Prior -0.2%
Construction output -3.9% y/y
Prior +0.5%; revised to +0.4%

That’s quite the slump in construction activity, with Austria (-8.1%), Germany (-7.3%) and France (-7.0%) the main culprits. Overall, building construction declined by 4.5% on the month while civil engineering con

Russia’s military exercises are entirely transparent
Putin will likely be in Russia’s „situation center“ to oversee drills
These exercises are impossible without the president taking part, no further comment on details

Despite all the talk of pulling back military troops, I would argu

Bitcoin
collapsed on Thursday, the most in almost a month amid sales of risky assets.
BTC lost 7.7%, ending the day near $40,700. Ethereum fell 7.7%, while other
leading altcoins from the top ten also fell, from 5.4% (Binance Coin) to 8.5%
(Terra).

 

The
total capitalization of the crypto market

Sentiment can be described as simply as the mood of the market, mainly
fear and greed. Sentiment should be the primary concern for short-term traders.
It can last an hour, a session, a day or weeks depending on what is causing it
and how much importance the market gives it. Thus, you have to ident

The mood in FX is reflecting more calm as the dollar has seen gains erased with EUR/USD flat at 1.1373 while the aussie and kiwi are pushing close to the highs for the day at the moment, as outlined earlier here.
There was a bit of a knock after the Ukraine accusation came out here but we’ve quickly

The source says that the shelling from Russian-backed forces at the front line in Eastern Ukraine is not just a routine ceasefire violation and ‚looks a lot like provocation‘. Just something to be wary about but we’ll see how things develop in the coming day(s).

It took weeks to deploy forces for military exercises and it takes time to withdraw them
It cannot be done in a day
There is a clear timetable to withdraw forces after ‚war games‘
Put informed that certain phases of drills near Ukraine were nearing their end and forces will return w

Bitcoin
ended Wednesday with symbolic gains, gaining 0.1% to stay around $44,100.
Ethereum rose 1.4%, and the other leading altcoins in the top ten also showed
mostly upward momentum, from 0.3% (Binance Coin) to 5.5% (Avalanche).

 

The
total capitalization of the crypto market, according to Coin

Prior -8.1%Market index 537.0 vs 567.7 priorPurchase index 279.0 vs 282.3 priorRefinancing index 1,988.8 vs 2,183.5 prior30-year mortgage rate 4.05% vs 3.83% prior

The Russian envoy is reported to have said that there will be no escalation, „not next week, not the week after, not in the next month“. And so the merry-go-round continues. How are you guys enjoying the headlines so far today? 😉