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Economy And The Numbers

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ico-moneyraising-041918.jpg An unprecedented hike in fundraising via Initial Coin Offerings (ICOs) has been reported in the first quarter of 2018 than what was recorded in the previous year. The total ICO funding for last year was $5.5 billion, while in the first quarter of 2018 itself global ICOs raised $6.3 billion, which is 118 percent of the 2017 total, according to data collected by CoinDesk. However, a corresponding

leading-indicator-index-041918.jpg A report released by the Conference Board on Thursday showed its index of leading U.S. economic indicators increased in line with economist estimates in the month of March. The Conference Board said its leading economic index rose by 0.3 percent.

philadelphiafedmanufacturing-041918.jpg Philadelphia-area manufacturing activity unexpectedly saw a modestly faster rate of growth in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity inched up to 23.2 in April.

joblessclaims-us-041918.jpg A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended April 14th. The report said initial jobless claims edged down to 232,000.

Philadelphia-area manufacturing activity unexpectedly saw a modestly faster rate of growth in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended April 14th.

retailsales-uk-041918.jpg UK retail sales declined more-than-expected in March on unusually cold and adverse weather, official data revealed Thursday. Retail sales including auto fuel, dropped 1.2 percent month-on-month in March, in contrast to a 0.8 percent rise in February, the Office for National Statistics reported. Sales were forecast to fall 0.6 percent.

Poland's industrial production grew at a slower-than-expected pace at the end of the first quarter, figures from Statistics Poland showed Thursday. Industrial production climbed 1.8 percent year-on-year in March, slower than the expected 3.0 percent rise. Among components, manufacturing advanced...

Italy's current account surplus decreased in February from a year ago, the Bank of Italy reported Thursday. The current account surplus fell to EUR 839 million from EUR 1.48 billion in the corresponding month last year. The trade in goods showed a surplus of EUR 2.71 billion compared to EUR 2.88...

Germany's economy is forecast to expand at a faster pace as the upturn in the global economy stimulate exports amid strong labor market underpinning domestic activity, the leading economic institutes said in a joint report released Thursday. In the Joint Economic Forecast, the agencies said the largest...

bitcoins-whale3-041918.jpg Bitcoin's price dropped nearly $200 in less than 30 minutes on Tuesday and many suspected a WHALE was behind this sharp fall. A WHALE in the crypto world is someone or a single wallet/account holding a huge amount, hundreds and thousands, of Bitcoins.

Hong Kong's unemployment rate held steady in the three months ended March, preliminary figures from the Census and Statistics Department showed Thursday. The seasonally adjusted jobless rate came in at 2.9 percent in the January to March period, the same rate as in the December to February period. The...

UK retail sales declined more than expected in March, the Office for National Statistics showed Thursday. Retail sales including auto fuel, dropped 1.2 percent month-on-month in March, in contrast to a 0.8 percent rise in February. Sales were forecast to fall 0.6 percent. Similarly, excluding...

The International Monetary Fund said the short-term financial stability risks have increased somewhat against the backdrop of slightly tighter financial conditions. In the Global Financial Stability Report, the lender said the medium-term risks are still elevated as financial vulnerabilities, which...

europeanecopreview-041918.jpg Retail sales from the UK and current account from euro area are due on Thursday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank is slated to issue euro area current account figures for February. The current account surplus totaled EUR 37.6 billion in January.

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