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New Zealand September Credit Card Spending Climbs 1.3%

Overall credit card spending in New Zealand advanced a seasonally adjusted 1.3 percent on month in September, Statistics New Zealand said on Wednesday - accelerating from the 1.1 percent gain in August.Original Article Read More →

U.S. Factory Orders Surge Up More Than Expected In August

After reporting a pullback in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Thursday showing a substantial rebound in factory orders in the month of August. The Commerce Department said factory Read More →

Cryptocurrency Daily Roundup – Oct. 4

Cryptocurrencies, led by Bitcoin, are trading higher Thursday morning, as some positive news of more institutional investment and mainstream adoption boosted sentiment. Among altcoins, XRP or Ripple got a boost as Japan's SBI Holdings blockchain-based money transfer app Money Tap Read More →

Dollar firms as China eases policy

The People's Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) in cash into the banking system. Read More →

UK Construction Growth At 6-month Low

UK construction growth was the weakest in six months in September, defying expectations for an improvement, as all three sub-sectors lost momentum. The CIPS UK construction purchasing managers' index fell to 52.1 from 52.9 in August, survey data from Read More →

Powell: Fed Ready To Act To Material Changes To Inflation Expectations

Federal Reserve Chairman Jerome Powell delivered remarks on monetary policy in the current environment of low inflation and low unemployment in remarks at the annual meeting of the National Association for Business Economics on Monday.Original Article Read More →