Source: Federal Reserve Bank Philadelphia Manufacturing activity continued to expand in May, albeit at a slower pace, hitting a two-year low. QQQ is down 0.55%, while SPY is down 0.89%. The diffusion index for current activity declined by 15 points to 2.6 in May, as most firms indicated no changes in current activity while 20% saw declines.The new orders index climbed … [Read more...] about Manufacturing Activity Drops to Two-Year Low
Eurozone, EU Construction Production Growth Hit Three-Month Low in March
Source: Eurostat Construction production growth slowed in both the eurozone and European Union in March, hitting the lowest level in three months. EZU is down 0.43%, while VGK is down 0.74% premarket. Total construction production in the eurozone was flat in March, slower than the 1.1% in the previous month.Building production growth contracted by 0.1%, versus the 0.7% … [Read more...] about Eurozone, EU Construction Production Growth Hit Three-Month Low in March
Eurozone Current Account Swings to Deficit in March
Source: European Central Bank The eurozone posted a current account deficit in March, as credit declined while debit increased during the month. EZU is down 0.43%, and VGK is a flat premarket. The current account posted a €2-billion deficit in March, which compares with the €16-billion surplus in February and €27-billion surplus in March 2021.Current account credit fell … [Read more...] about Eurozone Current Account Swings to Deficit in March
THORChain Project and RUNEUSD Crypto Price Prediction
DISCLAIMER: This article presents no direct guidance on specific actions regarding your investment and personal funds management. We may recommend certain assets at a certain time, but you are responsible for your investment. THORChain blockchain project and RUNEUSD THORChain explained THORChain is a decentralized liquidity protocol built on top of the Cosmos … [Read more...] about THORChain Project and RUNEUSD Crypto Price Prediction
Genius Asset Review
Genius Asset comes with an auto-update system that allows users to get the latest features. The algorithm sets up easily as traders only need to attach it to the charts to start trading. The author states that currency trading is risky, and traders should only invest what they can afford to lose. Keep on reading to find out in detail about how this product works and its … [Read more...] about Genius Asset Review
