What Are Bitcoin and Ethereum ETFs, and How Do They Work?
In a previous article, we thoroughly explained what ETFs (Exchange-Traded Funds) are and how they can simplify access to diverse assets for investors. In this Article, we’ll delve into Bitcoin and Ethereum ETFs, the differences between spot ETFs and futures...
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China’s Trade Surplus Surges in December 2024
China’s trade surplus reached an impressive USD 104.84 billion in December 2024, a significant increase from USD 75.31 billion during the same period last year. This figure not only surpassed market expectations of USD 99.80 billion but also marked the...
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US Average Hourly Earnings Rise by 0.3% in December 2024
In December 2024, US Average Hourly Earnings for employees on private nonfarm payrolls increased by 10 cents, or 0.3%, reaching $35.69. This marks a slight slowdown compared to the 0.4% rise in November, but it aligned with market expectations. The...
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Canada’s Unemployment Rate Drops to 6.7% in December 2024
In December 2024, Canada’s unemployment rate decreased slightly to 6.7%, down from 6.8% in November. This figure was better than the expected 6.9%, though it still represents the second-highest reading since September 2021. The small decline in unemployment reflects ongoing...
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US Unemployment Rate Drops to 4.1% in December 2024
In December 2024, the US unemployment rate decreased to 4.1%, down from 4.2% in the previous month. This decline came in better than expected, as market forecasts had predicted the rate would remain at 4.2%. The decrease in the unemployment...
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