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New Zealand Building Permits Slide 10% In July

The total number of building permits consented in New Zealand fell a seasonally adjusted 10 percent on month in July, Statistics New Zealand said on Thursday - standing at 2,752.Original Article Read More →

U.S. GDP Growth Unexpectedly Upwardly Revised To 4.2% In Q2

Economic activity in the U.S. grew by slightly more than initially estimated in the second quarter, according to a report released by the Commerce Department on Wednesday. The report said real gross domestic product climbed by 4.2 percent in the Read More →

US-Mexico trade deal soothes market concerns, but US-China trade war still overshadows

US Dollar index touched 4-week lows at 94.43 during Monday’s session. The US Dollar index is an index gauging the strength of the USD against a basket of other currencies. So far USD performance this morning is verging onto a Read More →

Cryptocurrency Daily Roundup – Aug. 28

Cryptocurrencies extended their gains from Monday with Bitcoin breaching the $7,000 mark for the first time early August. As of 10.48 am ET, Tuesday, overall cryptocurrency market capitalization grew to $229.67 billion and the Bitcoin dominance rate was 53 percent Read More →

Dollar retreates despite Powell’s affirmation for gradual rate hikes

Appeal for the dollar as a safe-haven diminished on Monday after risk sentiment in the broader markets improved following a well-received speech from Federal Reserve Chairman Jerome Powell.

At the closely watched symposium at Jackson Hole, Wyoming, the Fed Read More →

Cryptocurrency Daily Roundup – Aug. 23

Bitcoin and its peers are trending lower after the US regulator rejected several applications for cryptocurrency exchange-traded-funds. Overall cryptocurrency market capitalization was $208.82 billion and the Bitcoin dominance rate was 53.3 percent as of 11.06 am ET on CoinMarketCap.Original Read More →

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