29 May

Business lobby sees 2% hit on Italy's GDP if Russia stops gas

Business Lobby Sees 2% Hit On Italy's GDP If Russia Stops Gas

. Duomo's cathedral and Porta Nuova's financial district are seen in Milan, Italy, May 16, 2018. /Stefano RellandiniMILAN Italy's business lobby Confindustria forecasts an almost 2% hit on the country's gross domestic product (GDP) on average per year in 2022 and 2023 in case of a stop of natural gas imports from Russia in June, it said in a research note. "A

29 May

Solana: Negative Investor Sentiment Continues Rising

Solana: Negative Investor Sentiment Continues Rising

Solana: Negative Investor Sentiment Continues RisingBearish sentiment is starting to build amongst Solana (SOL) investors.The co-founder of Ethereum shared that he has a negative outlook on the network.Solana’s team announced on May 28 that the blockchain clock was running 30 minutes behind the clock.Bearish sentiment is starting to build amongst Solana (SOL) investors as the network slows down.

29 May

Cardano Price Drops by 85% From Its All-Time High, Similar to BTC

Cardano Price Drops By 85% From Its All-Time High, Similar To BTC

Cardano Price Drops by 85% From Its All-Time High, Similar to BTCADA has followed the same pattern as BTC in its early stages, dropping 85% from its all-time high after its launch.Some in the crypto community believe that ADA will continue to simulate the price pattern seen in Bitcoin in the early stages of its existence.Both Cardano and Bitcoin serve different purposes in the crypto space.The old

29 May

Can Sanzooz Finance (SZFT) Surpass Algorand (ALGO) and Dash (DASH) and Become a Crypto Top Dog?

Can Sanzooz Finance (SZFT) Surpass Algorand (ALGO) And Dash (DASH) And Become A Crypto Top Dog?

Can Sanzooz Finance (SZFT) Surpass Algorand (ALGO) and Dash (DASH) and Become a Crypto Top Dog?Sanzooz Finance (SZFT) is a new cryptocurrency token that facilitates the trade of artificial assets on a blockchain network using smart contracts.Meanwhile, Algorand (ALGO) and Dash (DASH) have remained among the safest investments as 2022 progresses and might provide enormous gains as more projects see

29 May

Taiwanese Ends His Life After Losing $2 Million Luna Investment

Taiwanese Ends His Life After Losing $2 Million Luna Investment

Taiwanese Ends His Life After Losing $2 Million Luna InvestmentA man jumps off his high-rise building after telling his family and friends that he lost $2 million due to LUNA’s crash.The case is still under investigation as there was no suicide note or signs left.The Terra crash resulted in a loss of $40 billion in market cap.At approximately 2 a.m. on Tuesday (May 24), a member of the public re

29 May

Hong Kong home prices reverse 3-month drop to climb 0.5% in April

Hong Kong Home Prices Reverse 3-month Drop To Climb 0.5% In April

2/2Reuters. A general view of Two International Finance Centre (IFC), HSBC headquarters and Bank of China in Hong Kong, China July 13, 2021. /Tyrone Siu/2/2HONG KONG Hong Kong private home prices reversed a three-month decline in April, the latest official data showed on Friday, as the financial hub stabilised after COVID-related woes and homebuyer sentiment was boos

29 May

Spain retail sales rise 1.5% y/y in April

Spain Retail Sales Rise 1.5% Y/y In April

. A shopper holds several bags after coming out of a clothing store in central Madrid, Spain, April 28, 2022. /Susana VeraSpanish retail sales rose 1.5% in April from a year earlier on a seasonally and calendar-adjusted basis, after falling 4.1% in March, the National Statistics Institute (INE) said on Friday. The growth compared with a 1.9% contraction expected by econom

29 May

U.S. economy kicks off second quarter on strong note; rise in inflation slowing

U.S. Economy Kicks Off Second Quarter On Strong Note; Rise In Inflation Slowing

2/2Reuters. A person shops in a supermarket in Manhattan, New York City, U.S., March 28, 2022. /Andrew Kelly2/2By Lucia Mutikani WASHINGTON U.S. consumer spending rose more than expected in April as households boosted purchases of goods and services, and the increase in inflation slowed, which could underpin economic growth in the second quarter amid rising fears of

29 May

New Record Highs for Shiba Inu Buying Pressure

New Record Highs For Shiba Inu Buying Pressure

. New Record Highs for Shiba Inu Buying PressureYesterday, Shiba Inu trading volume hit and passed the 70% mark for the first time in two months.Shiba Inu was affected severely during the market crash a few weeks ago.Shiba Inu trading volume is now down by 40.98% in the last 24h.A huge drop of more than 30% occurred in Shiba Inu around two weeks ago at the same time as Bitcoin plummeted bel

29 May

Stock rally fanned by hopes of Fed 'past peak hawkishness'

Stock Rally Fanned By Hopes Of Fed 'past Peak Hawkishness'

. A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. /Carlo AllegriBy David Randall NEW YORK -Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Home sales have fallen for a thi

29 May

Russia will continue to service external debt in roubles, minister says

Russia Will Continue To Service External Debt In Roubles, Minister Says

. A Russian rouble banknote is seen placed on U.S. dollar banknotes in this illustration taken March 1, 2022. /Dado Ruvic/IllustrationRussia will keep on paying its state Eurobond obligations in roubles and will defend its role as a reliable borrower by all possible means, Finance Minister Anton Siluanov said on Friday. The finance ministry said on Wednesday t

29 May

Rouble extends losses after rates slashed; Eurobonds in focus

Rouble Extends Losses After Rates Slashed; Eurobonds In Focus

. A picture illustration shows Russian rouble banknotes of various denominations on a table in Warsaw, Poland, January 22, 2016. /Kacper Pempel/File Photo -The Russian rouble extended its losses on Friday after plunging in the previous session as the country's central bank slashed interest rates, signalling more cuts, and the prospect of easing capital controls a