Eurozone June final manufacturing PMI 52.1 vs 52.0 prelim
The headline reading is a 22-month low but the more standout detail is that manufacturing output actually contracted for the first time since the early days of the pandemic and…
AUD/USD drops below 0.6800 to lowest since June 2020
Aussie and kiwi technicals begin to crack again There’s no love for the aussie as it breaks down to its lowest levels this year against the dollar. The fall below…
S&P Global final June US manufacturing index 52.7 vs 52.4 prelim
Prelim 52.4 Prior 57.0 First drop in new orders in over two years Inflation pressures remained historically elevated, but increases in input costs and output charges eased to three-month lows Chris…
Demand for SIBUR bonds exceeded supply by more than five times
Moscow. July 1. INTERFAX.RU – Demand for bonds of JSC „SIBUR Holding” series 001R-01 in the amount of 15 billion rubles and a maturity of 3.5 years more than five times exceeded…
Shipment of Russian grain and good weather reduced fears of a crisis in the wheat market
Russia continues to export grain despite the blockade of Ukrainian ports and control of agricultural areas Good weather and the flow of Russian ships with grain in the Black Sea…
Housing Market 2q22: low loan availability has frozen the market!
The large drop in demand for a housing loan is a textbook reaction of the market to a series of sharp increases in interest rates that began in October’21 and…
The American consumer is out of breath – a report on the budget of the American economy. House. worse than expected
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…
Powell is fully aware of the limits to the effective operation of the Fed
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…
The unemployment rate in the euro area breaks new records. Money market and debt market
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…
Cryptocurrency Market (DeFi) Guide: What is Avalanche (AVAX)? Action, AVAX Token, Configuration
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…