BUZ INVESTORS POTN High Quality Cannabis Extracts Cannabinoids and CBD Extracts continue to be a strong focal point for cannabis operators as revenues climb higher behind a robust jump in sales volume.

PotNetwork Holding, Inc. (POTN) With over $2.1 Million in Total Revenues

With over $2.1 Million in Total Revenues, April and May Figures Top First Quarter Results as PotNetwork Continues Cultivating for Growing Returns
ounce today that its wholly owned subsidiary, Diamond CBD, Inc., after a strong record breaking first quarter, continues building momentum

FOREX INVESTORS  PRESS RELEASE  PotNetwork Holding, Inc. (OTC Pink: POTN) is pleased to announce today that its wholly owned subsidiary, Diamond CBD, Inc., after a strong record breaking first quarter, continues building momentum into the summer with heightened expectation for Diamond CBD’s highly sought after consumable product line. After the past two months of this quarter, revenue totals have reached $2,106,245.87, considerably exceeding the Company’s first quarter results.

“At this point, we are focusing our attention on production since our strengthened efforts have been rewarded with even more consumer enthusiasm. As new consumer orders meet growing recurring order flow, we are strategizing to maintain product availability to meet continually heightening demand,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.



PotNetwork Holding, Inc

 

In April, the Company disclosed that having originally estimated first quarter revenues of $1.7 Million, final figures ultimately exceeded estimates by $100,000.00. Since then, Diamond CBD has reported that the past six months of trade show, expo, and convention attendance, demonstrating Management’s determined commitment to achieve strong results, had yielded product demand requiring significant expansion of its manufacturing operations.

Eighty thousand (80,000) Chill Gummies were sold as a result of the recent highly productive road show causing the Company to entirely sell out of its increasingly popular proprietary Chill Gummy line. Diamond CBD recently had announced that for the month of April 2017, the Company had accomplished a considerable boost in revenues year over year. The Company’s revenues in April 2016 were just under $40,000.00, a reflection of the Company’s infancy. With record breaking April 2017 sales of over $1 Million Dollars, the Company has achieved substantial growth of over 25 times.

PotNetwork Holding’s Diamond CBD’s recent attendance at the SeeThruEquity event resulted in an equity analyst setting a price target for the Company’s shares of $0.25 per share. Other recent show/expo attendance included a presentation at the 7th Annual LD Micro Invitational, being a featured guest on a national radio and webcast, launching new product lines at a major New York trade show, and receiving a positive reception at the Fourth Annual Cannabis World Congress & Business Exposition (2017 CWCBExpo), the definitive business event of the cannabis industry. The Company has also recently presented at the 2017 Marcum Microcap Conference and attended the Southeast Cannabis Conference & Expo.

About Diamond CBD Inc.: Diamond CBD focuses on the research, development, and multi-national marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD’s team consists of hemp industry pioneers and natural product experts, chemists, and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils and E-Liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.

About PotNetwork Holding, Inc: PotNetwork Holding Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils, and Sunrise Auto Mall, Inc.

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Buz Investors Poland Industrial Production Rises Poland's industrial production grew in February, but cost pressures also increased, data from the Central Statistical Office showed Friday.

UK balance of firms reporting total order book above normal advanced in June

United Kingdom CBI Industrial Trends Orders | Data | Chart


source: tradingeconomics.com
BUZ INVESTORS  UK balance of firms reporting  The Confederation for British Industry’s monthly industrial orders balance rose to 16 in June of 2017 from 9 in the previous month, beating expectations of 7. The reading pointed to the fastest growth in factory orders since August of 1988, led by the food, drink, tobacco and chemicals sectors. Export orders improved to a 22-year high of 13 from 10. On the other hand, domestic price expectations were unchanged from the previous month (at 23) and slowdowns were recorded for stocks (2 from 4) and output expectations (27 from 28). Factory Orders in the United Kingdom averaged -19.25 Net Balance from 1977 until 2017, reaching an all time high of 21 Net Balance in May of 1988 and a record low of -79 Net Balance in October of 1980.




