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Cryptocurrency Daily Roundup - Nov. 14
Wed, 14 Nov 2018 15:09:52 GMT
A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
U.S. Consumer Prices Rise 0.3% In October, In Line With Estimates
Wed, 14 Nov 2018 14:14:20 GMT
Partly reflecting a jump in energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of October. The Labor Department said its consumer price index rose by 0.3 percent.
UK Inflation Steady At 2.4% In October
Wed, 14 Nov 2018 11:03:54 GMT
UK inflation remained unchanged in October, defying expectations for a modest increase, and allows the Bank of England to focus on the strengthening pay growth that can ultimately lead to an interest rate hike, if the Brexit deal is approved in time. The consumer price index rose 2.4 percent year-on-year, same as in September, figures from the Office for National Statistics showed on Wednesday.
German Economy Shrinks Most Since Early 2013
Wed, 14 Nov 2018 07:54:08 GMT
Germany's economy contracted at a faster-than-expected pace in the third quarter, marking the first decline since the first three months of 2015 and the worst fall since early 2013, preliminary figures from the Federal Statistical Office showed on Wednesday. Gross domestic product declined a seasonally and calendar-adjusted 0.2 percent in the three months to September, after expanding 0.5 percent in the second quarter.
European Economics Preview: German GDP, UK Inflation Figures Due
Wed, 14 Nov 2018 05:20:05 GMT
Europe is set for a very busy day on Wednesday with several countries reporting GDP figures for the third quarter, the main among them, Germany. Also, the UK will be releasing its inflation data for October. The Federal Statistical Office is set to release the preliminary estimates for the third quarter GDP at 2 am ET.
Japan GDP Contracts 0.3% On Quarter In Q3
Wed, 14 Nov 2018 00:25:04 GMT
Japan's gross domestic product slipped a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, the Cabinet Office said in Wednesday's preliminary report.
Cryptocurrency Daily Roundup - Nov.13
Tue, 13 Nov 2018 14:40:54 GMT
A summary of some of the popular stories on cryptocurrency and blockchain during the past 24 hours.
UK Jobless Rate, Pay Growth Climb
Tue, 13 Nov 2018 13:50:40 GMT
Britain's unemployment increased and the net pay growth was the fastest in nearly a decade during the September quarter, preliminary data from the Office for National Statistics showed on Tuesday. The UK unemployment rate rose slightly in the three months to September to 4.1 percent. In the past two months, the ILO jobless rate was steady at 4 percent, which was the lowest level since 1975.
German Investor Confidence Unexpectedly Improves In November: ZEW
Tue, 13 Nov 2018 10:43:20 GMT
German investor confidence improved in November, defying expectations for further weakness, survey data from the ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to -24.1 from -24.7 in October, the Mannheim-based think tank said. Economists had forecast a score of -25.9. In September, the score was -10.6.
European Economics Preview: German ZEW, UK Labor Market Data Due
Tue, 13 Nov 2018 05:19:39 GMT
Europe is set for a busy day on the economics front with the ZEW investor confidence survey results from Germany and the labor market data from the UK due. The UK labor market data is due at 4.30 am ET on Tuesday. The ILO unemployment rate is expected to remain unchanged at its 43-year low of 4 percent in the three months to September and employment is forecast to grow 25,000.
U.S. Business Inventories Rise In Line With Estimates In September
Thu, 15 Nov 2018 15:17:00 GMT
Business inventories in the U.S. increased in line with economist estimates in the month of September, according to a report released by the Commerce Department on Thursday.
New York Manufacturing Index Unexpectedly Indicates Faster Growth In November
Thu, 15 Nov 2018 14:50:16 GMT
A report released by the Federal Reserve Bank of New York on Thursday showed the pace of growth in New York manufacturing activity unexpectedly accelerated in the month of November.
Cryptocurrency Daily Roundup - Nov. 15
Thu, 15 Nov 2018 14:44:25 GMT
A summary of some of the popular stories on cryptocurrency and blockchain during the past 24 hours.
Philly Fed Index Indicates Notably Slower Growth In November
Thu, 15 Nov 2018 14:43:23 GMT
Growth in Philadelphia-area manufacturing activity slowed by much more than expected in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
U.S. Import And Export Price Growth Exceeds Estimates In October
Thu, 15 Nov 2018 14:35:45 GMT
A report released by the Labor Department on Thursday showed U.S. import and export prices both rose by more than expected in the month of October.
U.S. Retail Sales Climb More Than Expected Amid Jump In Gas Prices
Thu, 15 Nov 2018 14:22:43 GMT
Retail sales in the U.S. increased by more than anticipated in the month of October, the Commerce Department revealed in a report released on Thursday. The Commerce Department said retail sales advanced by 0.8 percent in October following a revised 0.1 percent dip in September.
