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Monthly archive September, 2018

South Korea July Current Account Surplus $8.76 Billion

South Korea posted a current account surplus of $8.76 billion in July, the Bank of Korea said on Thursday.Original Article Read More →

China’s Private Sector Growth At 5-Month Low

China's private sector growth slid to a five-month low in August on slower growth in services, survey results published by IHS Markit revealed Wednesday. The Caixin composite output index fell to a 5-month low of 52.0 in August from 52.3 Read More →

USD takes a step back while Aussie enjoys stronger than expected GDP growth; Loonie looks on to latest BoC announcement today

US Dollar ended Tuesday in gains, but evidently some caution has creeped in again this morning as the US Dollar index, measuring the strength of the USD against a basket of six currencies, was marginally lower so far today.

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Cryptocurrency Daily Roundup – Sept. 4

Cryptocurrencies are mixed Tuesday morning with the leader Bitcoin and some peers in the green, while the close rival Ethereum and several others were declining. Overall cryptocurrency market capitalization was $239.71 billion and the Bitcoin dominance rate was 53 percent Read More →

U.S. Consumer Confidence Unexpectedly Jumps To Nearly 18-Year High

A report released by the Conference Board on Tuesday showed an unexpected improvement in U.S. consumer confidence in the month of August. The Conference Board said its consumer confidence index surged up to 133.4 in August from an upwardly revised Read More →

UK Shop Prices Rise For First Time In Over 5 Years: BRC

UK shop prices increased for the first time in more than five years in August, the British Retail Consortium said Wednesday. Shop prices edged up 0.1 percent in August, following a 0.3 percent drop in July. This broke a deflation Read More →