy contracts in the second quarter as cost-of-living crisis bites

Gross domestic product shrank by 0.1% quarter on quarter in the second three months of the year. That's less than the 0.3% contraction expected by analysts. "U.K. growth is stagnating as the...

The war in Ukraine has likely sent Russia's economy back to 2018 — but it's still a smaller contraction than experts...

Russia's GDP likely fell 4.7% in the second quarter of 2022, per Bloomberg. It was the first full quarter since the invasion of Ukraine.

Putin’s War Hurls His Economy Back Four Years in One Quarter

Putin's invasion of Ukraine set Russia's economy back four years in the first full quarter after the attack. In a bleak tally of the war for Russia, an economy that was picking up speed at the...

Energy reps against spending and climate bill during recession

With the House of Representatives set to pass Democrats' social spending, tax and climate bill Friday, energy industry officials are ringing alarm bills that it will handicap their industry at the...

Putin’s war hurls Russian economy back 4 years in one quarter

In a bleak tally of the war for Russia, an economy that was picking up speed at the start of 2022 swung into a contraction during the second quarter.

Ukraine's creditors agree to two-year payment freeze on almost $20 billion in international bonds

By Jorgelina do Rosario, Rodrigo Campos and Karin Strohecker LONDON/NEW YORK -Ukraine's overseas creditors have backed its request for a two-year freeze on payments on almost $20 billion in...

Avalanche, Akita Inu, & Carlossy Caterpillar: 3 Coins That Could Reverse the Effects of Crypto Winter!

Entering a period of turmoil for new investors, the cryptocurrency markets are experiencing a decrease in value and trading volumes with the bear market rally. Experienced crypto enthusiasts point...

Can Solana Be Matched? All Eyes Are on Privatixy Token and Waves

Investors’ views on the contraction in the markets usually mimic those who write long posts on Reddit crypto platforms. Expert investors and analysts both emphasize that although there is a...

Gold Steady as U.S. CPI Looms, Copper hit by Weak Chinese Inflation

By Ambar Warrick Investing.com-- Gold prices were steady on Wednesday as safe haven demand rose ahead of key U.S. inflation data, while copper prices plummeted after weak Chinese factory inflation...

Chinese CPI Inflation Rises, But Misses Expectations on Lockdown Woes

By Ambar Warrick Investing.com-- Chinese consumer and producer price indicators for July came in below expectations on Wednesday, indicating that the world’s second-largest economy was still...

China's July PPI +4.2% y/y, CPI +2.7% y/y

BEIJING - China's factory-gate inflation eased to its lowest since February 2021, as raw material prices fell due to already slower construction activity, while consumer prices rose gently,...

Oil Extends Losses on Fears of Rising U.S. Inventories, CPI Jitters

By Ambar Warrick Investing.com-- Oil prices fell on Wednesday, extending overnight losses after industry data showed U.S. crude stockpiles grew more than expected in the past week. Investors were...

Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

The aggregate total value locked in the crypto market measures the amount of funds deposited in smart contracts and this figure declined from $160 billion in mid-April to the current $70 billion,...

The Most Stable REIT to Buy for a Recession

Economists believe that the economy has already entered a recession after two consecutive quarters of economic contraction. Therefore, one could consider investing in a stable REIT like Alliance...

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