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Economy And The Numbers

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Overall consumer prices in Tokyo were up just 0.4 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday. That was beneath expectations for 0.5 percent, which would have been unchanged. Core CPI came in at 0.5 percent, also shy of forecasts for 0.6 percent -...

The Argentinean trade deficit in April rose eight times from a year before, to US$ 938 million, as imports outgrew exports and reached the highest level since November 2017, according to the national statistics office (Indec). The data showed that in April Argentina export revenue totaled US$ 5.164...

Merval, the benchmark stock market index in Argentina, ended the last session of the week down 1.54% at 29,766.45 points Thursday, affected by a decrease in Petrobras' share prices. In the week, the Merval lost more than 6%. Petrobras' shares ended 13.76% lower in Argentinean markets after the company...

The 13% decline in Petrobras' shares after the company decided to cut and freeze diesel oil prices for 15 days weighed on the Ibovespa, the Brazilian benchmark stock market index, which fell 0.92% to 80,122.30 points Thursday - marking the lowest settlement level since January 16. Investors saw Petrobras...

Japan will on Friday release May data for Tokyo inflation, headlining a light day for Asia-Pacific economic activity. Overall Tokyo consumer prices are expected to hold steady at 0.5 percent on year, while core CPI is also called unchanged at an annual 0.6 percent.

Colcap, the benchmark stock market index in Colombia, rose 0.34%, to 1,524.32 points, boosted by the performance of Ecopetrol - a heavyweight constituent of the index. Ecopetrol's shares increased 1.49%, with traders shrugging off today's decline in oil prices and focusing instead on the level of...

Alvaro Dias, 73, a pre-candidate of Brazilian presidential election from Podemos party, wants to "rebuild the Republic." A four-time elected senator, he is currently the leader of his party in the Senate and told Agencia CMA in an exclusive interview some of his ideas and proposals for Brazil. AGENCIA...

Brazilian Senate speaker Eunicio Oliveira, traveled to Ceara state Thursday, moving away from the country's capital and virtually eliminating any chance of a floor vote that removes a payroll tax break and ends a truck drivers strike that led to fuel and food shortages in major cities. Truck drivers...

Brazil's center-south sugarcane crush for the 2018-19 crop was 27.33% up from April until May 16 compared to the same period from a year before, totaling 80.518 million tons, said the Union of Sugarcane Industry (Unica). Total ethanol production reached 4.813 billion liters, up 54.73% from a year...

The one-day interbank deposit futures rates (DI rates) in Brazil opened a tad higher, amid news that a strike from truck drivers is creating shortages of some products and as traders react to Petrobras' decision to cut diesel oil prices in an attempt to help the Brazilian government defuse that crisis. The...

The Brazilian state-owned oil company Petrobras lowered diesel oil prices by 10% and will keep them unchanged for 15 days, in an attempt to give time to the government to end a truck driver strike that started to bite the country's economic activity. Petrobras adjusts fuel prices almost daily, based...

bitcoin-drop-052418.jpg Bitcoin continued to lose its weight for the fourth consecutive day this week, pointing to the possibility of extending the slide further to $7,000 in the next 24 hours. The most popular Cryptocurrency opened at $7,650 on Thursday, and was trading for $7272 at a later stage on Bitfinex - its lowest point since April 12. Although it recovered slightly within hours, BTC lost its value by 5 percent

india-crypto-gst-052418.jpg India may slap an 18 percent Goods and Services Tax on cryptocurrency trades, and Bitcoin and its peers could be treated as intangible goods similar to software, the business news outlet BloombergQuint reported, citing people familiar with the matter. The proposal comes even as there is uncertainty regarding the legal status of cryptocurrency in the country.

existing-home-sales-052418.jpg After reporting a bigger than expected increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales pulled back by much more than expected in the month of April.

ecb-052418.jpg ECB policymakers agreed that the underlying growth momentum in the euro area remained intact, though the uncertainty regarding the outlook has increased, the minutes of the European Central Bank's April 25-26 rate-setting session showed Thursday.

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