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  • Monthly report from Germany's Finance Ministry - German economy lost some momentum at the beginning of the third quarter - "But recent economic data indicate that the solid upswing will continue also in the third quarter" Stay tuned for the German election this weekend!

    German fin min monthly report: German economy to grow robustly in Q3

    Monthly report from Germany's Finance Ministry - German economy lost some momentum at the beginning of the third quarter - "But recent economic data indicate that the solid upswing will continue also in the third quarter" Stay tuned for the German election this weekend!
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  • *ECB: Monthly Asset Buys To Continue At EUR 60 Bln Until Dec-end Or Beyond ECB: Monthly Asset Buys To Continue At EUR 60 Bln Until Dec-end Or Beyond

    *ECB: Monthly Asset Buys To Continue At EUR 60 Bln Until Dec-end Or Beyond

    *ECB: Monthly Asset Buys To Continue At EUR 60 Bln Until Dec-end Or Beyond ECB: Monthly Asset Buys To Continue At EUR 60 Bln Until Dec-end Or Beyond
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  • ARGENTINA: Economists Increase August Monthly Inflation Forecast To 1.6% Economists increased their forecast for the monthly inflation in August by 0.1 percentage point (pp), to 1.6%, according to a survey conducted by the country's central bank. They also kept the median projection for the monthly inflation in September at 1.3%, but increased the forecast for October from 1.3% to 1.4%. Regarding medium-term forecasts, annual inflation expectations for December 2017 remained at 22%, still above the central bank's target, which ranges from 12% to 17%. The forecast for the benchmark interest rate in September rose to 26.25%, from 25% in the previous survey. Argentina's interest rate is at 26.25% per year since April. The economists also expect Argentina's Gross Domestic Product (GDP) growth to increase 2.8% in 2017 (+0.1 pp compared to the previous survey), 3.0% in 2018, and 3.2% in 2019.

    ARGENTINA: Economists Increase August Monthly Inflation Forecast To 1.6%

    ARGENTINA: Economists Increase August Monthly Inflation Forecast To 1.6% Economists increased their forecast for the monthly inflation in August by 0.1 percentage point (pp), to 1.6%, according to a survey conducted by the country's central bank. They also kept the median projection for the monthly inflation in September at 1.3%, but increased the forecast for October from 1.3% to 1.4%. Regarding medium-term forecasts, annual inflation expectations for December 2017 remained at 22%, still above the central bank's target, which ranges from 12% to 17%. The forecast for the benchmark interest rate in September rose to 26.25%, from 25% in the previous survey. Argentina's interest rate is at 26.25% per year since April. The economists also expect Argentina's Gross Domestic Product (GDP) growth to increase 2.8% in 2017 (+0.1 pp compared to the previous survey), 3.0% in 2018, and 3.2% in 2019.
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  • The British pound notched its fourth consecutive monthly decline against the euro in August and the prospect for September may not be more positive.The currency ended a second weekly rise versus the dollar on Friday. However, this was still not sufficient to prevent it from recording its steepest monthly decline versus the greenback since October as Brexit talks developments between the U.K. and the European Union reach a near-standstill state, ending in polarizing views on August 31. As the UK Parliament resumes its session after the summer recess this week, PM Theresa May may need to keep the members of her Conservative cabinet up-to-date in order to prevent further declines in the British currency. The following few rounds could be vital for the British currency, as two more rounds of negotiations with the EU are scheduled ahead of the bloc's convention in Brussels October 19. Significant progress including the resolution of the divorce bill will have to be established befor..

