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Economy And The Numbers

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China is scheduled to release a raft of data on Thursday, headlining a busy day for Asia-Pacific economic activity. On tap are Q4 figures for gross domestic product, plus December data for retail sales, industrial production and fixed asset investment. GDP is expected to add 1.7 percent on quarter...

Argentina is set to resume honey exports to Brazil for the first time in ten years, after addressing issues with a health certificate demanded by the Brazilian government for apicultural products. "This measure is of special importance for our country, since it opens an excellent opportunity for an...

The total financing in the Argentinean capital market amounted to 47,105 billion pesos (US$ 2,504.25 billion), more than four times higher than the observed in the same month of the previous year, reported the country's Securities and Exchange Commission (CNV). Meanwhile, the total financing in the...

Argentinean oil company Pampa Energía agreed with Vista Oil & Gas S.A.B. the sale of its direct interests of 58.88% in Petrolera Entre Lomas S.A. (Pelsa), 3.85% in the Entre Lomas, Bajada del Palo and Agua Amarga areas in Neuquén and 100% in the Medanito S.E. and Jagüel de Los Machos in La Pampa. The...

The Bank of Canada on Wednesday raised its key interest rate by 0.25 basis points to 1.25%, as expected. However, the BoC sounded its deepening concerns that a breakdown in trade relations with the U.S. and Mexico could de-rail the Canadian economy. "Recent data have been strong, inflation is...

cryptocurrencies2-011718.jpg The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it's shutting down its platform and cryptocurrency exchange. Amid all the gloom, two...

blockchain-markets-011718.jpg The investing world will be presented with two new products on Wednesday that try to cash in on the blockchain technology that underlies Bitcoin. Reality Shares Inc. and Amplify Investments LLC are launching their Exchange-Traded Funds, or ETFs, focused on investing in companies that lead in the research...

The tightening labor market and rising recruitment difficulties is set to lift pay growth this year a bit above the recent subdued trends, Bank of England policymaker Michael Saunders said Wednesday. According to Saunders, the labor market is likely to tighten more this year than markets anticipate...

BoonePickens-Bitcoin-011718.jpg American oil tycoon and financier T. Boone Pickens is not at all enthusiastic about cryptocurrencies. The reason is the term itself. "At 89, anything with the word "crypt" in it is a real turnoff for me," the 89-year old famed Texas corporate raider said on Tuesday, in a reply to a question on his Twitter account.

The world is entering a critical period of intensified risk in 2018, the World Economic Forum said in the Global Risks Report 2018, published on Wednesday. According to the annual report, structural and interconnected nature of risks in 2018 threaten the very system on which societies, economies...

GuoShuqing-CBRC-011718.jpg Imperfect internal control mechanisms in financial institutions, high bad debt and shadow banking have impact on the financial system, Guo Shuqing, chairman of the China Banking Regulatory Commission, told the newspaper People's Daily in an interview, published on Wednesday. The resulting hidden dangers threaten China's financial stability, Guo said.

South Africa's retail sales growth accelerated at a faster-than-expected pace in November, preliminary figures from Statistics South Africa showed Wednesday. Retail sales advanced notably by an unadjusted 8.2 percent year-over-year in November, well above the 3.5 percent rise in October. Economists...

Slovakia's harmonized consumer price inflation eased slightly in December after accelerating in the previous month, data from the Statistical Office of the Slovak Republic showed Wednesday. The harmonized index of consumer prices climbed 2.0 percent year-on-year in December, following a 2.1 percent...

cryptocurrency-down-011718.jpg Bitcoin and other major cryptocurrencies extended their sharp fall from Tuesday into Wednesday morning on prevailing concerns of South Korea and China, the two leading crypto markets, planning severe crackdown on the digital currency market. As of 2.03 am ET on Wednesday, the largest cryptocurrency...

Eurozone construction output increased in November after falling in the previous month, data from Eurostat showed Wednesday. Construction output advanced a seasonally adjusted 0.5 percent month-over-month in November, reversing a 0.3 percent drop in October, which was revised from a 0.4 percent fall...

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