Saturday, 20 July 2019

Tag Archives: inflation

German inflation moves closer to ECB target

BERLIN: German annual inflation accelerated to 1.5% in June but remained below the European Central Bank’s target, final data from the Federal Statistics Office showed. The reading for German consumer prices – harmonised to make it comparable with inflation data from other European Union countries – was revised up after ...

Read More »

Bitcoin trades above $11,000

LONDON: Bitcoin tested 15-month highs after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The original cryptocurrency hit $11,247.62 on the Bitstamp exchange, its highest since March last year. It later ...

Read More »