US economy budget report released yesterday House. turned out to be significantly worse than market expectations. Not only was the expenses in April revised significantly (from + 0.9% MoM to…
Yesterday’s speech by the Federal Reserve chairman in the US parliament corresponds well with the last conference closing the FOMC meeting. The Fed president is fully aware that the central…
Yesterday, Eurostat presented May labor market data. The seasonally-adjusted unemployment rate in the euro area fell from 6.7% to 6.6% and thus fell (again) to the lowest level in the…
Avalanche strives to improve scalability without compromising speed and decentralization. Three blockchains constitute the basic platform: Exchange Chain (X-Chain), Contract Chain (C-Chain) and Platform Chain (P-Chain). X-Chain is used to…
Inflation continued to rise in JuneToday we will get the preliminary inflation estimate for June (10:00) and the PMI in manufacturing (9:00). We forecast that CPI inflation rose in June…
Yesterday, the markets’ attention was again more recession than inflation due to weak data on the condition of the US economy. Stock indices in Europe and the US recorded declines.…