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germaninvestorconfidence-032018.jpg Germany's economic confidence deteriorated sharply to a one-and-a-half-year low in March on fears of US led trade conflicts, survey data from the Mannheim-based think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment dropped more-than-expected to 5.1 in March from 17.8 in February. This was the lowest score since September 2016 and well below the expected level of 13.0.

sierraleone-blockchain-032018.jpg West African country Sierra Leone's National Electoral Commission said that blockchain technology was never used in the recently concluded presidential election. Citing its Chair Mohamed Conteh, the NEC said on Twitter that it has not used, and is not using blockchain technology in any part of the electoral process.

inflation-uk-032018.jpg UK inflation eased more-than-expected to a 7-month low in February, as the effects from the deterioration in pound after the Brexit vote fades. Consumer price inflation slowed more-than-expected to 2.7 percent from 3 percent in January, figures from the Office for National Statistics revealed Tuesday. This was the weakest figure since last July, when prices rose 2.6 percent. Economists had fore

trump-maduro-petro-032018.jpg The U.S. Government has banned Americans from purchasing or dealing with any cryptocurrency issued by Venezuela, and imposed a fresh round of sanctions targeting Venezuelan government associates. An executive order signed by President Donald Trump Monday makes it illegal for the U.S. citizens and entities to engage in financial transactions involving Petro, the digital currency of Venezuela.

cryptocurrency-dailyroundup-032018.jpg Bitcoin's unfolding is mirroring the crash of the Nasdaq during the dot-com bubble, but the cryptocurrency's pace is 15 times faster. Social media outlet Twitter may also be planning to block cryptocurrency related advertisements, while a leading payment processing company has said it is open to working with central bank-backed digital currencies. And the Bitcoin price has moved up further.

kevinoleary-ico-032018.jpg Kevin O'Leary, investor and "Shark Tank" television show participant, announced that he is part of a deal in which a "prestigious" hotel in New York is selling ownership in the company through a token sale. He predicts that asset-based coins will someday replace small-cap stocks.

eep16-011515_20mar18.jpg Inflation from the UK and economic sentiment from Germany are due on Tuesday, headlining a busy day for the European economic news. At 2.45 am ET, the State Secretariat for Economic Affairs releases Swiss quarterly economic forecast. At 3.00 am ET, Destatis is slated to issue Germany's producer prices for February.

rba-030618.jpg Members of the Reserve Bank of Australia's monetary policy board said that the global economy is experiencing acceptable overall improvement, minutes from the board's March 6 meeting revealed on Tuesday. They added that the domestic economy could be hampered by an appreciating exchange rate, the minutes...

trade.jpg House prices in Australia climbed 1.0 percent on quarter in the fourth quarter of 2017, the Australian Bureau of Statistics said on Tuesday. That exceeded expectations for a flat reading following the 0.2 percent decline in the third quarter. On a yearly basis, house prices jumped 5.0 percent -...

eur-usd4-031918.jpg The dollar is losing ground against all of its major rivals Monday afternoon. Traders are in a cautious mood ahead of Wednesday's policy decision from the Federal Reserve. The Fed will kick off its 2-day meeting tomorrow morning and is widely expected to raise interest rates by 25 basis points. Traders...

yigang-pboc-031918.jpg China's legislature on Monday nominated Yi Gang, vice-governor of the People's Bank of China, as its new chief. Yi will replace Zhou Xiaochuan, who has been at the helm of the PBoC for 15 years. Zhou has headed the central bank during the turbulent period of the global financial crisis. At the annual session of the 13th National People's Congress, delegates voted to appoint Yi as PBoC governor.

cryptocurrency-dailyroundup-031918.jpg Cryptocurrency prices rebounded at the start of the week as sentiment improved after the G20 signaled that is it not planning to regulate cryptocurrencies for now as they do not pose considerable risk to financial stability. Separately, a central banker also expressed concern that regulation of cryptocurrencies must not stifle innovation.

britishchamberofcommerce-031918.jpg The British Chambers of Commerce raised its growth projections for both this year and next citing strong consumer spending driven by a pick-up in pay growth. The UK economy is forecast to grow 1.4 percent this year instead of 1.1 percent projected earlier. The outlook for 2019 was lifted to 1.5 percent from 1.3 percent. The lobby forecast 1.6 percent expansion for 2020.

EUR-USD4-031618.jpg The dollar took a hit Friday morning due to political uncertainty, following reports that President Donald Trump plans to remove national security adviser H.R. McMaster. However, the buck has bounced back following the release of some better than expected economic data. New residential construction...

MAS-RaviMenon-Bitcoin-031618.jpg Central banks and regulators are finding it a challenge to regulate cryptocurrencies, but they must be careful that innovation is not stifled in their eagerness to rein in these new tokens, Monetary Authority of Singapore Managing Director Ravi Menon said.

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