Economic News
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PBOC to cut RRR by 25 basis points from 5 December
Friday 25 Nov 2022
(Sharecast News) - China said on Friday that it will cut its reserve requirement ratio for banks next month as it looks to bolster the economy. Read More
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UK car production returns to growth in October
Friday 25 Nov 2022
(Sharecast News) - UK car production returned to growth in October, rising 7.4% to 69,524 units, according to the latest figures released on Friday by the Society of Motor Manufacturers and Traders (S... Read More
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German consumer sentiment to continue stabilising - GfK
Friday 25 Nov 2022
(Sharecast News) - German consumer sentiment is expected to continue to stabilise next month, according to a survey released on Friday by market research group GfK. Read More
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German economy grows more than initially estimated in Q3
Friday 25 Nov 2022
(Sharecast News) - The German economy grew more than initially estimated in the third quarter, according to data released on Friday by Destatis. Read More
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Turkish central bank cuts rates again despite surging inflation
Thursday 24 Nov 2022
(Sharecast News) - The Turkish central bank cut interest rates again on Thursday despite surging inflation. Read More
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UK manufacturing output weakens a touch in November - CBI
Thursday 24 Nov 2022
(Sharecast News) - Manufacturing output in the UK weakened a touch in November, according to the latest survey from the Confederation of British Industry. Read More
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Closure of Twitter office raises regulatory concerns in Brussels
Thursday 24 Nov 2022
(Sharecast News) - Fresh concerns over Twitter's ability to comply with stringent European Union regulation emerged on Thursday, after it emerged that its entire Brussels office had left the company. Read More
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BoE's Ramsden: rates could fall if economy stabilises
Thursday 24 Nov 2022
(Sharecast News) - The Bank of England's Dave Ramsden would consider cutting interest rates should the economy strengthen sufficiently. Read More
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UK seen as best performing property market - report
Thursday 24 Nov 2022
(Sharecast News) - The UK property market will be Europe's best performing in the next five years, according to a research report publish on Thursday. Read More
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German business sentiment improves in November - Ifo
Thursday 24 Nov 2022
(Sharecast News) - German business sentiment improved in November, according to a survey released on Thursday by the Ifo Institute. Read More
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Ofgem raises energy price cap to £4,279
Thursday 24 Nov 2022
(Sharecast News) - Energy industry watchdog Ofgem revealed on Thursday that its price cap will hit £4,279 from January but vowed that UK households would be protected by Downing Street's emergency int... Read More
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Slower rate hikes looming as Fed mentions the 'recession' word
Wednesday 23 Nov 2022
(Sharecast News) - Minutes from the Federal Open Market Committee's most recent meeting were met with some Thanksgiving cheer late on Wednesday, as most policymakers agreed that smaller interest rate ... Read More
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Royal Mail workers reject 'best and final offer' ahead of strike
Wednesday 23 Nov 2022
(Sharecast News) - Royal Mail's "best and final offer" to striking workers was rejected on Wednesday afternoon, with hundreds of thousands of postal workers set to walk out on Thursday and Friday. Read More
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RBNZ delivers biggest ever rate hike in another hawkish decision
Wednesday 23 Nov 2022
(Sharecast News) - New Zealand's benchmark stock index was in the red on Wednesday, after the country's central bank delivered its biggest-ever rise in interest rates as it tightened policy for the ei... Read More
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UK economy continues to falter as new orders tumble
Wednesday 23 Nov 2022
(Sharecast News) - The UK economy continued to struggle in November, a closely-watched survey showed on Wednesday, as the cost of living crisis weighed heavily. Read More
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G4S workers vote to strike in December
Tuesday 22 Nov 2022
(Sharecast News) - Staff working for security firm G4S have voted to strike in December, prompting fears of cash shortages in shops and banks before the annual Christmas retail frenzy. Read More
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UK faces harshest downturn of major economies - OECD
Tuesday 22 Nov 2022
(Sharecast News) - The UK is on track to be the worst-performing G20 country in the next two years apart from Russia, according to the latest economic forecasts from the OECD. Read More
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UK government borrowing rises in October
Tuesday 22 Nov 2022
(Sharecast News) - UK government borrowing rose in October, albeit less than expected, after the government stepped in to help households and businesses with energy bills. Read More
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Oil prices slide as Saudi Arabia reportedly mulls output hike
Monday 21 Nov 2022
(Sharecast News) - Oil prices were being pushed lower on Monday afternoon, on reports that Saudi Arabia and its OPEC allies were mulling an increase in output. Read More
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Bear market in global equities not over, says Goldman Sachs
Monday 21 Nov 2022
(Sharecast News) - The bear market in global equity markets is not over, Goldman Sachs said in a strategy note on Monday. Read More
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