The US stock market fell at the beginning of the session when the jobs data was announced to increase quite well. The crypto market seems to remain flat after a slight decline. Follow the crypto message board for details.
• Before the announcement of the jobs report, Mr. Biden emphasized that the economy is still strong.
• Unusually large US employment numbers make the case for an 'unusually large' rate hike.
• Fast food chains confirm a downtrend as prices rise.
• Russia bans Western investors from selling shares in banks, important energy.
• UK house prices fall for the first time since June 2021.
• Canada's Ivey PMI shows a decline in activity in July.
• Turkey's current account deficit stood at $3.4 billion in June and reached $40.2 billion at year-end.
• The United Nations agency said food prices fell again in July.
• Global rice supply at risk as extreme weather affects top exporters.
• Canadian jobs decline for the second month in a row.
• Coinbase partners with BlackRock to provide institutional customers with cryptocurrency access.

The non-manufacturing PMI was released to support the view that the economy is not in recession, supporting the US stock market to rise quite well. The crypto market appears to be moving sideways after a slight decline. Follow the crypto message board for details.
• The Bank of England is on the verge of its biggest rate hike since 1995.
• Colombia's central bank technical team sees interest rates rising above market expectations.
• With an eye on Russia, the US Senate supports Finland and Sweden joining NATO.
• Fed officials signaled that an interest rate increase of 50 basis points is 'reasonable' next month.
• BofA lowered its forecast for the Mexican economy in 2023, citing the possibility of a recession.
• It is very unlikely that the Fed will cut interest rates next year.
• Canadian companies continue hiring plans even as a slowdown emerges.
• Australia posted a record trade surplus in June on bumper exports.
• The service sector in Ireland grew strongly, contrary to the trend of the euro area.
• The US service industry surprised with its growth momentum.
• Senator Stabenow, Boozman introduces a cryptocurrency bill that expands the regulatory powers of the CFTC.

The US stock market became quiet with new economic information. The cryptocurrency market is showing signs of a slight decline. Follow the crypto message board for details.
• The Central Bank of Russia said that the economic recession will deepen in the third quarter.
• US manufacturing slows down modestly; Excess inventory weighs on new orders.
• Factory activity in the euro area declined in July as recession fears increased.
• Pakistan's annual inflation rose to a 14-year high at 24.9% in July.
• Indonesian inflation spiked to the highest level in 7 years.
• US construction spending fell in June.
• India will not fall into recession, inflation will stagnate.
• Thailand's exports have increased by 6% to 8% this year.
• Chinese leaders say GDP growth of 5.5% is a guideline, not a difficult target.
• The number of Americans employed and the number of hours worked decreased in July.
• Bank of England more aggressive with 50 bps increase on Thursday.

The US stock market continued to bounce back with the latest economic information as well as support from the technology group. The crypto market is still bouncing back after a slight decline. Follow the crypto message board for details.
• The Mexican economy beat forecasts, growing for the third consecutive quarter.
• Canada's GDP in Q2 increased more than expected, driving a large interest rate increase in September.
• China uses efficient investment, not massive stimulus, to boost its economy.
• Eurozone's 2nd quarter growth increased more than expected as inflation hit a new record.
• German economy stagnated in Q2: 'Recession looms'.
• The Italian economy grew faster than expected in the second quarter, back above pre-COVID levels.
• Portuguese economy lost momentum, inflation weighed on consumption.
• The French finance minister praised the "victory" when the preliminary GDP of the second quarter exceeded the forecast.
• US consumer inflation expectations eased in July.
• The US and Japan cooperate on semiconductors in the framework of the new economic dialogue.
• Fed's positive rate hike path is supported by inflation data, new wage data.

