Bitcoin continues its downward trajectory, slipping below the $97,000 level on Thursday amid mounting selling pressure. The recent outflow of over $568 million from U.S. spot Bitcoin Exchange-Traded Funds (ETFs) underscores a waning demand for the...
The GBP/USD pair is trading in negative territory near 1.2400 on Thursday, struggling to regain momentum after the Bank of England (BoE) decided to cut its policy rate by 25 basis points (bps). Despite disappointing US economic data, which helped...
The main events by the morning: February 6 Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw...
Fresh data from the Japan Statistics Bureau revealed that the National Consumer Price Index (CPI) surged 3.6% year-over-year (YoY), accelerating from the previous 2.9% reading. Core consumer prices, which exclude volatile food prices, rose as...
Switzerland's manufacturing sector showed slight improvement in January, with the SVME Purchasing Managers' Index (PMI) edging up to 47.5 from 47.0, though it remained below market expectations of 49.0. The modest gain was dampened by declines in...
