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Author: RTT - Forex Top Story
India’s finance ministry on Wednesday issued a warning against trading and transacting in crytpocurrencies such as Bitcoin, saying they do not have any intrinsic value and likened them to Ponzi schemes. The virtual currencies, or VCs, are not backed by…
Germany’s industrial production declined more-than-expected in September, but the output expanded for the third quarter as a whole, signaling a robust underlying trend. Industrial production fell 1.6 percent month-on-month in September, in contrast to …
The jobless rate in Australia came in at a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics said on Thursday.
The total number of building permits in New Zealand issued in November fell a seasonally adjusted 9.2 percent on month in November, Statistics New Zealand said on Thursday – standing at 2,973.
Homebuilder confidence in the U.S. saw a modest pullback in the month of January, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 67 in Januar…
After reporting a drop in U.S. industrial production in the previous month, the Federal Reserve released a report on Wednesday showing that production rebounded strongly in the month of December. The Fed said industrial production climbed by 0.8 percen…
Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.3 percent in December aft…
U.K. unemployment declined unexpectedly at the end of 2016, while earnings growth accelerated reflecting that the labor market remained strong despite the ‘Brexit’ vote. Data from the Office for National Statistics showed Wednesday that the number of p…
The U.K. is set for a ‘hard Brexit’, which implies a complete separation from the European Union, as Prime Minister Theresa May said on Tuesday that her country will not remain a member of the single market. Britain will not seek to “hold on to bits of…