New Zealand’s Q1 Terms Of Trade Slide 1.9%
New Zealand's terms of trade fell 1.9 percent on quarter in the first three months of 2018, Statistics New Zealand said on Friday.Original Article Read More →
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OECD Sees Strong Global Growth Amid Looming Risks
The Organization for Economic Cooperation & Development said the global economy is undergoing stronger growth underpinned by a rebound in trade, higher investment and buoyant job creation. Nonetheless, the OECD emphasized significant risks posed by trade tensions, financial market vulnerabilities Read More →
Eurozone Economic Confidence Weakens To 9-Month Low
Eurozone economic sentiment deteriorated to a 9-month low in May as the currency bloc experienced slower growth, survey results from the European Commission revealed Wednesday. The economic confidence index dropped to 112.5 in May from 112.7 in April. This was Read More →
Trade wars get the limelight as fears re-surface; Euro’s recovery stalls on Spain
US equities dipped lower at Thursday’s close as concerns over trade wars re-surfaced. Sentiment in Asia was fairly similar, although so far we did see some mixed results across the major Asian equity indices.
Focus shifts from Italy’s political Read More →
Crypto Lexicon – BLOCKCHAIN
BLOCKCHAIN is an open distributed ledger that records transactions in blocks that are secured cryptographically. This is the underlying technology of Bitcoin. This digital decentralized ledger records transactions permanently, meaning they cannot be changed in future. BLOCKCHAINs keep growing as Read More →
Euro nudges up as concerns ebb
The Euro bounced higher on Wednesday following news reports which eased forex investor’s concerns over euro zone turmoil. In Italy, the 5-Star party, the largest party in the new parliament, will reportedly try again to form a deal to prevent Read More →