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In July, US PPI rose by 0.8% year-on-year. Analysts were expecting a more modest growth of 0.7%.
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Consumer prices in the United States rose by 3.2% year-over-year, while most analysts expected a more modest increase of up to 3.1%.
According to analysts at Glassnode, in the past week, the total balance of wallets whose owners have held Bitcoin for 155 days or more has increased by nearly 44,000 BTC and reached an all-time high.
The Moody's Investors Service (Moody's) credit rating agency dropped the credit ratings of 10 small- and medium-sized US banks.
According to data released yesterday by Germany's Federal Ministry for Economic Affairs and Climate Action, industrial production in June dropped by 1.5% compared to May.
On Friday, the US Bureau of Labour Statistics released data that signal that the US labour market is stable.
As expected, the Bank of England raised its interest rate by 0.25%, going from 5.00% to 5.25%.
Oil prices have risen for the fifth week in a row. During this time, they reached three-month highs.
China's Caixin manufacturing PMI surprised many analysts by dropping from 50.5 to 49.2, which led to increased pessimism in financial markets.
In July, the Eurozone's consumer price index was 5.3% year-over-year, which met expectations.