    Prime News: Pound’s Monthly Decline Poised to Continue as U.K. Parliament Resumes

    The British pound notched its fourth consecutive monthly decline against the euro in August and the prospect for September may not be more positive.The currency ended a second weekly rise versus the dollar on Friday. However, this was still not sufficient to prevent it from recording its steepest monthly decline versus the greenback since October as Brexit talks developments between the U.K. and the European Union reach a near-standstill state, ending in polarizing views on August 31. As the UK Parliament resumes its session after the summer recess this week, PM Theresa May may need to keep the members of her Conservative cabinet up-to-date in order to prevent further declines in the British currency. The following few rounds could be vital for the British currency, as two more rounds of negotiations with the EU are scheduled ahead of the bloc's convention in Brussels October 19. Significant progress including the resolution of the divorce bill will have to be established befor..
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  • From the Treasury in NZ, their monthly report on the economy Summary: - Retail spending picked up in the June quarter and momentum is likely to have continued into the September quarter. There is evidence of some Lions tour effects across the two quarters. As you'd expect, painting a picture of a robust NZ economy and highlighting some

    New Zealand Treasury’s Monthly Economic Indicators out now

    From the Treasury in NZ, their monthly report on the economy Summary: - Retail spending picked up in the June quarter and momentum is likely to have continued into the September quarter. There is evidence of some Lions tour effects across the two quarters. As you'd expect, painting a picture of a robust NZ economy and highlighting some
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  • Crude Oil Falls To Monthly Low, Gas Surges On Harvey Crude oil futures tumbled Monday as Hurricane Harvey threatened to disrupt refinery operations along the Texas coast for the near future. Oct. WTI oil dropped $1.30, or 2.7%, to settle at $46.57/bbl, the lowest in a month. On the other hand, gasoline futures surged up 6%. "The breadth and intensity of this rainfall are beyond anything experienced before. Catastrophic flooding is now underway and expected to continue for days," the National Weather Service said on Twitter. Harvey hit Texas as a Category 4 hurricane with winds of 130 miles per hour (210 kph), the strongest storm to hit the state since 1961. Rescue operations are underway for thousands stranded in Houston. Saudi Arabia and Russia are pushing to extend their deal to limit crude oil production for another three months, WSJ reports.

    Crude Oil Falls To Monthly Low, Gas Surges On Harvey

    Crude Oil Falls To Monthly Low, Gas Surges On Harvey Crude oil futures tumbled Monday as Hurricane Harvey threatened to disrupt refinery operations along the Texas coast for the near future. Oct. WTI oil dropped $1.30, or 2.7%, to settle at $46.57/bbl, the lowest in a month. On the other hand, gasoline futures surged up 6%. "The breadth and intensity of this rainfall are beyond anything experienced before. Catastrophic flooding is now underway and expected to continue for days," the National Weather Service said on Twitter. Harvey hit Texas as a Category 4 hurricane with winds of 130 miles per hour (210 kph), the strongest storm to hit the state since 1961. Rescue operations are underway for thousands stranded in Houston. Saudi Arabia and Russia are pushing to extend their deal to limit crude oil production for another three months, WSJ reports.
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  • At its Annual General Meeting this year, Reliance Jio announced its first 'effectively free' 4G phone - the JioPhone. The catch is to get a JioPhone, users will have to pay a deposit of Rs. 1,500 upfront, refundable after three years. Now, weeks after the launch, a fresh report questions the JioPhone's feasibility in the growing Indian market, specifically, the growing smartphone market. Jio is asking for a three-year lock in period for the JioPhone, only after which the refund will be generated, and this, along with the pricing of the monthly plan rentals, may be obstacles in the JioPhone's adoption, claims a recent JP Morgan report.The JP Morgan report shows apprehension in the success of the JioPhone. The report claims that the Indian audience is more accustomed to multi-SIM devices, and the prepaid monthly churn is less than 5 percent. Keeping this in mind, it would be unrealistic to expect users to get locked into three years for a single-SIM variant that work..

