(Crypto Briefing) Shiba Inu Token prices rose by almost 25% within hours after Coinbase listed it on its exchange. The listing allows investors to transact on Coinbase web exchange, with…
(ONS) Sales at UK retail stores were down by 0.9% in August 2021, after another fall of 2.8% in July. The sales were still 0.3% higher in the three months…
(Bloomberg) The People’s Bank of China injected 90 billion yuan or $14 billion on Friday in the banking system to address the funding crisis and the Evergrande debt problem. Fig:…
(Bloomberg) The Managing Director of the International Monetary Fund Kristalina Georgieva has denied claims she engineered the changes made to China’s “Doing Business” report of 2018. The allegations, raised by…
(Department of Labor) US jobless claims increased by 20,000 to reach 332,000 in the week that ended September 11 from the previous week. The claims were higher than the expected…
(Census Bureau) Retail and food services in the US in August was $618.7 billion, an uptick of 0.7% from July. The retail sales were 15.1% above August 2020. Fig: Retail…
(Fed Philadelphia) The current activity diffusion index for US manufacturing outlook was 19.4 in August, a decline of 3 points from June. The index marks a fourth consecutive month of…
(Bloomberg) Macau’s big companies in the gambling sector lost a record $18.4 billion of combined market value following China’s revision of gambling laws. The new regulations require more sector’s stake…
(CryptoPotato) AMC theatres will start accepting Ethereum, Litecoin, and Bitcoin Cash as payments, expanding options beyond Bitcoin. Litecoin reacted to AMC’s announcement, gaining 6% to reach $192, while Ethereum surged…
(ACEA) Europe’s passenger car market dropped 19.1% year-over-year in August to 622,993 units. Spain, Italy, Germany, and France dropped 28.9%, 27.3%, 23.0%, and 15.0%, respectively. Fig: New Passenger Car Registrations…
(Bloomberg) Cathie Wood’s Ark Invest added at least 236,000 shares of Robinhood on Tuesday, with an estimated value of $10 million. The fund unloaded 89,000 shares of Tesla valued at…
(Fed) Late-month shutdowns due to Hurricane Ida held back industrial production in the US, with the output increasing by 0.4% in August, down from a gain of 0.8% in July.…