Euro-Area Inflation Cools
In the eurozone, inflation continues to move along a downward trajectory, gradually approaching the European Central Bank’s target of 2%.
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German Inflation Falls
In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.
China’s Factory Activity Accelerates
In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.
Shopify and Pipe17 Form Partnership
Shopify and Pipe17 have announced a partnership.
Elon Musk Says xAI Buys X
Elon Musk’s company xAI, which operates in the artificial intelligence industry, has acquired the social media platform X owned by the same billionaire.
US Consumer Sentiment Worsens
In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.
UK Economy Starts to Emerge From Stagnation
The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]
China’s Industrial Profits Decrease
China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.
Copper Prices Demonstrate Significant Growth
Gold is not the only metal which prices have demonstrated record growth rates during a period of increasing geopolitical turbulence and intensification of fears related to the tightening of tariff confrontation between countries.
Donald Trump Announces New Auto Tariffs
President of the United States Donald Trump on Wednesday, March 26, announced a 25% tariff set, which will take effect on April 2 and will affect all cars shipped to the US.
UK Inflation Demonstrates Decline
Last month, inflation in the United Kingdom showed a moderate decrease to 2.8%.
Westpac to Enable Consumers to Block Accounts
Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.
World Network Reportedly Plans to Add Visa Card Functionality
The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.
China Urges Global Business to Resist Protectionism
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
China’s Property Market Reportedly Approaches to Stabilizing
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
