Market Analysis
Europe’s Energy Crisis Majorly Responsible for Inflation at 8.6%, and it Can Get Worse
Soaring energy prices accounted for almost half of the eurozone's record inflation of 8.6% in June.
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USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Shell posted record profits for a second consecutive quarter amid soaring oil and gas prices.
Soaring energy prices accounted for almost half of the eurozone's record inflation of 8.6% in June.
With the US, China and Europe taking different approaches to digital assets, Putin sees an opportunity to disrupt the hegemony of the US dollar.
Crude oil prices could be set to rise as demand grows from the gas and coal shortages being seen in Europe and China.