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Economy And The Numbers

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The candidate of the Colorado Party, Mario "Marito" Abdo Benitez, won the presidential elections in Paraguay with 46.44% of the votes, said the South American country's electoral council. Abdo Benitez prevailed against his main contender, Efrain Alegre, the candidate of the GANAR coalition, which...

The median forecast for Brazil's consumer price inflation in the next 12 months increased for the fourth consecutive week, to 4.06% from 4.02 last week, according to economists surveyed by the South American country's central bank. For 2018, the economists increased to 3.49%, from 3.48% a week before,...

Economists surveyed by the Brazilian central bank cut their forecasts for economic growth in 2018 for the fourth consecutive week, to 2.75% from 2.76% last week. For 2019, GDP growth projections remained at 3.00% for the twelfth week. Projections for Brazil's debt-to-GDP ratio remained stable at 55.00%...

Economists polled by the Brazilian central bank kept their estimates for the country's benchmark interest rate (Selic) unchanged for the third week at 6.25% at the end of 2018. The forecast for the average rate in 2018 also remained stable at 6.34%. For 2019, estimates remained at 8.00% for the fourteenth...

existinghomesales-042318.jpg A report released by the National Association of Realtors on Monday showed existing home sales in the U.S. increased by much more than expected in the month of March. NAR said existing home sales climbed by 1.1 percent to an annual rate of 5.60 million in March.

eurozonepmi-042318.jpg Eurozone private sector logged a moderate expansion in April, amid signs of weaker growth of demand and supply constraints. The composite output index remained unchanged at 55.2 in April, flash survey results from IHS Markit showed Monday. The score was forecast to drop to 55.0. A score above 50 indicates expansion in the private sector.

rbi-cryptocurrencies-042318.jpg The High Court of the Indian capital Delhi has issued a notice to the Reserve Bank of India (RBI), the Ministry of Finance, and the Goods and Services Tax Council (GST Council) accepting a complaint challenging the central bank's ban on the country's commercial banks from providing services to investors...

fud-cryptocurrency-042318.jpg FUD simply means "fear, uncertainty and doubt". Misinformation will be spread deliberately with the intention of feeding it into the overall market sentiment. Such misinformation would be usually spread through comments in crypto discussion forums on reddit and other social media. Some comments made by personalities on TV can also be treated as FUD.

Poland's retail sales grew more than expected in March, data from the Central Statistical Office revealed Monday. Retail sales rose 8.8 percent year-on-year in March, faster than the 7.7 percent growth seen in February. Sales were forecast to expand 7.9 percent. On a monthly basis, retail sales...

Story updated Taiwan's industrial production recovered in March, figures from the Ministry of Economic Affairs showed Monday. Industrial output grew 3.09 percent annually, reversing a 2.22 percent fall in February. Output was forecast to grow 2.1 percent. Mining and quarrying output dropped...

The euro area government deficit narrowed in 2017, data published by Eurostat showed Monday. The government deficit to GDP ratio fell to 0.9 percent from 1.5 percent in 2016. The government deficit totaled EUR 98.92 billion compared to EUR 159.01 billion last year. In the EU28, the deficit to...

Hong Kong's consumer price inflation accelerated in March, the Census and Statistics Department said Monday. Consumer prices climbed 2.6 percent year-on-year in March, faster than the 2.4 percent increase in January to February period. This was also faster than the 2.5 percent rise economists had...

Taiwan's unemployment rate was broadly unchanged at 3.7 percent in March, preliminary data from the statistical office showed Monday. The jobless rate eased slightly to 3.66 percent from 3.70 percent in February. That was in line with expectations. The rate has been hovering around 3.7 percent since...

Eurozone private sector expanded at a steady pace in April, flash survey results from IHS Markit showed Monday. The composite output index remained unchanged at 55.2 in March. The score was forecast to drop to 55.0. A score above 50 indicates expansion in the private sector. The unchanged reading...

Germany's private sector grew solidly at the start of the second quarter, survey results from IHS Markit showed Monday. The flash composite output index improved unexpectedly to 55.3 in April from 55.1 in March. The reading was forecast to fall to 54.8. Likewise, the services Purchasing Managers'...

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