UK balance of firms reporting  

United Kingdom CBI Industrial Trends Orders Notes

In the United Kingdom, the Confederation of British Industry‘s Industrial Trends Survey of total order book balance tracks changes in the level of factory orders from around 500 companies across 38 sectors of manufacturing industry. The survey covers domestic and export orders, stocks, price, investment intentions and output expectations. For each variable, manufacturers are asked if present situation is above normal, normal or below normal. The results are presented as a weighted percentage balance, that is, the difference between the percentage of respondents replying more or up to each question minus the percentage replying less or down. This page provides the latest reported value for – United Kingdom CBI Industrial Trends Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom CBI Industrial Trends Orders – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
16.00 9.00 21.00 -79.00 1977 – 2017 Net Balance

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US weekly jobless claims total 237,000 vs 242,000 estimate

United States Initial Jobless Claims  | Data | Chart | Calendar

BUZ INVESTORS  US weekly jobless claims  The number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,000 to 243,000 last week Initial Jobless Claims in the United States averaged 357.26 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.




US weekly jobless claims

US Jobless Claims Fall to 237K

The number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand. The four-week moving average, considered a better measure of labor market trends as it removes out week-to-week volatility, rose 1,000 to 243,000 in last week.

Jobless claims have now been below 300,000, a threshold associated with a healthy labor market, for 119 straight weeks, the longest such stretch since 1970.  The labor market is near full employment, with the jobless rate at a 16-year low of 4.3 percent.

The number of people still receiving benefits after an initial week of aid increased by 6,000 to 1.94 million in the week ended June 3rd. The continuing claims have now been below 2 million for nine straight weeks. The last time they were consistently under 2 million was in 1973.

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Nonfarm Payrolls Give Federal Reserve Green Light for December Rate Hike

May nonfarm payrolls total 138,000 in May vs 185,000 expected

|Chart | Calendar   | TRADE NOW | USD

United States Nonfarm Payrolls – Private  | Data | Chart


source: tradingeconomics.com
BUZ INVESTORS May nonfarm payrolls total 138,000   Nonfarm Payrolls Private in the United States increased by 147 thousand in May of 2017. Nonfarm Payrolls Private in the United States averaged 106.63 Thousand from 1950 until 2017, reaching an all time high of 1089 Thousand in September of 1983 and a record low of -816 Thousand in January of 2009.



May nonfarm payrolls total 138,000  

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 204 222 59 173 147
2016 110 221 189 158 17 269 249 143 223 132 178 150
2015 227 222 97 235 324 195 239 115 116 314 260 217
2014 204 139 261 299 252 259 226 238 237 214 302 240
Calendar GMT Reference Actual Previous Consensus Forecast <span data-recalc-dims=(i)" data-toggle="popover" data-placement="top" data-content="Trading Economics forecasts are driven by our analysts expectations and projected using an autoregressive integrated moving average model. " data-original-title="About our Forecasts" />
2017-04-07 12:30 PM Mar 89K 221K 175K 196K
2017-05-05 12:30 PM Apr 194K 77K 185K 170K
2017-06-02 12:30 PM May 147K 173K 173K 172K
2017-07-07 12:30 PM Jun 147K 142.9K
2017-08-04 12:30 PM Jul 150.7K
2017-09-01 12:30 PM Aug 146.7K

United States Nonfarm Payrolls – Private Notes

Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees. This page provides the latest reported value for – United States Nonfarm Payrolls – Private – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Nonfarm Payrolls – Private – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
147.00 173.00 1089.00 -816.00 1950 – 2017 Thousand Monthly

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Buz Investors UK Rightmove house price The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month.

