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Ukrainians buy record sums of crypto on Binance after Russian invasion Ukrainian citizens are buying record sums of Bitcoin to protect their holdings as they hold off an attack from Russia. An Arcane Research report showed Ukrainians were using crypto exchange Binance to buy stablecoin Tether and Bitcoin with the hryvnia. (One Ukrainian hryvnia currently […]
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WPI inflation hits five-month high of 12.54% in October India’s wholesale inflation accelerated to a five-month high at 12.54% in October 2021. The wholesale price index (WPI) grew 10.66% in September and 1.31% in October 2020. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic metals, food […]
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1. U.S. Futures Drop After Tech Slide; Pound Slumps U.S. stock futures turned lower with European equities as investors assessed a dimmer outlook for fiscal stimulus and for any tech-stock rebound after Wednesday’s tumble. Nasdaq 100 contracts signalled the gauge may fall further after its biggest drop in a month on news that Facebook was […]
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1. Stock Rally Pauses as European Cyclicals Retreat European stocks dipped and U.S. futures were mixed as sobering economic data deflated a spirited rally in global risk assets. Bitcoin tumbled 8%. Cyclical companies including banks and energy firms that had led the post-vaccine surge retreated while more defensive tech shares gained. That was mirrored by […]

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