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Monthly archive August, 2018

Cryptocurrency Daily Roundup – Aug. 21

Most cryptocurrencies, including the leader Bitcoin, extended their losses Tuesday morning amid an erosion in market capitalization. As of 10.46 am ET, overall cryptocurrency market capitalization was $208.88 billion and the Bitcoin dominance rate rose to 53 percent on CoinMarketCap.Read More →

Dollar’s retreat continues ahead of US-China talks; sentiment on equities broadly positive this morning with the exception of ASX

US Dollar continued heading lower on Tuesday, entering a fourth consecutive day of declines.

President Trump’s criticism of the Fed’s raising of interest rates last Monday hasn’t been helping the USD as it heads lower against its major peers. Read More →

New Zealand Q2 Producer Price Outputs Rise 0.9% On Quarter

Producer price outputs in New Zealand climbed 0.9 percent on quarter in the second quarter of 2018, Statistics New Zealand said on Friday.Original Article Read More →

Risk aversion abates as US-China set to talk

The dollar nudged higher on Monday on confirmation that talks will be held this week between China and the United States, which investors hope will lead to an easing of their trade disputes.

The dollar against its major rivals Read More →

U.S. Labor Productivity Shows Substantial Increase In Q2

A report released by the Labor Department on Wednesday showed labor productivity in the U.S. spiked by more than expected in the second quarter, while unit labor costs unexpectedly decreased. The Labor Department said productivity shot up by 2.9 percent Read More →

U.S. Business Inventories Inch Up In Line With Estimates In June

A report released by the Commerce Department on Wednesday showed a modest uptick in U.S. business inventories in the month of June. The Commerce Department said business inventories crept up by 0.1 percent in June after rising by a downwardly Read More →