US housing starts total 1.26M in April, vs 1.26M starts expected

|Chart | Calendar   | TRADE NOW | housing

United States Housing Starts| Data | Chart | Calendar

BUZ INVESTORS  US housing starts total 1.26M  Housing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1172 thousand in April of 2017, following a downwardly revised 1203 thousand in the previous month and worse than market expectations of a 3.7 percent rise. It is the weakest construction activity in five months as starts plunged in the South and the Northeast. Housing Starts in the United States averaged 1437.55 Thousand from 1959 until 2017, reaching an all time high of 2494 Thousand in January of 1972 and a record low of 478 Thousand in April of 2009.



US housing starts total 1.26M

Housing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1172 thousand in April of 2017, following a downwardly revised 1203 thousand in the previous month and worse than market expectations of a 3.7 percent rise. It is the weakest construction activity in five months as starts fell in the South and the Northeast.

The volatile multi-family segment declined 9.6 percent to 328 thousand while single-family, the largest segment of the market edged up 0.4 percent to 835 thousand. Starts slumped in the Northeast (-37.3 percent to 79 thousand) and the South (-9.1 percent to 592 thousand) but rose in the Midwest (41.1 percent to 206 thousand) and the West (5.4 percent to 295 thousand).
Also, building permits dropped 2.5 percent to a seasonally adjusted annualized rate of 1229 thousand from a revised 1260 thousand and compared to market expectations of 1270 thousand. Single-family authorizations dropped 4.5 percent to 789 thousand while multi-family permits rose 1.4 percent to 440 thousand. Among regions, building permits declined in the Northeast (-10.3 percent) and in the South (-7.4 percent) but rose in the West (8.7 percent) and in the Midwest (1 percent).

 

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US weekly jobless claims total 236,000 vs 245,000 estimate

|Chart | Calendar   | TRADE NOW | USD

United States Initial Claims  | Data | Chart | Calendar

BUZ INVESTORS US weekly jobless claims The number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended May 6th, 2017 from the previous week’s unrevised level of 238 thousand, below market expectations of 245 thousand. It is the lowest figure in four weeks. Meanwhile, the number of continuing claims fell by 61 thousand to 1918 thousand, the lowest figure since November 5th, 1988 when it was 1898 thousand.

The 4-week moving average for initial claims was 243,500, an increase of 500 from the previous week’s unrevised average of 243,000.




US weekly jobless claims

>>>TRADE NOW<<<

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending April 29, unchanged from the previous week’s unrevised rate.For continuing claims, the previous week’s level was revised up 15,000 to 1,979,000. The 4-week moving average was 1,965,500, a decrease of 27,500 from the previous week’s revised average. This is the lowest level for this average since February 2, 1974 when it was 1,964,250. The previous week’s average was revised up by 3,750 from 1,989,250 to 1,993,000.

 

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Buz Investors China’s trade surplus expanded faster than expected in January, data from the General Administration of Customs showed on Friday.

UK total trade deficit widened in March

Chart | Calendar   | TRADE NOW | GBPUSD

United Kingdom Balance of Trade | Data | Chart | Calendar

BUZ INVESTORS  UK total trade deficit  The UK’s deficit on trade  The UK’s deficit on trade in goods and services widened by £2.3 billion to £4.9 billion in March 2017 from a downwardly revised £2.7 billion in February. Imports increased in the month by £2.9 billion to a new record high of £53.9 billion, due to an increase in purchases of goods from both EU and non-EU countries. Exports increased by £0.6 billion to £49.0 billion.

Imports of goods and services rose by £2.9 billion to a new record high of £53.9 billion from £51.0 billion in the previous month, mainly due to an increase in purchases of goods. At the commodity level, the main contributors to this increase were chemicals, oil, cars and mechanical machinery. Among trading partners, imports of goods from the EU increased by 5.7 percent, mainly from the Netherlands (14.5 percent), Spain (11.7 percent), Sweden (5.2 percent) and Germany (4.4 percent). Imports from non-EU countries also rose by 10.6 percent, boosted by higher purchases from the US (13.4 percent), China (7.1 percent) and Norway (6 percent).




