BRAZIL: Service Sector Revenue Rises 1.3% In December On A Monthly Basis

The Brazilian service sector revenue rose for the second consecutive month in December, by 1.3 % compared to November, said the country’s statistics office. On an annual basis, there was a 0.5% increase, interrupting 32 consecutive falls on year. However, Brazilian service sector revenue also decreased in 2017 as a whole, by 2.8%. Data is ...

Read More »

BRAZIL: Ibovespa Closes Slightly Higher With Expiring Options, Foreign Scene

Ibovespa, the benchmark stock index in Brazil, closed slightly higher (+0.28%) at 84,524.58 points Friday after showing volatility throughout the trading session ahead of the expiration of stock options on Monday, while investors still monitor the U.S. stock markets. In the domestic scene, the market still awaits a definition of ...

Read More »

ARGENTINA: Merval Rises Again, Ends The Week 8.6% Higher

Merval, the main index of the Buenos Aires Stock Exchange, closed 2.23% higher at 32,738.76 points Friday. Despite the shortened week, the index gained 8.60% at the beginning of the financial results season. “For the third consecutive day the leading shares closed positive, in a week of great rebound for ...

Read More »

Crude Oil Comfortably Above $60 Again

Crude oil prices continued to rise Friday morning ahead the weekly U.S. rig count report. U.S. drillers have been added rigs at a strong pace to take advantage of oil prices at 4-year highs, but OPEC has been determined to end the global supply glut by cutting production among its ...

Read More »

Dollar Advances Ahead Of U.S. Economic Reports

At 8:30 am ET Friday, U.S. housing starts, building permits and import price index for January are due. Ahead of these data, the greenback climbed against its major rivals. The greenback was worth 106.20 against the yen, 0.9240 against the franc, 1.2467 against the euro and 1.4038 against the pound ...

Read More »

Dollar Little Changed After U.S. Economic Reports

Following the release of U.S. housing starts, building permits and import price index for January at 8:30 am ET Friday, the greenback changed little against its major rivals. The greenback was trading at 106.23 against the yen, 0.9242 against the franc, 1.2458 against the euro and 1.4030 against the pound ...

Read More »

U.S. Housing Starts Surge Up 9.7% In January

After reporting a steep drop in new residential construction in the previous month, the Commerce Department released a report on Friday showing housing starts in the U.S. rebounded by much more than anticipated in the month of January. The Commerce Department said housing starts soared by 9.7 percent to an ...

Read More »
Scroll To Top
Hosting by webhostpython.com