Russia’s Producer Price Index Accelerates to 10.5% in June
Russia’s Producer Price Index (PPI) rose by 10.5% year-over-year in June 2023, accelerating from a revised 9.4% increase in May, according to data
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Pound Sterling Steadies as UK Inflation Cools but Oil Shock Rattles Markets
The British pound held its ground against the US dollar on Wednesday as a cooler-than-expected UK inflation print provided some relief, but a
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British Pound Steadies as Cooler UK CPI Meets Oil Shock
The British Pound held its ground against major peers on Wednesday, finding a fragile equilibrium as a softer-than-expected UK inflation print countered the
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Russia Industrial Output Beats Forecasts, Rises 0.6% in June
Russia’s industrial output rose 0.6% in June 2024, surpassing market expectations of a 0.1% increase, according to official data released this week. The
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US crude oil inventories rise 2.011M barrels, defying expectations of a draw
The U.S. Energy Information Administration (EIA) reported that crude oil inventories increased by 2.011 million barrels for the week ending July 17, significantly
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Tokenized Stock Volume Surges 170X as RWA Market Cap Growth Stalls
The transfer volume of tokenized stocks has surged by an extraordinary 170 times year-over-year, according to on-chain data, even as the total market
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Canadian Dollar Gains Ground as Oil Prices Rise and US Dollar Weakens
The Canadian dollar (CAD) found support on Tuesday, edging higher against its US counterpart as rising crude oil prices and a softer US
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New Zealand Dollar Slips as Risk Aversion Dampens Hawkish RBNZ Outlook
The New Zealand Dollar (NZD) weakened against major peers on Tuesday, as a broad shift toward risk aversion in global markets overshadowed the
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Standard Chartered: China’s Fiscal Execution Will Be Key to Growth Support
Standard Chartered has indicated that China’s fiscal execution, rather than policy announcements alone, will be the critical factor in supporting economic growth through
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Dollar/Yen Breaches 163 for First Time Since July 1986 as Yen Weakens Sharply
The U.S. dollar surged past the 163 yen level for the first time in nearly 38 years, marking a historic low for the