RTT - Economic News
Crypto Lexicon - REKT
Wed, 25 Apr 2018 11:40:35 GMT
Borrowed from online gaming slang, REKT means wrecked or ruined, usually in reference to a big loss suffered in a cryptocurrency trade. An example from a reddit post: "I saw a 12 Million Dollar position get liquidated last night, some people got completely rekt."
Spain's Producer Price Inflation Rises In March
Wed, 25 Apr 2018 09:40:29 GMT
Spain's producer price inflation rose slightly in March, the statistical office INE showed Wednesday.
Poland Unemployment Rate Falls Less Than Expected
Wed, 25 Apr 2018 09:30:42 GMT
Poland's unemployment rate decreased less than expected in March, data from the Central Statistical Office showed Wednesday.
Swiss Investor Confidence Weakest Since Late 2016
Wed, 25 Apr 2018 09:14:42 GMT
Switzerland's investor confidence deteriorated further in April, survey data from the investment bank Credit Suisse and the CFA Society Switzerland showed Wednesday.
France Consumer Sentiment Improves In April
Wed, 25 Apr 2018 07:17:40 GMT
France consumer confidence improved unexpectedly in April, survey data from the statistical office Insee showed Wednesday.
Austria Production Index Climbs In February
Wed, 25 Apr 2018 07:10:23 GMT
Austria's production index expanded in February from a year ago, data from Statistics Austria showed Wednesday.
German Construction Orders Rise In February
Wed, 25 Apr 2018 06:20:02 GMT
Germany's construction orders grew notably in February, figures from Destatis showed Wednesday.
European Economics Preview: France Consumer Confidence Data Due
Wed, 25 Apr 2018 05:49:00 GMT
Consumer confidence from France is due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, the French statistical office Insee publishes consumer sentiment survey results. The indicator is forecast to remain unchanged at 100 in April.
Japan All Industry Activity Rises Less Than Forecast
Wed, 25 Apr 2018 04:45:20 GMT
Japan's all industry activity rebounded at a slower-than-expected pace in February, data from the Ministry of Economy, Trade and Industry showed Wednesday.
South Korea Consumer Confidence Weakens Further
Wed, 25 Apr 2018 04:06:14 GMT
South Korea's consumer confidence weakened for the fifth successive month in April, survey data from Bank of Korea showed Wednesday.
Losing Streak May Continue For South Korea Shares
Tue, 24 Apr 2018 23:00:04 GMT
The South Korea stock market has finished lower in three straight sessions, sliding more than 20 points or 0.9 percent along the way. The KOSPI now rests just beneath the 2,465-point plateau and it's tipped to open in the red again on Wednesday.
BRAZIL: Ibovespa Falls With Risk Aversion, Rise In Treasuries Yields
Tue, 24 Apr 2018 22:31:12 GMT
Ibovespa, the benchmark stock index in Brazil, closed down by 0.16%, to 85,469.08 points, amid increasing risk aversion in the face of the rising yields of the 10-year Treasuries, which broke the 3% barrier for the first time since 2014. In the geopolitical arena, the uncertainty of Donald Trump's course of action regarding the nuclear deal with Iran increased the risk aversion.
ARGENTINA: Aerolineas Eliminates Business Class In Domestic Flights
Tue, 24 Apr 2018 22:08:57 GMT
Aerolineas Argentinas plans to eliminate the business class in domestic flights, said Mario Dell'Acqua, the company's chairman, at a joint press conference along with Transport Minister Guillermo Dietrich and Mauricio Macri's Chief-of-Staff Marcos Pera.
Japan All Industry Activity Index Due On Wednesday
Tue, 24 Apr 2018 22:00:04 GMT
Japan will on Wednesday see February figures for its all industry activity index, highlighting a light day for Asia-Pacific economic activity.
ECUADOR: Government Assesses CAN Resolution On Withdrawal Of Customs Fee
Tue, 24 Apr 2018 21:51:28 GMT
Ecuador evaluates the recent resolution of the General Secretariat of the Andean Community (CAN) that rules the withdrawal of the Customs Control Service Fee.
UNASUR: Bolivia To Seek Consensus With Countries That Suspended Presence
Tue, 24 Apr 2018 20:36:08 GMT
Bolivia's President Evo Morales intends to open talks with his counterparts in the six countries that suspended his participation in the Union of South American Nations (Unasur) to find consensus in the election of the new Secretary General of that multilateral organization, said the official Bolivian news agency.
BRAZIL: INDA May Revise Down Forecast For Steel Sales High In 2018
Tue, 24 Apr 2018 20:18:03 GMT
Brazil's National Institute of Steel Distributors (INDA) may revise down its forecast for steel sales this year in the face of a slowdown in the pace of economic growth, said the entity's chairman, Carlos Loureiro.
