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EUR-USD3-011818.jpg The dollar got off to a positive start Thursday, but has since turned lower against all of its major rivals. Investors were treated to a trio of U.S. economic reports this morning. While traders were encouraged by better than expected weekly jobless claims data, housing starts and the Philly Fed index...

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.

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.

bitcoin1-011818.jpg Bitcoin was the wonderkid of the financial markets in 2017 with the price of the cryptocurrency, once dismissed as something reserved for the geeks, cryptography enthusiasts and the darknet, skyrocketing to unprecedented levels, alternating with several nosedives.

ChinaGDP-011818.jpg China's economic expansion exceeded the government's full year target in 2017 as growth accelerated for the first time in seven years. In 2017, gross domestic product expanded 6.9 percent, the National Bureau of Statistics reported Thursday. This was bigger than the government's target of about 6.5 percent and the 6.7 percent growth posted in 2016, which was the weakest in 26 years.

unemployment-021010.jpg The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in December, the Australian Bureau of Statistics said on Thursday. That was above forecasts for 5.4 percent, which would have been unchanged from November. The Australian economy added 34,700 jobs last month to 12,440,800,...

EUR-USD4-0117.jpg The dollar is turning in a mixed performance against its major rivals Wednesday afternoon. The buck is up slightly against the Euro and the Japanese Yen, but has dropped to over an 18-month low against the British pound. The U.S. economy continue to expand at a "modest to moderate" pace in December...

cryptocurrencies2-011718.jpg The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it's shutting down its platform and cryptocurrency exchange. Amid all the gloom, two...

blockchain-markets-011718.jpg The investing world will be presented with two new products on Wednesday that try to cash in on the blockchain technology that underlies Bitcoin. Reality Shares Inc. and Amplify Investments LLC are launching their Exchange-Traded Funds, or ETFs, focused on investing in companies that lead in the research...

BoonePickens-Bitcoin-011718.jpg American oil tycoon and financier T. Boone Pickens is not at all enthusiastic about cryptocurrencies. The reason is the term itself. "At 89, anything with the word "crypt" in it is a real turnoff for me," the 89-year old famed Texas corporate raider said on Tuesday, in a reply to a question on his Twitter account.

GuoShuqing-CBRC-011718.jpg Imperfect internal control mechanisms in financial institutions, high bad debt and shadow banking have impact on the financial system, Guo Shuqing, chairman of the China Banking Regulatory Commission, told the newspaper People's Daily in an interview, published on Wednesday. The resulting hidden dangers threaten China's financial stability, Guo said.

cryptocurrency-down-011718.jpg Bitcoin and other major cryptocurrencies extended their sharp fall from Tuesday into Wednesday morning on prevailing concerns of South Korea and China, the two leading crypto markets, planning severe crackdown on the digital currency market. As of 2.03 am ET on Wednesday, the largest cryptocurrency...

EEP22-011515_16Jan18.jpg Final consumer price data from euro area is due on Wednesday, headlining a light day for the European economic news.

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