AUD/USD weakens to around 0.6245 in Monday’s early Asian session. Trump announced a 25% tariff on steel, aluminum imports. US Nonfarm Payrolls rose by 143,000 in January vs. 170,000 expected. The AUD/USD pair attracts some sellers to … [Continue reading]
Bean there, paying that: The rise of coffee prices
As a devoted coffee addict, I couldn’t help but notice that the price of my favorite espresso—or even a double espresso—has been creeping up over the past year. I've seen the same trend with my monthly coffee bean purchases. So, what’s going on with … [Continue reading]
China Consumer Price Index (MoM) below expectations (0.8%) in January: Actual (0.7%)
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to … [Continue reading]
China Consumer Price Index (YoY) above expectations (0.4%) in January: Actual (0.5%)
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to … [Continue reading]
China Producer Price Index (YoY) came in at -2.3% below forecasts (-2.1%) in January
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to … [Continue reading]
XRP sees gains ahead of Depository Receipts launch, Brad Garlinghouse set to join White House crypto council
XRP saw brief gains above 4% following reports of the launch of XRP Depository Receipts. The receipts function similarly to an ETF, providing investors access to XRP's price without holding the asset. Ripple CEO Brad Garlinghouse is among … [Continue reading]
XRP could rally ahead of Depository Receipts launch; Brad Garlinghouse set to join White House crypto council
XRP saw brief gains above 4% following reports of the launch of XRP Depository Receipts. The receipts function similarly to an ETF, providing investors access to XRP's price without holding the asset. Ripple CEO Brad Garlinghouse is among … [Continue reading]
Ethereum Price Forecast: ETH could hit $1,200 as Trump announces plans for reciprocal tariffs next week
Ethereum price today: $2,590 Ethereum bears lead the market as President Trump announces plans for reciprocal tariffs on several countries next week. ETH's decline mirrors that of the S&P 500, underscoring crypto's rising correlation with the US … [Continue reading]
Colombia Consumer Price Index (MoM) registered at 0.94% above expectations (0.82%) in January
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to … [Continue reading]
Colombia Consumer Price Index (YoY) came in at 5.22%, above expectations (5.11%) in January
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to … [Continue reading]