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Economy And The Numbers

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President Michel Temer said Monday that the Brazilian government should await the decision of the South American country's Supreme Court (STF) on the minimum freight price table for road transport. Temer added that the government would obey the decision of the Supreme Court and considered that the...

The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Tuesday, tracking the appreciation of the locally traded U.S. dollar against the Brazilian real, in the face of escalating trade tension between the United States and China. The movement in the forward curve is also influenced...

ecb-june19.jpg European Central Bank President Mario Draghi reiterated on Tuesday that the bank will adopt a patient approach to tightening policy and stands ready to adjust all its policy tools when needed. On June 14, the central bank decided to halve its monthly asset purchases to EUR 15 billion after September and to eventually stop them at the end of the year.

kerala-june19.jpg The Government of Kerala, the southernmost state of India, has launched a project to use the Blockchain technology to make food supply and distribution network more efficient. The new project, which will be implemented through the Kerala Development and Innovation Strategic Council or K-DISC, will also use blockchain for its crop insurance scheme.

cryptoholdings-june19.jpg The U.S. Office of Government Ethics (OGE) has issued a legal advisory urging employees of the executive branch of the U.S. government to disclose their cryptocurrency holdings. OGE advised that filers must report their holdings in a virtual currency if its value exceeded $1,000 at the end of the reporting period or if the income produced by the virtual currency holding exceeded $200. Filers are

cryptos-june19.jpg Bitcoin and its peers managed to sustain the upward momentum they gained over the past few hours and are firmly in the green Tuesday morning. The cryptomarket capitalization recovered strongly on Monday and is at $293.41 billion around 9.15 am ET. Here is a wrap of the main news from the cryptocurrency and blockchain world over the past 24 hours.

construction-030411_19jun18.jpg While the Commerce Department released a report on Tuesday showing a much bigger than expected jump in new residential construction in the U.S. in the month of May, the report also showed a much steeper than expected drop in building permits.

While the Commerce Department released a report on Tuesday showing a much bigger than expected jump in new residential construction in the U.S. in the month of May, the report also showed a much steeper than expected drop in building permits.

china-june19.jpg China's central bank added more funds into the financial system on Tuesday after the US President Donald Trump threatened to impose a 10 percent tariff on an additional $200 billion of Chinese imports. The People's Bank of China added CNY 200 billion via medium-term lending facility on concerns over liquidity as well as negative impact from trade conflicts.

Hungary's central bank maintained its interest rates, as widely expected, on Tuesday. The Monetary Council of the Magyar Nemzeti Bank decided to keep the base rate at 0.90 percent. The previous change in the rate was a 15 basis points reduction in May 2016. The overnight central bank deposit rate...

Portugal's producer price inflation accelerated further in May to the highest level in one year, figures from Statistics Portugal showed Tuesday. Producer prices climbed 3.1 percent year-over-year in May, faster than the 1.4 percent rise in April. Moreover, this was the strongest PPI Inflation...

Poland's industrial production expanded at a faster-than-expected pace in May, figures from Statistics Poland showed Tuesday. Industrial production advanced 5.4 percent year-over-year in May, exceeding economists' forecast for an increase of 3.8 percent. Among components, manufacturing production...

Germany's economy is forecast to expand at slower pace this year and next as global economic risks increased significantly. In the Summer Forecast, the think tank projected the economy to expand 1.8 percent each this year and next. Earlier, the Ifo had forecast 2.6 percent growth for 2018 and 2.1...

Eurozone construction output increased in April, after falling in the previous three months, data from Eurostat showed Tuesday. Construction output advanced 1.8 percent month-over-month in April, reversing a revised 0.2 percent drop in March. Moreover, this was the sharpest rate of growth since...

worldhealthreport-june19.jpg High net worth individuals, or HNWIs, are increasingly interested in cryptocurrencies as an investment and a store of value, but they remain cautious and are seeking wisdom from wealth management firms, results of a report, released Tuesday, showed. The findings are part of the 22nd annual edition of the Wold Wealth Report, compiled by the professional services firm Capgemini.

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