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Economy And The Numbers

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The manufacturing sector in New Zealand continued to expand in December, albeit at a sharply lower rate, the latest survey from Business NZ revealed on Friday with a PMI score of 51.2. That's down from 57.7 in November, although it remains above the boom-or-bust line of 50 that separates expansion...

The Brazilian Foreign Trade Chamber (Camex) refrained from adopting anti-dumping duties to imports of rolled steel from Chinese and Russian companies for now, said the Minister of Planning, Dyogo Oliveira, after a meeting. According to the minister, the Camex committee found that steel imports from...

New Zealand will on Friday see December results for the Manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. The index score on November came in at 57.7, well above the boom-or-bust line of 50 that separates expansion from contraction.

The Brazilian Public Prosecutor's Office in São Paulo (MPF-SP) filed a public civil lawsuit against BNY Mellon requesting that the company pays R$ 8.2 billion to Postalis, a social security fund from Brazilian Post employees. According to the prosecutors, BNY Mellon violated local rules while managing...

Colombia's industrial output rose by 0.3% in November on an annual basis, while sales dropped by 0.9% and total personnel employed decreased by 1.5%, said the country's statistics office. In October, also on an annual comparison, industrial production fell 0.3%, sales decreased 0.3%, and personnel...

The Chilean Copper Commission (Cochilco) raised its 2018 average copper price estimate to US$ 3.06 per pound, from US$ 2.95 per pound earlier. For 2019, Cochilco estimates the average price to reach US$ 3.11 per pound. Sergio Hernández, the Commission's Executive Vice President, said that the estimate...

Argentinean state-owned oil company YPF sealed a definitive agreement with Statoil Argentina, a subsidiary of Statoil Holding Netherlands, to the joint exploration and development of the Bajo del Toro area, located in the Argentinean Province of Neuquén. Through the agreements, YPF transferred a 50%...

cryptocurrencies-011818.jpg A cryptocurrency is a digital asset that works on a medium that uses cryptography, the science of hiding information from prying eyes, to secure its transactions, creation, and verification.

Ripple-011818.jpg Ripple is one of the most popular cryptocurrencies in South Korea, a leading market for cryptocurrencies, where both young and old have been investing heavily in these currencies with the hope of making a quick profit. XRP has moved into the top five cryptocurrencies by market capitalization on CoinMarketCap amid their dramatic rise over the last year.

South Africa's central bank kept its key interest rate unchanged on Thursday and gave an upbeat outlook for economic growth, although from a low base. The Monetary Policy Committee of the South African Reserve Bank held its key interest rate steady at 6.75 percent. The decision was taken in a majority...

PhiladelphiaFed-011818.jpg Growth in activity in the Philadelphia-area manufacturing sector slowed by more than anticipated in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity in the region slid to 22.2 in January.

Housingstarts-US-011818.jpg A report released by the Commerce Department on Thursday showed a steep drop in new residential construction in the U.S. in the month of December. The report said housing starts tumbled by 8.2 percent to an annual rate of 1.192 million in December.

Joblessclaims-US-011818.jpg First-time claims for U.S. unemployment benefits pulled back to their lowest level in nearly 45 years in the week ended January 13th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 220,000.

Growth in activity in the Philadelphia-area manufacturing sector slowed by more than anticipated in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday.

A report released by the Commerce Department on Thursday showed a steep drop in new residential construction in the U.S. in the month of December.

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