Next Week News

Swiss investor confidence strengthened further in December to its highest level since early 2010, thanks to stronger economic expectations, survey data from the Credit Suisse and the CFA Society Switzerland showed Wednesday.

more...

Eurozone economic confidence strengthened further in December, reaching its highest level seen since late 2000. The economic confidence index rose more-than-expected to 116 from 114.6 in November, survey results from the European Commission showed Monday. This was the highest reading since October 2000 and above the forecast of 114.7.

more...

S&P Global Ratings downgraded the sovereign ratings of Brazil citing less timely and effective policymaking.

more...

The economy is running out of ready capacity for expansion. It may not mean an immediate end to this expansion. This year looks good, in fact. But it does signal the beginning of the expansion's end.

more...

Private messaging app Telegram is planning a $1.2-billion Initial Coin Offering or ICO. The messaging app, with more than one hundred and seventy million monthly users, aims to find a prime place in the thriving cyrptocurrency arena.

According to a businessinsider report, Telegram's ICO will be to support Telegram Open Network or TON blockchain platform which will host a new generation cryptocurrencies and decentralized applications. The investors participating in the ICO will receive TON tokens, known as Grams. The tokens might not be listed till 2019.

more...

The median forecast for Brazil's consumer price inflation in the next 12 months rose for the fourth consecutive week, to 4.00% from 3.98% a week before, according to economists surveyed by the South American country's central bank.

The annual inflation rate in Brazil increased to 2.95% in December, ending the year below the bottom of the central bank's target for 2017, which ranged from 3% to 6%.

more...

Since the start of the year $58 billion as moved into stock mutual fund and EFTs. Some mutual fund managers who lagged the market in 2017 are buying anything at any price. If you are an investor or trader what can you due to avoid a euphoric mistake?

more...

Ibovespa, the benchmark stock index in Brazil, closed down 0.25% at 84,482.46 points on Tuesday, on another day of profit-taking tracking the negative external market climate amid a fall in the price of commodities. In the political arena, investors monitor the expectations for the discussion of the pension reform in Brazil.

more...

Grayscale Investments, LLC, which handles cryptocurrency-based investment, announced the launch of a new crypto investment vehicle, Grayscale Digital Large Cap Fund LLC.

more...

Retail sales in the U.S. unexpectedly decreased in the month of January, the Commerce Department revealed in a report on Wednesday. The Commerce Department said retail sales fell by 0.3 percent in January compared to economist estimates for a 0.2 percent uptick in sales.

more...