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Economy And The Numbers

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The industrial sector confidence index fell by 2.8 points in June from May to 89.5 points - the lowest level since February, with worsening assessments about the current and future scenario. The Current Situation Index (ISA) fell 2 points, to 87 points, while the Expectations Index (EI) decreased 3.6...

Brazil's center-south sugarcane crush for the 2017/2018 harvest was 9.62% down until June 16 compared to the same period a year ago, totaling 151.251 million tons, said the Union of Sugarcane Industry (Unica). Sugarcane crushing for the current harvest started in April. Total ethanol production reached...

The Brazilian economy is expected to grow in 2017, but at a slower pace than the previously expected 0.5%, said Finance Minister Henrique Meirelles. It is the second time this year that the government revises down the official forecast for Gross Domestic Product (GDP) growth. The initial estimate was...

Brazil's Central Bank cut its projection for credit growth this year, from 2% to 1%, said the deputy chief of the economic department in the monetary authority, Fernando Rocha. He blamed the revision on the weak economic activity and the lack of recovery in corporate credit. Total credit volume in...

South American shares ended higher, boosted by rising risk appetite in international markets. In Brazil, stocks continued their way up even after recent political turmoil involving the country's president. ARGENTINA Merval Index rose by 0.78%, closing at 21,394.31 points after shares of Transportadora...

Retail sales in Japan were down a seasonally adjusted 1.6 percent on month in May, the Ministry of Economy, Trade and Industry said on Thursday. That missed forecasts for a decline of 1.0 percent following the 1.4 percent increase in April. On a yearly basis, retail sales climbed 2.0 percent -...

Japan will on Thursday release May figures for retail sales, highlighting a modest day for Asia-Pacific economic activity. Retail sales are expected to fall 1.0 percent on month and rise 2.8 percent on year after gaining 1.4 percent on month and 3.2 percent on year in April. Sales from large retailers...

BOE-Carney-062817.jpg Monetary stimulus may need to be withdrawn to some extent in future, Bank of England Governor Mark Carney said Wednesday, altering his view from earlier this month when the bank left the interest rate and asset purchases unchanged. The pound jumped as Carney made the remark.

PendingHomeSales-062817.jpg Pending home sales in the U.S. unexpectedly decreased for the third consecutive month in May, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index fell by 0.8 percent to 108.5 in May.

Recent financial regulatory proposals made by the U.S. Department of the Treasury are worrying and suggest that some elements of global reform might be postponed or not even implemented, European Central Bank Executive Board member Sabine Lautenschlager said Wednesday. "This involves important areas...

The U.S. trade deficit narrowed in May, a hopeful sign for the economy, the U.S. Census Bureau in its advanced report on international trade said Wednesday. The international trade deficit was $65.9 billion in May, down $1.2 billion from $67.1 billion in April. Exports of goods for May were $127.1...

Brazil's industrial producer prices rose in May, reversing a decline in the previous month, but the annual inflation rate slowed, figures from the statistical office IBGE showed Wednesday. Producer prices edged up 0.12 percent from April, when they fell 0.11 percent. On a year-on-year basis, producer...

Swiss financial analysts' economic expectations for the next six months deteriorated in June, results of a survey by the Credit Suisse bank and the CFA Society Switzerland showed Wednesday. The Credit Suisse CFA Society Switzerland Indicator fell to 20.7 in June from 30.8 in the previous month. The...

JonCunliffe-062817.jpg Bank of England Deputy Governor Jon Cunliffe said Wednesday that this is not the right time to adjust interest rates, a stance in accordance with the views of Governor Mark Carney, but different from the bank's chief economist Andrew Haldane.

The slack in the euro area may be greater than the current estimates and the central bank need to be persistent with its policy efforts to bring inflation back to target of 'below, but close to 2 percent', European Central Bank Vice President Vitor Constancio told CNBC on Wednesday, echoing comments...

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