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Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Fezoo (FEZ) has launched a pre-sale and offers a decentralized exchange platform aiming for high returns within the broader interest of the crypto market. The platform offers unique features such as user fund management, low fees, and a VIP program. The crypto ecosystem started with Bitcoin (BTC) with a single asset and underlying blockchain. It took a long time for developers to expand the possibilities of the crypto sector by introducing more tokens and blockchain protocols that give people…
Business activity in the euro area approached stability in March, with preliminary PMI® survey data showing only a slight decline in output of goods and services. The gradual recovery in service sector production gained momentum, and the rate of decline in manufacturing production slowed accordingly. However, continued production declines in France and Germany offset improvements in other parts of the euro area, pointing to an uneven economic picture.Encouragingly, the rate of decline in orders has slowed and business confidence for the year ahead has improved to a 13-month high. Supplier delivery times for product producers also continued to improve…
The inherent volatility of the cryptocurrency market has been fully manifested as Bitcoin (Bitcoin) and ether (Ethereum) fall, then recovered It could trade as much as 15% above Wednesday's low. BTC and ETH rose as much as 11% in the past 24 hours, leading the rise in major tokens. Solana’s SOL, Cardano’s ADA, and BNB Chain’s BNB rose by 8%, according to CoinGecko data. The CoinDesk 20 Index, a measure of the broader crypto market, recently gained 7.62%. According to data from CoinGecko, Layer 2 platforms, or blockchain tokens based on Ethereum, are the top sector with an average gain…
usa news by Richard Pollina issued March 21, 2024, 6:50 a.m. ET The co-founder of a failed cryptocurrency hedge fund that lost $3.5 billion in investors' cash grinned, seemingly showing no remorse for losing his money — and he remains on the run in an unknown location. is. Kyle Davis, co-founder of the bankrupt crypto hedge fund Three Arrows Capital (3AC), appeared on the Unchained podcast on Tuesday and said he believes investors are losing money because “every company goes bankrupt.” He insisted that he had no regrets. Kyle Davis is the co-founder of the bankrupt cryptocurrency hedge fund Three…
Today, March 21st, the Purchasing Managers Index's “preliminary” forecasts have been released. (PMI) Released in the UK and Eurozone. These datasets are being closely monitored for signs of recovery in key economic sectors such as manufacturing and services. These are original estimates for the month and are subject to revision.The euro zone economy moved closer to expansion in March, according to preliminary PMI survey data provided today by S&P Global. The seasonally adjusted HCOB Flash Eurozone Composite PMI Production Index rose from 49.2 in February to 49.9 in March, slightly above the FacSet consensus and very close to the contraction-to-expansion…
(Alliance News) – On Thursday, major European stock markets remained in positive territory for the day, but the initial momentum slowed following the release of preliminary Eurozone PMI figures. Accordingly, the FTSE Mib rose 0.3 per cent to 34,394.04, midcaps rose 0.7 per cent to 47,604.91, small caps rose 0.3 per cent to 27,613.83 and Italian Growth stocks rose 0.1 per cent to 8,173.32. .In Europe, Paris' CAC40 index is partially in the red, London's FTSE100 index is up 1.0%, and Frankfurt's DAX40 index is up 0.4%.In macroeconomic news, economic activity in the euro area remained largely stable, with preliminary…
Business activity across the eurozone showed early signs of stabilization in March, according to a high-profile survey released on Thursday. Latest H.C.O.B. The preliminary Eurozone Composite PMI Production Index was 49.9, the highest level in nine months, and improved from February's 49.2. It was only slightly below the neutral level of 50.0. A number below 50.0 indicates contraction, and a number above 50.0 indicates growth. Among these, the services PMI business activity index rose from 50.2 to 51.1, and the manufacturing PMI production index rose from 46.6 to 46.8. The survey also showed that business confidence for the coming year…
Image © Adobe ImagesThe picture is mixed for the eurozone economy in March this year, with manufacturing still in contractionary territory, although the region's services sector continues to recover.At the same time, regions such as Greece, Spain and Italy continue to outperform the economic powerhouses of Germany and France, highlighting the rise of two-speed economies.The euro area's services sector has entered further expansion mode, with March's PMI reading at 51.1, beating Farbrey's 50.2 and the consensus estimate of 50.5.Above: PMIs are consistent with a flattening of the eurozone economy and do not challenge market expectations for an ECB rate cut…
Although the rise in PMI is encouraging, we cannot yet expect a significant recovery in GDP growth in the first quarter. Still, momentum is building in the services sector, with PMI rising from 50.2 to 51.1. Business activity here is gradually recovering and businesses are becoming more optimistic about the outlook. Although the pace of decline in both production and new orders is slowing, new orders continue to decline, and the manufacturing industry continues to struggle. The ECB's interest rate outlook depends largely on how wage growth and services inflation develop. Services inflation has been rising month-on-month in recent months,…
Business activity in the euro zone stabilized in March, thanks largely to a “moderate recovery” in the services sector, a high-profile survey showed on Thursday.S&P Global's HCOB Flash Eurozone Purchasing Managers' Index (PMI) for March was 49.9, up from 49.2 in February. A number below 50 indicates shrinkage. The latest measurements hit just that threshold, the highest in nine months. “Business activity in the euro area approached stability in March,” the survey said, with “output of goods and services decreasing only slightly.” However, it said continued declines in production in the euro zone's two largest economies, Germany and France, are…