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U.S. Consumer Sentiment Unexpectedly Shows Significant Improvement In February

Despite recent volatility on Wall Street, the University of Michigan released a report on Friday unexpectedly showing a significant improvement in U.S. consumer sentiment in the month of February. The preliminary reading on the consumer sentiment index for February came Read More →

U.S. Homebuilder Confidence Holds Steady In February

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

Charlie Munger Calls Bitcoin ‘Noxious Poison’; Wants It Destroyed

Charlie Munger, a billionaire investor who was also a longtime deputy to Warren Buffett, has called on the US Government to destroy Bitcoin because it is a "noxious poison." The Chairman of the Daily Journal Corporation was highly critical of Read More →

JPY garners support as USD weakness persists

Amongst the market movers this morning we see the JPY garnering signifcant support amongst its peers. The USD on the other side was a loser across the board. It Looks like the USD is entering its fourth consecutive daily decline Read More →

U.S. Business Inventories Climb More Than Expected In December

A report released by the Commerce Department on Wednesday showed business inventories in the U.S. rose by slightly more than anticipated in the month of December. The Commerce Department said business inventories climbed by 0.4 percent in December, matching the Read More →

Japan GDP Expands 0.1% On Quarter In Q4

Japan's gross domestic product added a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2017, the Cabinet Office said in Wednesday's preliminary reading.Original Article Read More →

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