    Jio Phone’s 3-Year Lock-In Period, Monthly Plan Cost, May Be Obstacles in Adoption: JP Morgan

    At its Annual General Meeting this year, Reliance Jio announced its first 'effectively free' 4G phone - the JioPhone. The catch is to get a JioPhone, users will have to pay a deposit of Rs. 1,500 upfront, refundable after three years. Now, weeks after the launch, a fresh report questions the JioPhone's feasibility in the growing Indian market, specifically, the growing smartphone market. Jio is asking for a three-year lock in period for the JioPhone, only after which the refund will be generated, and this, along with the pricing of the monthly plan rentals, may be obstacles in the JioPhone's adoption, claims a recent JP Morgan report.The JP Morgan report shows apprehension in the success of the JioPhone. The report claims that the Indian audience is more accustomed to multi-SIM devices, and the prepaid monthly churn is less than 5 percent. Keeping this in mind, it would be unrealistic to expect users to get locked into three years for a single-SIM variant that work..
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  • Google remains the dominant player in search marketing, but the industry is changing very rapidly and the old certainties may erode. Does voice search provide a platform for Microsoft to compete? A study earlier this year revealed that Microsoft’s speech recognition technology demonstrated only a 5.1 percent word error rate in Switchboard, a conversational speech recognition task. This shows impressive development and shows that Microsoft is more than competitive in this domain, but it is only part of the picture. Speech recognition and voice recognition are significantly different. The former extracts words and comprehends what is said; the latter also understand who said it. We could frame this as content and context. Context will be the defining factor in who becomes the dominant player in voice search, with an increasing amount of internet-enabled devices providing the opportunity for a seamless, conversational experience. No doubt, search is at the very heart of this battle. ..

    How does Bing’s voice search compare to Google’s?

    Google remains the dominant player in search marketing, but the industry is changing very rapidly and the old certainties may erode. Does voice search provide a platform for Microsoft to compete? A study earlier this year revealed that Microsoft’s speech recognition technology demonstrated only a 5.1 percent word error rate in Switchboard, a conversational speech recognition task. This shows impressive development and shows that Microsoft is more than competitive in this domain, but it is only part of the picture. Speech recognition and voice recognition are significantly different. The former extracts words and comprehends what is said; the latter also understand who said it. We could frame this as content and context. Context will be the defining factor in who becomes the dominant player in voice search, with an increasing amount of internet-enabled devices providing the opportunity for a seamless, conversational experience. No doubt, search is at the very heart of this battle. ..
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  • Slovenia Output Prices Rise At Stable Rate Slovenia's output prices increased at a steady pace in August, figures from the Statistical Office of the Republic of Slovenia showed Thursday. Output prices climbed 2.3 percent year-over-year in August, the same rate of increase as in July. Prices have been rising since December last year. Prices on the domestic market grew 1.5 percent annually in August and those in the foreign market rose by 3.2 percent. On a monthly basis, output prices remained flat in August after an increase of 0.1 percent in the preceding month.

    Slovenia Output Prices Rise At Stable Rate

    Slovenia Output Prices Rise At Stable Rate Slovenia's output prices increased at a steady pace in August, figures from the Statistical Office of the Republic of Slovenia showed Thursday. Output prices climbed 2.3 percent year-over-year in August, the same rate of increase as in July. Prices have been rising since December last year. Prices on the domestic market grew 1.5 percent annually in August and those in the foreign market rose by 3.2 percent. On a monthly basis, output prices remained flat in August after an increase of 0.1 percent in the preceding month.
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  • Latvia PPI Inflation Eases In August Latvia's producer price inflation moderated in August, figures from the Central Statistical Bureau showed Thursday. Industrial producer prices climbed 3.3 percent year-over-year in August, slower than the 3.6 percent increase in July. The measure has been rising since February. Both domestic and foreign market prices grew the same 3.3 percent annually in August. On a monthly basis, producer prices edged up 0.1 percent from July, when it rose by 0.4 percent.

    Latvia PPI Inflation Eases In August

    Latvia PPI Inflation Eases In August Latvia's producer price inflation moderated in August, figures from the Central Statistical Bureau showed Thursday. Industrial producer prices climbed 3.3 percent year-over-year in August, slower than the 3.6 percent increase in July. The measure has been rising since February. Both domestic and foreign market prices grew the same 3.3 percent annually in August. On a monthly basis, producer prices edged up 0.1 percent from July, when it rose by 0.4 percent.
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