Source: US Department of Labor Unemployment claims in the United States declined for the second straight week to the lowest level in 52 years. DXY is up 0.24%, while Gold is up 0.24%. Initial claims for the week ending March 19 fell by 28,000 to 187,000 from the previous week’s upward revised 215,000.the latest reading is the lowest for initial claims since the level … [Read more...] about US Jobless Claims Plunge to 52-Year Low
UK Private Sector Production Drops in March
Source: Markit Economics The United Kingdom’s business output slipped in March, as prices charged grew by a record high while optimism fell to the lowest level in 17 months. EWU is up 0.48%. The Flash UK PMI Composite Output Index stood at 59.7, lower than February’s eight-month high of 59.9.The services indicator climbed to a nine-month high of 61.0 from 60.5 the … [Read more...] about UK Private Sector Production Drops in March
Eurozone Business Output Slips to Two-Month Low
Source: Markit Economics The eurozone business output slowed to a two-month low in March, dragged by the ongoing conflict between Russia and Ukraine. EZU and VGK are both down 0.02% premarket. The headline S&P Global Eurozone PMI fell to 54.5 from 55.5, indicating a loss of economic momentum from the five-month high in the previous month.Firms recorded resurgent … [Read more...] about Eurozone Business Output Slips to Two-Month Low
Why Avalanche Coin (AVAXUSD) Could Be Marching to $100
AVAX coin up 60%Terra stablecoin capability impactAVAX blockchain increased use Bounce back is the central theme in the cryptocurrency market. High risk-reward opportunities are increasingly cropping up as highly battered tokens bounce back amid improving sentiments. AVAX is one of the coins eliciting strong interest after breaking out of a descending channel. AVAX … [Read more...] about Why Avalanche Coin (AVAXUSD) Could Be Marching to $100
Crypto Trading vs. Mining – What to Choose
Technologies have created a slew of new ways for people to profit from cryptocurrency. Each person will have their own preferences when it comes to earning money. Many people must choose between mining and trading to optimize profits. Regardless of how much money you plan to invest in cryptocurrencies, you'll have to answer this question. After you've examined … [Read more...] about Crypto Trading vs. Mining – What to Choose