Japanese Yen appreciates as Services PMI marks the seventh consecutive month of expansion

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the trading week on Monday with investors likely to give a big thumbs down to yet another batch of uniformly disappointing economic indicators from China, while at the same time cheering one of Wall Street’s best weeks of

In the first quarter of the year, Bitcoin recorded an impressive return of +68.7%. Notably, in mid-March, the market even achieved a milestone by rising above the level of $73,000. However, in the second quarter, the BTC price could not sustain this momentum. So, it had to settle with an unimpressive quarterly return of -12%.

In its monthly report, the International Energy Agency (IEA) painted a bleak picture for oil demand, Commerzbank’s Commodity Analyst Carsten Fritsch notes. China to see an increase in demand of 180,000 bpd in 2024 “In the first half of the year, it increased by only 800,000 barrels per day compared to the previous year. This