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The Latest Breaking News from Craig Erlam

The Fed Remains Prepared to Raise Rates Further If Needed, Powell Says

The central bank remains committed to reaching its 2% inflation target.

Kiplinger

Stock Market Today: Stocks Drop on Troubling China Data, Bank Ratings Worries

The main benchmarks fell Tuesday, but healthcare stocks outperformed as Eli Lilly and Novo Nordisk surged.

Kiplinger

UK appears increasingly distant from global peers on price rises as Eurozone inflation falls to 5.1% in June

Inflation in the UK was 8.7% in May, the last month for which data has been published

Evening Standard

From analysis to the latest developments in health,
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UK central bank may hike rates after big jump in food prices

A shortage of fresh vegetables last month may force the Bank of England to approve an 11th consecutive interest rate increase Thursday

The Independent UK

Bitcoin, Ethereum, Dogecoin Start Week On Firm Note: Analyst Says 'Time For Risk-On, Time For BTC'

Bitcoin traded higher intraday on Monday evening as the global cryptocurrency market cap rose 1.9% to $938.8 billion at 8:58 p.m. EDT.

Benzinga

Dogecoin Outstrips Bitcoin, Ethereum — Analyst Says 'Relief Rally In Q4 is On The Horizon' For This Major Coin

Cryptocurrencies were seen spiking on Tuesday evening as the global cryptocurrency market cap rose 2.7% to $970 billion at 8:17 p.m. EDT.

Benzinga

Pound retreats again and FTSE tumbles after IMF’s stinging criticism of UK plans

Sterling fell back to 1.06 US dollars, having recovered to 1.08 US dollars on Tuesday after Monday’s bloodbath saw it reach an all-time low.

The Independent UK

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Bitcoin, Ethereum, Dogecoin Spike Amid Risk Rally: Why A Red September Could Present 'Great Buying Opportunity' For Investors

Bitcoin and Ethereum rose Wednesday evening as the global cryptocurrency market cap increased 2.95% to $974.2 billion at 8.11 p.m. EDT.

Benzinga

Global stocks rise as Europe wrestles with gas shortages

Global stock markets and Wall Street futures are higher as Liz Truss prepares to become British prime minister and Europe wrestles with gas shortages

The Independent UK

Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bearish sentiment kept major coins lower on Monday evening as the global cryptocurrency market cap declined 1.05% to $1.15 trillion at press time.

Benzinga

Bitcoin, Ethereum, Dogecoin Unfazed By Upcoming Rate Hike: Why This Analyst Is Waiting For A 'Big Short Squeeze'

Major coins, including Bitcoin, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion.

Benzinga

Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Benzinga

Bitcoin, Ethereum, Dogecoin Buoyant After Fed Rate Hike: Are Cryptos Catching Up With Stocks?

Bitcoin and Ethereum traded higher at press time on Wednesday evening as the global cryptocurrency market cap rose 4% to $974.2 billion.

Benzinga

Bitcoin HODLers Clenching Their Moneybags Even As Stocks Plunge Is Remarkable, Says Analyst

Analyst Will Clemente noted the remarkable conviction of Bitcoin (CRYPTO: BTC) HODLers as 64% of Bitcoin supply hasn’t moved in a year despite the tech-heavy Nasdaq plunging 18% from its peak.

Benzinga

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Benzinga

Bitcoin, Ethereum Subdued, Dogecoin Emerges As Top Gainer: What's Putting Pressure On Apex Coin?

Bitcoin and Ethereum declined Tuesday evening, while Dogecoin emerged as the top intraday gainer, as the global cryptocurrency market cap fell 3% to $2.1 trillion.

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