The gloom of old altcoins
Market picture The cryptocurrency market increased modestly by 0.35% in 24 hours to $2.53 trillion.
Fed’s Williams: Expect inflation at 2.5% this year, closer to 2% next year
Federal Reserve (Fed) Bank of New York President John Williams noted on Thursday that, while
Fed’s Bostic: Rate hike shouldn’t be required to reach 2% inflation goal
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Thursday during an interview
Fed’s Goolsbee: Job market remains the strongest part of the economy
President of the Federal Reserve (Fed) Bank of Chicago Austan Goolsbee noted on Thursday that
China’s NBS Manufacturing PMI unexpectedly contracts to 49.5 in May vs. 50.5 expected
China’s official Manufacturing Purchasing Managers’ Index (PMI) dropped from 50.4 in April to 49.5 In
Forex Today: Inflation data from Eurozone and US to ramp up market volatility
Here is what you need to know on Friday, May 31: Following the choppy action
German Retail Sales decline 0.6% YoY in April vs. 0.3% previous
Germany’s Retail Sales dropped by 1.2% MoM in April, having reported a 1.8% jump in March, the
Australian Dollar consolidates as traders exercise caution ahead of US Core PCE
The Australian Dollar held ground despite softer China’s PMI data released on Friday. The AUD
EUR/USD remains subdued above 1.0800 ahead of Eurozone, US inflation data
EUR/USD holds the 1.0800 support with a focus on inflation readings on both sides of
Pound Sterling declines as traders turn cautious ahead of US core PCE Inflation
The Pound Sterling is down against the US Dollar ahead of the US core PCE inflation