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Monthly archive April, 2018

U.S. Leading Economic Index Rises In Line With Estimates In March

A report released by the Conference Board on Thursday showed its index of leading U.S. economic indicators increased in line with economist estimates in the month of March. The Conference Board said its leading economic index rose by 0.3 percent.Read More →

Cryptocurrency Daily Roundup – Apr. 18

Bitcoin rebounded Wednesday morning after a sharp fall late Tuesday, which was apparently due to a "whale dump" that refers to a single seller offloading a significant amount of the top cryptocurrency. The price of Bitcoin dropped more than $200 Read More →

Japan March Trade Surplus Y797.3 Billion

Japan posted a merchandise trade surplus of 797.3 billion yen in March, the Ministry of Finance said on Wednesday - up 32.1 percent on year.Original Article Read More →

Dollar edges higher as risk aversion abates

The dollar nudged higher on Wednesday, as upbeat U.S. economic data lifted the greenback against the yen and headline risks around U.S.-China trade relations and tensions in the Middle East appear to subside.

The greenback was buoyed by better Read More →

U.S. Industrial Production Climbs More Than Expected In March

Partly reflecting a substantial rebound in utilities output, the Federal Reserve released a report on Tuesday showing a slightly bigger than expected increase in U.S. industrial production in the month of March. The report said industrial production climbed by 0.5 Read More →

Chinese GDP up 6.8%; USD looking beyond Syria: focus back to trade policy

Chinese Q1 GDP growth has topped 6.8%, spot on with consensus and previous figures. The Aussie, that many times acts as a proxy for China given the strong economic ties between the two nations, has not showed any enthusiasm so Read More →