UK total trade deficit

<<<TRADE NOW<<<

Exports of goods and services increased by £0.6 billion to £49.0 billion in March from £48.4 billion in February, due to an increase of £1.1 billion in exports of trade in goods while exports of services fell £0.4 billion. Sales of goods to the EU rose by 6.1 percent, mainly to France (12 percent), Germany (7.2 percent) and Ireland (6.8 percent). Also, exports to non-EU countries grew by 1.8 percent, boosted by higher sales to China (9.2 percent) and the US (2.3 percent).
On the price front, export and import prices increased by 1.5 percent and 1.4 percent respectively, with the value of sterling decreasing by 1.3 percent in March 2017 compared with the February 2017 average. However, it remains 10.7 percent lower when compared with March 2016.
Between the fourth quarter of 2016 and the first three months of 2017, the total trade deficit (goods and services) widened by £5.7 billion to £10.5 billion; this followed a sharp narrowing in the previous period. The widening of the deficit reflected a rise in imports (3.3 percent) and a fall in exports (-0.5 percent) over the period. This was mainly due to increases in purchases of machinery and transport equipment (mainly mechanical machinery and cars), oil and chemicals.

 

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US weekly jobless claims total 238,000 vs 247,000 estimate

Chart | Calendar   | TRADE NOW | USD

US weekly jobless claims total 238,000 vs 247,000 estimate

 BUZ INVESTORS  weekly jobless claims New applications for U.S. jobless benefits fell more than expected last week and the number of Americans on unemployment rolls hit a 17-year low,

BUZ INVESTORS  weekly jobless claims New applications for U.S. jobless benefits fell more than expected last week and the number of Americans on unemployment rolls hit a 17-year low, pointing to a tightening labor market that could encourage the Federal Reserve to raise interest rates next month.

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 238,000 for the week ended April 29, the Labor Department said on Thursday. The decline unwound most of the prior two weeks’ increases in applications.

Economists say claims were distorted in recent weeks by the Easter holidays and spring breaks, which occur at different dates every year, making it difficult to strip the seasonal fluctuations from the data.




weekly jobless claims

>>>TRADE NOW<<<

United States Initial Jobless Claims | Data | Chart | Calendar

The number of Americans filing for unemployment benefits decreased by 19 thousand to 238 thousand in the week ended April 29th, 2017 from the previous week’s unrevised level of 257 thousand and below market expectations of 247 thousand. It is the lowest figure in three weeks. Meanwhile, the 4-week moving average, which removes week-to-week volatility, increased by 750 to 243 thousand. The continuing claims drawn by workers for more than a week decreased by 23 thousand from a 17-year low to 1.964 million. Initial Jobless Claims in the United States averaged 357.57 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.

Claims have now been below 300,000, a threshold associated with a healthy labor market, for 113 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. The labor market is close to full employment, with the unemployment rate at a near 10-year low of 4.5 percent.

US Services Sector Growth Beats Expectations In April: ISM

The ISM Non-Manufacturing PMI index for the United States went up to 57.5 in April of 2017 from 55.2 in March, beating market expectations of 55.8. Business activity increased and new orders reached the highest since August of 2005 as non-manufacturers were mostly positive about business conditions and the overall economy.
Rises were seen in business activity (+2.3 to 62.4), new orders (+4.3 to 63.2), supplier deliveries (+1.5 to 53), inventories (+4 to 52.5), backlog of orders (+0.5 to 53.5) and new export orders (+3 to 65.5). In contrast, employment edged down (-0.2 to 51.4) and price pressures increased (+4.1 to 57.6).

US Factory Activity Growth Eases To 4-Month Low

The Institute for Supply Management’s Manufacturing PMI in the US fell to 54.8 in April 2017 from 57.2 in March and below market expectations of 56.5. It was the lowest reading since December 2016, as new orders and employment expanded at a slower pace.

The April PMI registered 54.8 percent, a decrease of 2.4 percentage points from the March reading of 57.2 percent.

The New Orders Index registered 57.5 percent, a decrease of 7 percentage points from the March reading of 64.5 percent.