U.S. Weekly Jobless Claims Unexpectedly Inch Up To 216,000
Thu, 15 Nov 2018 14:10:22 GMT
First-time claims for U.S. unemployment benefits unexpectedly showed a slight increase in the week ended November 10th, according to a report released by the Labor Department on Thursday.
Indonesia Raises Key Rate Unexpectedly For Sixth Time
Thu, 15 Nov 2018 13:26:09 GMT
Indonesia's central bank hiked its key interest rate unexpectedly in November, after leaving unchanged in October following two hikes, as it tries to lower the country's current account deficit. The Board of Governors hiked the 7-day reverse repo by 25 basis points to 6 percent, Bank Indonesia said on Thursday.
Philippine Central Bank Unexpectedly Hikes Key Rate For Fifth Straight Session
Thu, 15 Nov 2018 12:43:58 GMT
The Philippines' central bank unexpectedly raised its key interest rate on Thursday for a fifth consecutive session, citing upside risks to the inflation outlook. The Monetary Board, led by Governor Nestor Espenilla Jr., raised its benchmark interest rate by 25 basis points to 4.75 percent, the Bangko Sentral Ng Pilipinas said. Economists had expected the bank to leave rates unchanged.
UK Retail Sales Unexpectedly Fall In October
Thu, 15 Nov 2018 11:00:17 GMT
UK retail sales declined for a second straight month in October, defying expectations for an increase, amid a sharp decrease in sales of household goods, preliminary data from the Office for National Statistics showed on Thursday. Sales volume including automotive fuel dropped 0.5 percent from September, when they fell 0.4 percent, revised from a 0.8 percent slump.
European Economics Preview: UK Retail Sales, Eurozone Trade Data Due
Thu, 15 Nov 2018 06:46:05 GMT
Europe is set for a relatively calm day on the economic data front on Thursday with major releases due being the UK retail sales and Eurozone trade data. The Office for National Statistics is set to release the UK retail sales data for October at 4.30 am ET. Sales excluding auto fuel are expected to rise 0.2 percent after a 0.8 percent fall in September.
Australia Unemployment Rate Unchanged At 5.0% In October
Thu, 15 Nov 2018 01:45:05 GMT
The jobless rate in Australia came in at a seasonally adjusted 5.0 percent in October, the Australian Bureau of Statistics said on Thursday.
New Zealand Credit Card Spending Slides 0.1% In October
Sun, 11 Nov 2018 23:44:39 GMT
The total value of overall credit card spending in New Zealand was down a seasonally adjusted 0.1 percent on month in October, Statistics New Zealand said on Monday.
New Zealand Food Prices Climb 0.3% In October
Mon, 12 Nov 2018 22:30:40 GMT
Food prices in New Zealand advanced a seasonally adjusted 0.3 percent on month in October, Statistics New Zealand said on Tuesday.
Cryptocurrency Daily Roundup - Nov. 12
Mon, 12 Nov 2018 15:05:43 GMT
A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Cryptocurrency Daily Roundup - Nov. 12
Mon, 12 Nov 2018 15:02:21 GMT
A summary of some of the widely followed news on cryptocurrency and blockchain during the past 24 hours.
Crypto Weekly - Nov. 16
Fri, 16 Nov 2018 23:01:05 GMT
Here is a collection of the popular stories from the cryptocurrency and blockchain space this week.
U.S. Industrial Output Edges Up Slightly In October
Fri, 16 Nov 2018 15:23:24 GMT
Industrial production in the U.S. increased marginally in October, falling short of expectations, according to a report released by the Federal Reserve on Friday.
Hong Kong Economic Growth Sharply Slows In Q3
Fri, 16 Nov 2018 12:43:48 GMT
Hong Kong's economic growth slowed sharply in the third quarter on weaker consumption, figures from the Census and Statistics Department showed on Friday. Gross domestic product grew 2.9 percent year-on-year following a 3.5 percent expansion in the second quarter. The latest pace of growth was the slowest since 2016.
ECB's Draghi Hints At Possible Inflation Slowdown
Fri, 16 Nov 2018 12:00:37 GMT
Eurozone's growth would continue at a gradual pace, but there was a chance that core inflation may be slow in picking up in future, if uncertainty regarding the economic situation persisted, European Central Bank President Mario Draghi warned on Friday. "There is certainly no reason why the expansion in the euro area should abruptly come to an end," Draghi said in a speech.
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Sat, 17 Nov 2018 16:00:11 GMT
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