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Economy And The Numbers

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Japan will on Monday see December figures for condominium and convenience store sales, highlighting a very light day for Asia-Pacific economic activity. In November, condo sales surged 24.6 percent on year, while convenience store sales fell an annual 0.3 percent.

Merval, the main index of the Buenos Aires Stock Exchange, fell 1.31% Friday, closing at 33,600.73 points amid a profit-taking movement after exceeding the psychological barrier of 34,000 points. However, in the week it gained 2.55%. "Although the global and local context favor a stock market rise,...

Colcap, the main index of the Colombian Stock Exchange, fell 0.11% at 1,546.33 points near to Friday's closing, due to the poor performance of companies' shares such as Ecopetrol, Bancolombia, and Sura. Erika Baquero, an analyst at Alianza Valores, noted that the Colcap falls slightly for profit-taking...

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....

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...

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...

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...

Consumer-Shopping-011918.jpg 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.

RobertShiller-Bitcoin-011918.jpg 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...

Bitcoin-Scrutiny-Indonesia-011918.jpg 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...

UKRetailSales-011918.jpg 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.

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...

Cryptocurrencies-011918.jpg Bitcoin has staged a strong recovery from the cryptocurrency market bloodbath witnessed over the past few days that was triggered by concerns over the possibility of stringent regulation in South Korea and China. The leading cryptocurrency moved above $11,000 Thursday morning amid a broad rebound in...

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...

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...

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