Natural gas prices gained ground after the release of the EIA report. The storage build fell short of analyst expectations, which may serve as an additional bullish catalyst for the…
Tag: Trading
Bitcoin ETF Pull in $257 Million in 4th Consecutive Days of Inflow
Bitcoin BTC Spot ETFs Holdings | May 16, 2024 | Source: SoSoValueGrayscale’s GBTC, which had recorded large net outflows on most days since its conversion in January, recorded a daily…
Italy: Tax Breaks, Investment Delays, Rising Debt-to-GDP Increase the Need for Fiscal Consolidation
Source: Scope RatingsSuperbonus: Fading Impact on Fiscal Deficits, but Increasing Negative Effects on Debt Levels The estimated EUR 135bn of needed fiscal consolidation is slightly higher than the cost of…
China Retail Sales Overshadow Industrial Production Boost Impacting the Hang Seng
Retail sales advanced by 2.3% year-on-year in April after increasing 3.1% in March. Economists expected retail sales to rise by 3.8%. Fixed asset investments were up 4.2% year-on-year, year-to-date, after…