China’s industrial output continued to show resilience in the face of global economic uncertainties, with a 6.9% year-on-year increase in August. This growth indicates a steady recovery in manufacturing and construction activities across various sectors.
Bitcoin exchange-traded funds (ETFs) are seeing a surge in interest from various market participants, with retail investors, hedge funds, and financial advisors leading the way in terms of buying activity. According to Bitwise Chief Investment Officer, larger players are expected to follow suit in the coming months.
Bitcoin exchange-traded funds (ETFs) have seen a surge in trading volumes recently, with record-high numbers being reported across various platforms. Retail investors have been eagerly jumping on the crypto rally, adding to the increased demand for these investment products.
## Challenging start for retail industry in 2022
# Signs of Inflation Cause Concerns as Prices Rise
A recent survey conducted by Deutsche Bank has revealed that retail investors are expressing concerns over the possibility of bitcoin taking a nose dive below the $20,000 mark in the coming months. With the cryptocurrency market experiencing increased volatility and uncertainty, many investors are growing jittery about the future of their bitcoin investments.
Retail sales in December 2023 have exceeded expectations, leading to a strong end to the year in the retail industry.
The 10-year Treasury yield surged to a five-week high as strong retail sales figures indicated a robust recovery of the US economy. Investors reacted positively to the news, fueling expectations of a potential interest rate hike by the Federal Reserve sooner than anticipated.
The retail industry experienced an unexpected surge in sales during the key holiday season in December. According to recent reports, the sales growth surpassed initial expectations, showing a promising upturn for the sector at the end of a challenging year.
Retail sales are expected to be closely watched this week as economists analyze consumer spending trends. The upcoming report will provide insights into the state of the consumer-driven U.S. economy.