BRAZIL: Consumer Confidence Index Drops In April - FGV
Tue, 24 Apr 2018 19:59:59 GMT
Brazil's Consumer Confidence Index (ICC) fell by 2.6 points to 89.4 points in April over March, according to a Getulio Vargas Foundation (FGV) survey. Over the same month in 2017, however, there was a 7.2-point increase.
ECUADOR: Moreno Claims That ELN Has Not Agreed To Abandon Violence
Tue, 24 Apr 2018 19:39:18 GMT
The president of Ecuador, Lenin Moreno, claimed that the National Liberation Army (ELN) Colombian guerrilla group has not accepted to abandon violent activities. He made the comment after the departure of the delegates of the ELN, who was in Ecuador to take part in the fifth round of the peace talks with Colombia's government.
BRAZIL: Flat Steel Sales Up 3.4% In March To 262.9 Thousand Tons
Tue, 24 Apr 2018 16:41:56 GMT
Flat steel sales in Brazil rose 3.4% in March 2018 compared to the same period in 2017, reaching 262.9 thousand tons, said the country's Institute of Steel Distributors (INDA). Compared to the previous month, there was a 1.2% increase.
BRAZIL: Lula Defense Team Files Appeal To Higher Courts
Tue, 24 Apr 2018 16:30:28 GMT
The defense team of former President Luiz Inacio Lula da Silva last night filed a special appealing to Brazil's Higher Court of Justice (STJ) and in the Federal Supreme Court (STF) contesting the 12 years and a month jail sentence on corruption and money laundering charges.
U.S. Consumer Confidence Unexpectedly Improves In April
Tue, 24 Apr 2018 14:34:51 GMT
After reporting a pullback in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing an unexpected rebound in consumer confidence in the month of April. The Conference Board said its consumer confidence index rose to 128.7 in April.
U.S. New Home Sales Jump Much More Than Expected In March
Tue, 24 Apr 2018 14:21:20 GMT
New home sales in the U.S. jumped by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said new home sales soared by 4.0 percent to an annual rate of 694,000 in March.
Crypto Lexicon - AIRDROP
Tue, 24 Apr 2018 13:35:47 GMT
A common word in the crypto sphere these days, AIRDROP is a way to distribute a new coin or token. In an AIRDROP, coins or tokens are distributed to the community for free or as a reward for participation in the project. Most of the times, the only requirement for receiving coins or tokens in an AIRDROP is to have a relevant blockchain wallet.
Bitcoin Climbs To 44-day High As Price Rally Continues
Tue, 24 Apr 2018 13:01:40 GMT
Bitcoin, which has been steadily recovering for the past few weeks, crossed the $9,000 mark on Tuesday to hit a 44-day high of $9337. After hitting $9532 on March 11, the most popular cryptocurrency has been showing a downward trend until falling down to 6620 on April 6. Since then, the Bitcoin market was going through a mid-term recovery, and rose by more than a third in value over the last two
German Business Confidence At 13-Month Low
Tue, 24 Apr 2018 12:24:07 GMT
German business confidence deteriorated more-than-expected to a 13-month low in April on trade tensions, survey data from the Munich-based Ifo Institute showed Tuesday. The business sentiment index fell to 102.1 from 103.3 a month ago. This was the lowest reading since March 2017, when the reading was 101.3. The score was forecast to drop moderately to 102.8.
Venture Capitalist Draper Says Bitcoin To Be Bigger Than Internet
Tue, 24 Apr 2018 11:24:35 GMT
Venture capitalist Tim Draper predicted that Bitcoin could be bigger than the internet. Draper also said that the top cryptocurrency would be bigger than his early investments in Tesla, Hotmail and Skype, combined, CNBC reported citing comments the investor made during a debate.
Japan Supermarket Sales Drop In March
Tue, 24 Apr 2018 10:53:23 GMT
Japan's supermarket sales dropped in March from a year ago, though marginally, preliminary data from the Chain Store Association showed Tuesday.
UK Manufacturers Expect Order Growth To Slow: CBI
Tue, 24 Apr 2018 10:39:05 GMT
UK manufacturers expect order growth to slow in the coming three months, the Industrial Trends Survey from the Confederation of British Industry showed Tuesday.
South Africa Leading Index Highest Since Jun 2011
Tue, 24 Apr 2018 10:38:07 GMT
South Africa's leading index strengthened for the second straight month in February to the highest level in more than six-and-a-half years, data from the South African Reserve Bank showed Tuesday.
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