The first part of the week was more than optimistic for Bitcoin. However, now it is going through the correction phase.
South Korea December exports edge up underpinned by memory chips
In December, South Korea exports added for the first straight month, wrapping up 2017 with a positive tone because global demand for memory chips as well as petroleum goods from Asia's number three exporter continued.
In a Reuters survey, 10 financial experts saw exports gaining 10.3% from 2016, picking up some tempo after November's 9.5% revenue.
Overseas sales will keep accelerating this month on firm global demand on petroleum goods, memory chips and ships.
Exports told that exports will probably maintain current firm ascend next year, although some downside risks are still actual, including a probable revision of Seoul's free trade pact with America as well as appreciation of South Korean won.
South Korean exports from December 1 to December 20 edged up 16.4% from 2016, while imports managed to gain 19.5% over the same period, according to preliminary data from the government.
On Wednesday, China posted shockingly weaker surge in retail sales as well as industrial output for April, thus increasing pressure on the Chinese cabinet to roll out more stimulus because the trade conflict with America escalates…
In April, American import prices surged less than anticipated in April due to the fact that jumps in the cost of food and petroleum were tamed by the largest tumble in the price of capital goods for a decade, dropping a hint at the fact that inflation…
On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
On Friday, European stock indices fluctuated at the beginning of the trading session…
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.