 

The Employment Index registered 52 percent, a decrease of 6.9 percentage points from the March reading of 58.9 percent.

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Lithium quoted at 105.32 USD

Lithium Data | Chart | Calendar | Forecast | News   Lithium Corporation Signs Formal Agreement on Tantalum-Niobium by Jadtecnic on TradingView.com   BUZ INVESTORS Lithium quoted at 105.32 USD on Friday April 21. Historically, Lithium reached an all time high of 107.50 in April of 2017 and a record low of 62.79 in February of […]

USD 53 Million Worth of Bilur Issued After Purchase of 1 Million Oil Barrels

USD 53 Million Worth of Bilur Issued After Purchase of 1 Million Oil Barrels BUZ INVESTORS PRESS RELEASE   53 Million Worth of Bilur Issued  154,297 bilurs were issued as a result of the initial oil purchase of 1 million barrels. Current market cap at USD 53 million. Bilur is the next generation cryptocurrency as it […]

Spot gold climbed to 1279 USD per ounce Data | Chart | Calendar | Forecast | News

Spot gold climbed to 1279 USD per ounce Gold BUZ INVESTORS Spot gold climbed   Gold is trading at $1274.90 per ounce at 09:40 GMT this morning, 0.09% lower from the New York close. This morning, the precious metal traded at a high of $1281.80 per ounce and a low of $1274.40 per ounce. Yesterday, gold […]

US weekly jobless claims total 257,000 vs 242,000 estimate

US Jobless Claims Rise More Than Expected


source: tradingeconomics.com
BUZ INVESTORS  US weekly jobless claims  The number of Americans filing for unemployment benefits increased by 14 thousand to 257 thousand in the week ended April 22nd 2017 from the previous week’s revised level of 243 thousand and above market expectations of 245 thousand.

Claims have now been below 300,000 for 112 straight weeks, the longest such stretch since 1970.
The 4-week moving average was 242,250, a decrease of 500 from the previous week’s revised average. The previous week’s average was revised down by 250 from 243,000 to 242,750.




US weekly jobless claims

TRADE NoW

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending April 15, unchanged from the previous week’s unrevised rate.

 

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending April 15 was 1,988,000, an increase of 10,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 1,979,000 to 1,978,000. The 4-week moving average was 2,007,250, a decrease of 16,000 from the previous week’s revised average. This is the lowest level for this average since June 10, 2000 when it was 2,006,000. The previous week’s average was revised down by 250 from 2,023,500 to 2,023,250.

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2017-04-13 12:30 PM Apr/08 234K 235K 245K 241K
2017-04-20 12:30 PM Apr/15 244K 234K 242K 240K
2017-04-27 12:30 PM Apr/22 257K 243K 245K 244K
2017-05-04 12:30 PM Apr/29 257K 251K
2017-05-11 12:30 PM May/06 248K
2017-05-18 12:30 PM May/13 249K

 




OTHER RELATED STORIES 

US Jobless Claims Rise More Than Expected
The number of Americans filing for unemployment benefits increased by 10 thousand to 244 thousand in the week ended April 15th 2017 from the previous week’s unrevised level of 234 thousand and above market expectations of 242 thousand.
Published on 2017-04-20

US Initial Jobless Claims Edge Down To 234K
The number of Americans filing for unemployment benefits decreased by 1 thousand to 234 thousand in the week ended April 8th 2017 from the previous period, below expectations of 245 thousand. It is the lowest figure in six weeks. The 4-week moving average that removes week-to-week volatility fell by 3 thousand to 247.25 thousand.
Published on 2017-04-13

US Jobless Claims At 5-Week Low
The number of Americans filing for unemployment benefits decreased by 25 thousand to 234 thousand in the week ended April 1st 2017 from the previous period, well below expectations of 250 thousand. It is the lowest figure in five weeks and the largest decline since April of 2015. The 4-week moving average that removes week-to-week volatility fell by 4.5 thousand to 250 thousand.
Published on 2017-04-06