Euro Area Swings Into €27.2B Trade Deficit in January
(Eurostat) The international trade in goods balances was posted at a deficit of 27.2 billion euros in the euro area in January 2022, compared to a surplus of 10.7 billion…
(Eurostat) The international trade in goods balances was posted at a deficit of 27.2 billion euros in the euro area in January 2022, compared to a surplus of 10.7 billion…
(Sberbank) The Russian Central bank has granted Sberbank a license to become an official financial institution issuing and exchanging digital assets. Following the license, companies can use Sberbank’s platform to…
(GameStop) GameStop announced a net loss of $147.5 million in the fourth quarter of 2021, an increase from a net income of $80.5 million in the prior year. For FY21,…
(Coinbase) US crypto exchange Coinbase has announced the support for Solana’s SOL and the ecosystem tokens on its wallet. Coinbase said the addition of Solana tokens reflects an exponential growth…
(Census Bureau) US housing starts for privately-owned units rose by a monthly 6.8% to an annual rate of 1.769 million in February and were up 22.3% from the prior year.…
(WSJ) US average rate for a 30-year mortgage is 4.16%, the first time it has surpassed the 4% mark since May 2019. The rise in mortgage rate suggests that the…
Source: Philadelphia Fed The diffusion index, gauging the current general activity in the US Manufacturing was recorded at 27.4 in March, up 11 points and the highest since November last…
(Department of Labor) The US jobless claims were recorded at 214,000 in the week that ended March 12, a two-and-half-month low, after a decline of 15,000 from the previous week.…
(Eurostat) Annual inflation rate rose to 5.9% in February from 5.1% the previous month, beating expectations of 5.8%. The inflation was a significant jump from 0.9% a year ago. In…
(Bloomberg) Robinhood Markets Inc. has initiated a plan to allow users on the platform to loan out their stocks to other financial entities. Dubbed the Stock Loan Income Program or…
(Twitter) Ukrainian President Volodymyr Zelenskyy has signed into law a bill on virtual assets, making cryptocurrencies legal in the country. The legalization means that exchanges will operate legally in the…
(Fed) The US Federal Reserve has embarked on gradual policy tightening by hiking the interest rates by a quarter percentage point or 25 basis points. The benchmark rate will now…