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Germany is set to ease covid-19 restrictions as infection rates fall, improving the economic outlook for the summer

Crypto Meltdown Continues - Bitcoin (BTC/USD) Slumps Below $40,000, Ether (ETH/USD) Gives In To Sellers Key Talking Points: Losses in the crypto space accelerate as China bans digital currencies Ethereum struggling to find support Advertisement This month is shaping out to be one of the worst on record for cryptos. The listing of Coinbase seems to have been the starting point of their weakness - Bitcoin is down 40% since the DPO – but ongoing concerns about their stability and safety have kept sellers coming. After Turkey’s Central Bank was strict about not embracing digital currencies, ...

FTSE 100 Price Outlook: Fibonacci Level Offers Support as Attention Shifts to US CPI Key Talking Points: Inflation concerns take over the equity market, with focus on the US CPI data out this afternoon for confirmation The FTSE 100 holds on to buying support as it finds support on a key Fibonacci level The FTSE 100 felt the pressure in yesterday’s session as a broader market selloff took hold of sentiment. Tech shares and industrials were the hardest hit, but tourism and travel stocks were also weighing on the London blue-chip index as the UK Government updated its travel list over the week...

EUR/MXN Risks Tilted to The Downside as Banxico Meeting Looms Key Talking Points: EUR/MXN outlook remains bearish as the Euro struggles to regain bullish momentum The Mexican Peso could rise if Banxico delivers a hawkish message at its meeting this week Advertisement As Banxico’s next monetary policy meeting looms (May 13th), the Mexican Peso looks set to continue advancing against the Euro, which has been struggling to keep up its bullish momentum in recent sessions. The LatAm currency is facing rising inflation – the latest CPI data published on Friday showed that prices rose 0.37% in ...

Altcoins Surge as Bitcoin Falls Behind - Ethereum at New Record High, Dogecoin Attempts to Recover from SNL Key Talking Points: Dogecoin drops over 30% after Elon’s “hustle” comments on SNL Bitcoin continues to struggle just below $60,000 Advertisement As Bitcoin continues to struggle in its attempt to surpass the 60,000 dollar mark, altcoins are taking over the crypto market. The likes of Ethereum, Litecoin, and Stellar continue to mark new all-time highs as they attract surging interest from investors. But one altcoin that’s feeling slightly hungover from the weekend is Dogecoin. E...