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The manufacturing sector in Australia moved to expansion in January, the latest survey from the Australian Industry Group showed on Friday with a Performance of Manufacturing Index score of 52.5. more...
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in December, the Ministry of Internal Affairs and Communications said on Friday. more...
Reflecting a sharp decline in expectations, the Conference Board released a report on Tuesday showing a much bigger than expected drop in U.S. consumer confidence in the month of January. Lynn Franco, Senior Director of Economic Indicators at the Conference Board, noted expectations saw a significant drop due to financial market volatility and the government shutdown. more...
There are three top reasons for Bitcoin’s failure to reach the masses, according to experts and relevant reports. One of them is trust. "The biggest problem, rather ironically is trust,” says Clement Thibault, Senior Analyst at Investing.com. “Most people don't understand the digital currency and only see Bitcoin's erratic price movement. A lack of understanding coupled with wild price swings create a negative environment for adoption.” ...
Consumer prices in Australia were up 0.4 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Wednesday - unchanged from Q3 and in line with expectations. more...