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Market Coverage

Up Only Resumed?

by Khor Win Win -

coingecko markets coverage article
It’s no surprise that last week was an eventful one as all eyes were on the latest inflation data from the US. Markets across the world rejoiced as the actual YoY figures were lower than expected (8.5% vs. 8.7%), as July recorded a 0% increase compared to June, signaling that perhaps, inflation has somewhat been abated. Although it’s too early to call, it would seem that the Producer Price Index (PPI) is pointing to the same optimistic outlook, dropping 0.5% against earlier expectations of a 0.2% increase.

 

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