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Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take part in the bidding process for subway lines in Colombia and Peru, said Leonardo Vianna, the company's vice-president for mobility. "The subway projects of Bogotá, Colombia, and Lima, Peru, are interesting," he said.... Read more...

UK retail sales declined more than expected in December, data from the Office for National Statistics revealed Friday. Retail sales volume dropped by more-than-expected 1.5 percent in December from November, when it grew 1 percent. Economists had forecast a 1 percent fall. Similarly, sales excluding... Read more...

China's economy expanded at a steady pace at the end of 2017, data from the National Bureau of Statistics showed Thursday. Gross domestic product climbed 6.8 percent year-on-year in the fourth quarter, the same pace of growth as seen in the third quarter. The rate was forecast to slow to 6.7 percent. In... Read more...

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Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index dipped to 94.4 in January. Read more...

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Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robert Shiller said, who equaled it to the Tulip mania. "[Bitcoin] might totally collapse and be forgotten and I think that's a good likely outcome but it could linger on for a good long time, it could be here in 100... Read more...

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Indonesia's central bank has launched an investigation to see if bitcoin is being used in the holiday island of Bali. Media quoted Causa Iman Karana, head of Bank Indonesia's (BI) representative office in Bali Province, as saying that the bank authorities, in coordination with police, are focusing... Read more...

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UK retail sales in December declined more-than-expected from the previous month when consumers were lured by Black Friday promotions, data from the Office for National Statistics revealed Friday. Retail sales volume dropped by a more-than-expected 1.5 percent from November, when they grew 1 percent. This was the biggest fall since June 2016 and the largest in seven years for the month of December. Read more...

Bulgaria's current account turned to a deficit in November from a surplus in the previous year, figures from the Bulgarian National Bank showed Friday. The current account balance came in at a shortfall of EUR 155.2 million versus a surplus of EUR 162.4 million in the same month of 2016. The goods... Read more...

Slovenia's output prices continued to rise in December, though at a slower pace than in the previous month, figures from the Statistical Office of the Republic of Slovenia showed Friday. Output prices climbed 2.2 percent year-over-year in December, following a 2.5 percent increase in November. The... Read more...

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The manufacturing sector in New Zealand continued to expand in December, albeit at a sharply lower rate, the latest survey from Business NZ revealed on Friday with a PMI score of 51.2. That's down from 57.7 in November, although it remains above the boom-or-bust line of 50 that separates expansion... Read more...

New Zealand will on Friday see December results for the Manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. The index score on November came in at 57.7, well above the boom-or-bust line of 50 that separates expansion from contraction. Read more...

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China's economic expansion exceeded the government's full year target in 2017 as growth accelerated for the first time in seven years. In 2017, gross domestic product expanded 6.9 percent, the National Bureau of Statistics reported Thursday. This was bigger than the government's target of about 6.5 percent and the 6.7 percent growth posted in 2016, which was the weakest in 26 years. Read more...

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Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a meeting with his Russian counterpart, Vladimir Putin, at the Kremlin. After a private meeting, Macri and Putin should head both countries delegations before a working lunch. A press conference is also expected, according... Read more...

Argentina will be able to export more than 700 products to the United States with a zero tariff after returning to the country's Generalized System of Preferences (GSP). The U.S. eliminates duties on thousands of products when the imports come from one of the GSP-listed countries. Argentina returned... Read more...

The Argentinean central bank (BCRA) international reserves increased by US$ 491 million during December, to US$ 55.055 billion. During 2017, the Argentinean foreign reserves rose US$ 15.747 billion. During December, the increase in international reserves was primarily due to the foreign currency income... Read more...

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Bank Indonesia is likely to cut rates further by the middle of this year, as economic growth is expected to struggle amid comfortable inflation, Gareth Leather, an economist at Capital Economics, said. On... Read more...

India's central bank is likely to tighten policy much sooner than is generally anticipated, as core price pressures will rise further over the coming months, Shilan Shah, an economist at Capital Economics said. Read more...

Riksbank is likely to hike interest rates in September as the recent decline in domestic inflation may prove temporary amid robust resource utilization, Stephen Brown, an economist at Capital Economics, said. Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Sunday ,Jan.21
Rightmove House Prices (M-o-M)
JAN
 
 
-2.6 %
UK
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Washington In Focus On Wall Street As Shutdown Deadline Looms

The major U.S. index futures are pointing to a modestly higher opening on Friday, with stocks poised to regain ground following the moderate weakness seen in the previous session. Upbeat earnings news may generate some positive sentiment, although lingering concerns about a government shutdown may...
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