The US stock market rebounded after the information about interest rates from the Fed. The cryptocurrency market also rebounded after a slight decline. Follow the crypto message board for details.
• Russia further cuts gas flow when Europe calls for economical use.
• EU calls for increased efforts against monkeypox.
• US durable goods orders increased unexpectedly ahead of defense orders.
• US oil inventories fell 4.5 million barrels last week.
• US exports, business spending can save second quarter GDP.
• U.S. Pending Home Sales fell in June as mortgage rates soar.
• JP Morgan forecasts a recession in the euro area when the gas crisis breaks out.
• Euro area business loans unexpectedly increased in June.
• How blockchain could solve Austria's energy crisis.
• NFT Discord Channels received over 100 records of hacks in 2 months worth $22 million.
• EBA raised concerns about finding staff to manage cryptocurrencies.

The US stock market struggled sideways before the Fed's decision to raise interest rates. The cryptocurrency market also appears to be in decline. Follow the crypto message board for details.
• Sri Lanka asked China to help with trade, investment and tourism.
• The White House said Mr. Biden will hold a meeting on the semiconductor bill.
• The exodus of Ukrainian workers hits Europe's emerging economies.
• BoE worried about whether to join the club of big interest rate hikes?
• Output of factories in the UK slowed down, price pressure dropped to a peak.
• Ifo Institute says Germany is on the cusp of recession as business sentiment sinks.
• Sri Lanka restricts fuel imports for the next 12 months.
• Russia's Gazprom tightens gas flows to Europe.
• Economist Nouriel Roubini warns a shallow recession is 'A complete illusion'.
• The first shipments of Ukraine's Black Sea grain may be delivered in the next few days.
• The BOJ agrees on the need for low interest rates, considering wage growth as key to growth prospects.

The US stock market scaled back the decline as the fear that the Fed would sharply raise interest rates waned. The cryptocurrency market has a relatively strong recovery. Follow the crypto message board for details.
• The UK is under pressure to raise wages with 2.5 million workers.
• Russia cut its base rate by 50 bps to 9% on Friday.
• NAHB Housing Market Index hits 2-year low in July.v
• China ordered banks to lend money to real estate developers.
• The psychology of home builders in the US declined, service activities in the New York area stagnated.
• Canadian house prices in June started to decrease by 3% compared to May.
• US equity funds' net assets fell by $2 trillion in the second quarter.
• The Central Bank of Israel unanimously supported a 50 basis point increase in July to combat inflation.
• The Central Bank of the Netherlands fines Binance for providing illegal cryptocurrency services.
• Coinbase receives approval from a crypto asset service provider in Italy.
• Hackers took $375,000 from NFT Platform Premint.

The fear of a large interest rate hike by the Fed made the US stock market sink in the red despite a last-minute recovery. The cryptocurrency market also declined despite the subsequent recovery. Follow the crypto message board for details.
• Consumer price index (CPI) in June of the US increased hotly.
• Bank of Canada surprised by raising interest rates by 100 basis points when inflation risks increased.
• Mr. Biden said: June inflation data is "unacceptably high" but outdated.
• Brazil's retail sales increased 0.1% in May, less than expected.
• The scale of Ghana's inflation reached a new peak at 29.8% in June.
• The UK economy soared in May.
• China's exports rebound, but global risks cloud the trade outlook.
• The Bank of Canada said recent inflation forecast errors were mainly due to global shocks.
• US Central Bank economists say that a mild US recession will come this year.
• The rarest whiskey in the world is auctioned as NFT.
• Shanghai adds blockchain, NFT and Web3 in its next 5 year plan.

Important economic data results are due to be released, causing the US stock market to decline slightly. The cryptocurrency market also declined despite a prior recovery. Follow the crypto message board for details.
• Australian consumer sentiment continued to decline in July.
• Japan's wholesale prices prolong the rapid increase as a weak yen increases import costs.
• Ms. Yellen believes that the US economy is very strong despite inflation.
• China aims to build 461,000 km of national roads by 2035.
• Failure to implement Russia's oil price cap may increase oil prices.
• Chile announced a $1.2 billion aid plan amid rising inflation.
• Ecuador confirmed its deficit target of 2% of GDP despite the protests.
• Chinese banks increased lending in June but tensions persisted.
• GameStop released the NFT public beta to the market.
• Bank of England deputy governor says cryptocurrencies need regulation to reduce risks.
• Central banks are encouraged to work together on digital currency interoperability.