Browsing: October

Downtrend in Germany’s Construction PMI Signals Industry Challenges In recent economic developments, Germany’s construction sector displayed further signs of contraction, as the October Construction Purchasing Managers’ Index (PMI) fell to 42.8 from a previous reading… (via Bpaynews real-time desk)

ADP October US Employment Figures Surpass Expectations with a 42K Increase In an optimistic reveal, ADP’s October employment report underscored a resilient U.S. labor market as private-sector jobs saw an increase of 42,000—surpassing the expectations… (via Bpaynews real-time desk)

The final Service Purchasing Managers’ Index (PMI) for the United States, as reported by S&P Global for October, registered at 54.8. This figure is slightly lower than the preliminary estimate, which was reported earlier at… (via Bpaynews real-time desk)

U.S. Services Sector Shows Resilience in October: ISM PMI Beats Expectations In a somewhat encouraging sign for the U.S. economy, the Institute for Supply Management (ISM) reported that the Purchasing Managers’ Index (PMI) for the… (via Bpaynews real-time desk)

Treasury Yields Surge to Highest Since Early October: Implications for Investors In a notable shift in the bond market, Treasury yields have climbed to their highest level since early October, hitting new thresholds that spell… (via Bpaynews real-time desk)

Bitcoin October pullback An analyst suggests that Bitcoin’s pullback in October could create a foundation for its next upward movement, with an end-of-year target ranging from $120,000 to $150,000. The cryptocurrency market has witnessed fluctuations,… (via Bpaynews real-time desk)

After the Worst October in Six Years, Is Bitcoin Poised for a November Rally? October has historically been a month of surprises for Bitcoin enthusiasts, offering dramatic ups and downs over the years in the… (via Bpaynews real-time desk)

Why Bitcoin’s Rare Red October Might Not Spell Doom This October has painted the Bitcoin markets in various shades of red, but before investors start seeing crimson, let’s take a step back. The world’s oldest… (via Bpaynews real-time desk)

Bitcoin decline Bitcoin has experienced a decline, marking the first negative October for the cryptocurrency markets since 2018. The downturn has raised concerns among investors and analysts. Market sentiment has shifted, reflecting uncertainty in the… (via Bpaynews real-time desk)

DEX Spot Trading Volume The trading volume for decentralized exchanges (DEX) in October reached an all-time high, while centralized exchange (CEX) spot trading volume hit its highest level since January. In October, DEXs recorded unprecedented…