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Latest data reveals global economic downturn, building stronger case for Bitcoin
Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers’ Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors. дальше »
2024-10-3 14:15 | |
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Eurozone manufacturing activity slumps while Asia thrives in June, PMI data shows
Manufacturing activity in Europe saw a notable decline in June, with demand falling at an accelerated rate despite price cuts by factories, according to a recent survey. The Hamburg Commercial Bank’s Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 45. дальше »
2024-7-1 16:07 | |
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Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders
Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away. дальше »
2024-5-26 17:45 | |
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What’s Next For Bitcoin And Crypto: Guide To September’s Key Events
The Bitcoin and crypto market is starting into a very quiet week today in terms of upcoming events. Both crypto related events as well as notable macro data are very scarce this week. The most important macro data are the ISM Services PMI (on Wednesday 10:00 am EST) and the initial jobless claims (on Thursday […] дальше »
2023-9-4 13:55 | |
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Bitcoin Eyes Another Attempt at $12K amid Global PMI Releases
Bitcoin is looking to retest $12,000 in the coming daily sessions as investors await the release of crucial purchasing managers’ economic indicators. Dubbed as PMI, which stands for Purchasing Manager’s Index, the index studies the prevailing direction of the economic trends in services and manufacturing sectors. дальше »
2020-8-21 11:05 | |
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Gold Price Rips Lower After Massive Selloff as Dollar Spikes, Dow Hovers Near All-Time High
Gold plunged 1. 5% on Tuesday as risk-off assets suffered. U. S. services PMI improved more than expected in October, according to the Institute for Supply Management. U. S. dollar hits three-week high against a basket of currencies. дальше »
2019-11-6 19:30 | |
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Dow Futures Jump Thanks to China Data But There’s Danger Ahead
Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country. дальше »
2019-11-4 13:42 | |
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U.S. Economy Recession Alert: Private Jobs Data Shows Hiring Slowdown
It is widely believed that the U. S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden. дальше »
2019-10-2 21:48 | |
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U.S. Manufacturing Data Shows Recession Is Almost Here
The calls for a recession in the U. S. are getting stronger by the day, and the latest manufacturing data for the month of September is more fodder for the doomsayers. According to the latest Institute for Supply Management (ISM) PMI report, September manufacturing activity in the U. дальше »
2019-10-2 20:07 | |
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Learn project management the right way with this $99 RedVector instruction
Certification from a trusted and respected provider, like the Project Management Institute (PMI). RedVector offers a host of training courses, all keyed to helping you secure that elite PMI validation of your abilities. дальше »
2018-12-30 17:00 | |
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