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Monthly archive September, 2018

U.S. Homebuilder Confidence Holds Steady In September

Homebuilder confidence in the U.S. remained firm in the month of September, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index came in at 67 in Read More →

Bank Of Japan Maintains Massive Monetary Stimulus

The Bank of Japan maintained its ultra-loose monetary policy at its September meeting after tweaking its stance in July. The policy board voted 7-2 to purchase government bonds so that the yield of 10-year JGBs will remain at around zero Read More →

UK Inflation Rises Unexpectedly In August

UK inflation rose unexpectedly in August, squeezing consumers' disposable income even as wages showed signs of recovery. Consumer price inflation increased to 2.7 percent in August from 2.5 percent in July, the Office for National Statistics reported Wednesday. A similar Read More →

U.S. Housing Starts Spike In August But Building Permits Slump

A report released by the Commerce Department on Wednesday showed a sharp increase in new residential construction in the U.S. in the month of August, although the report also showed a steep drop in building permits during the month.Original Read More →

Cable lower as caution sets on Brexit deal

The dollar hovered close to a seven-week low against a basket of its major rivals on Thursday, as safe-haven demand for the greenback diminished as the China-U.S. trade war may not be as damaging as initially feared.

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Cryptocurrency Daily Roundup – Sept. 19

Leading cryptocurrencies, Bitcoin and Ethereum, are trending down Wednesday morning, while some altcoins including Ripple, are rising. Overall cryptocurrency market capitalization was $198.37 billion and the Bitcoin dominance rate was 55.2 percent as of 10.55 am ET on CoinMarketCap.Original Read More →