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Singapore will on Monday release June numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In May, inflation was up 0.6 percent on month and 0.4 percent on year. Hong Kong also will release June figures for consumer prices; in May, inflation was up 2.1 percent on year.

Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and 1,168,192 layoffs. In the same month of last year, the Brazilian economy registered net creation of 9,821 jobs, according to data released by the Ministry of Labor. In the first half of 2018, the country created...

The Brazilian government revised the expectation of growth of the Gross Domestic Product (GDP) downward in 2018. The growth forecast fell to 1.6%, from 2.5%. The estimate was disclosed in the third-quarter earnings and expenses evaluation report. The expectation for inflation was revised upwards,...

The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday after centrist parties had signaled support to the pro-market PSDB pre-candidate Geraldo Alckmin, bringing relief to the political scene. The support of centrist parties to Alckmin pleased the market since there was...

TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 335 million. Net revenue rose 5.8% in the same comparison and totaled R$ 4.2 billion. Revenue from mobile services increased 5.7%, to R$ 3.8 billion. Landlines service revenue climbed 5.6%, to R$ 206 million, while revenue...

The preliminary official consumer price inflation index in Brazil (IPCA-15) lost strength and rose 0.64% in July over June (+ 1.11%), the highest variation for the month since 2004 (+0.93%), reported the Brazilian official statistics office. The result was below the median of expectations, of +0.71%. As...

Brazil's Embraer delivered 48 aircraft in the second quarter of 2017 (28 commercial and 20 executives jets), 11 fewer than in the same period of the previous year. On June 30, Embraer's backlog totaled US$ 17.4 billion, down 5.9% from the second quarter of 2017, when it closed at US$ 18.5 billion....

The preview of the Get?lio Vargas Foundation's Industrial Confidence Index (ICI) shows a drop of 0.5 point in July compared to the end of June, to 99.6 points. The preliminary result reflects the worsening in the evaluation of the expectations of the sector. If confirmed, that would be the Brazilian...

Brazil's TIM Participalles' net income increased 53.2% in the second quarter compared to the same period of 2017, to R$ 335 million. The company's net revenue increased 5.8% on the same comparison basis, to R$ 4.171 billion. Revenue from mobile services increased 5.7%, to R$ 3.758 billion, while revenue...

india-crypto-ban-072018.jpg The Supreme Court of India has set September 11 as the final hearing date on a set of writ petitions challenging the central bank's ban on the country's commercial banks from providing services to investors in digital currencies. The apex court resumed hearing on petition by the Internet and Mobile Association of India (IAMAI) Friday. After hearing some arguments from IAMAI and the Reserve Bank,

rttnewspaper-july20.jpg Cryptocurrencies led by Bitcoin had a good week with gains and robust volumes. While the leader held on to gains, several altcoins lost ground as the week progressed. After opening the week on a strong note, the cryptocurrency market sustained the upward momentum that saw the top cryptocurrency Bitcoin spike on Tuesday to cross the $7,000 mark. Volumes surged in tandem.

dailycrypto-july20.jpg Bitcoin was in the green Friday morning, holding above $7,400, while several altcoins including Ethereum were declining. Overall cryptocurrency market capitalization also shrunk and was $284.11 billion as of 10.09 am ET on CoinMarketCap.

seikonoda-july20.jpg A Japanese Minister has denied links to an unregistered cryptocurrency exchange, which is under probe for allegedly violating the Japanese fund settlement law. Japan's Financial Services Agency had warned the Tokyo-based company in January that it was suspected of violating the law on payment services by operating a cryptocurrency exchange as it was not registered to do so, Japanese media reported

pound-july20.jpg The UK budget deficit narrowed in June on higher revenue and lower expenditure and public borrowing for the quarter ended June reached its lowest level since 2007, the Office for National Statistics reported Friday. Public sector net borrowing, excluding public sector banks, dropped by GBP 0.8 billion to GBP 5.4 billion. This was the lowest June net borrowing since 2016.

ukflag-july20.jpg Public sector finance data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer price figures. Economists forecast producer prices to rise 3 percent annually in June, faster than May's 2.7 percent increase....

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