Currencies News
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Eurozone manufacturing outlook remains bleak as contraction worsens
Monday 02 Dec 2024
(Sharecast News) - The manufacturing downturn across the eurozone worsened in November, data from S&P Global and Hamburg Commercial Bank (HCOB) confirmed on Monday, with the rate of contraction accele... Read More
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Chinese manufacturing grows more than expected, but downside risks remain
Monday 02 Dec 2024
(Sharecast News) - China's manufacturing sector grew at its fastest rate in five months in November, according to data from Caixin and S&P Global. Read More
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Eurozone inflation ticks higher in November
Friday 29 Nov 2024
(Sharecast News) - Euro area inflation picked up in November in annual terms, although some economists were expecting that it would soon head lower again. Read More
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German retail sales fall more than expected in October
Friday 29 Nov 2024
(Sharecast News) - German retail sales fell more than expected in October, down 1.5% compared with the previous month, according to official data published on Friday. Read More
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French inflation picks up to 1.7% as expected
Friday 29 Nov 2024
(Sharecast News) - French inflation picked up as expected in November as consumer price growth continued to rebound from a three-year low in September, according to preliminary estimates released on F... Read More
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German inflation rises to 2.2% in November - flash estimate
Thursday 28 Nov 2024
(Sharecast News) - German inflation has risen to 2.2% for November, according to a flash estimate from the Federal statistics office. Read More
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French borrowing costs mount on budget tensions
Thursday 28 Nov 2024
(Sharecast News) - France's borrowing costs briefly topped those of Greece on Thursday, as political tensions around controversial budget plans mounted. Read More
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Eurozone economic sentiment edges higher
Thursday 28 Nov 2024
(Sharecast News) - Economic confidence in the eurozone edged higher in November, according to a survey released on Thursday by the European Commission, but remained below its long-term average. Read More
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US personal incomes and spending beat forecasts in October
Wednesday 27 Nov 2024
(Sharecast News) - Americans continued to spend freely last month, amid a slight pick up in price pressures. Read More
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US economy grows 2.8pc in Q3
Wednesday 27 Nov 2024
(Sharecast News) - The Commerce Department revealed on Wednesday that the US economy expanded 2.8% in the three months ended 30 September, in line with preliminary estimates, on the back of solid stro... Read More
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US jobless claims flat at 213,000
Wednesday 27 Nov 2024
(Sharecast News) - Americans lined up for unemployment benefits at a broadly flat pace in the week ended 23 November, according to the Labor Department. Read More
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US mortgage applications surge 6.3pc week-on-week
Wednesday 27 Nov 2024
(Sharecast News) - US mortgage applications surged 6.3% in the week ended 22 November, according to the Mortgage Bankers Association of America, building on the prior week's 1.7% increase. Read More
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Macro concerns drag German consumer confidence to seven-month low
Wednesday 27 Nov 2024
(Sharecast News) - Consumer morale in Germany has fallen to a seven-month low with fears about a recession and unemployment weighed heavily on income expectations, according to a closely watched surve... Read More
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French consumer confidence hits five-month low
Wednesday 27 Nov 2024
(Sharecast News) - Consumer confidence in France fell to its lowest level in five months in November with households turning more negative about their living standards and personal finances. Read More
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RBNZ lowers interest rate, tempers expectations for future cuts
Wednesday 27 Nov 2024
(Sharecast News) - The Reserve Bank of New Zealand lowered its official cash rate (OCR) by 50 basis points to 4.25% on Wednesday, marking its second consecutive half-point cut. Read More
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US house price growth slows to 12-month low
Tuesday 26 Nov 2024
(Sharecast News) - A leading indicator of house prices in the United States showed that price inflation slowed to its lowest levels in a year in September. Read More
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Trump vows to hit China, Mexico and Canada with new tariffs
Tuesday 26 Nov 2024
(Sharecast News) - US president-elect Donald Trump has promised to institute new tariffs on China, Mexico and Canada from the first day of his presidency as part of an effort to stop illegal immigrati... Read More
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German business morale falls more than expected
Monday 25 Nov 2024
(Sharecast News) - Business morale in Germany worsened this month, with sentiment in both the struggling manufacturing sector and services industries taking a hit, according to the IFO Institute. Read More
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US composite PMI shows robust expansion for November
Friday 22 Nov 2024
(Sharecast News) - The US economy showed signs of robust expansion in November, with S&P Global's composite purchasing managers' index (PMI) reaching a 31-month high of 55.3, up from October's 54.1. Read More
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CMA says Apple's browser policies hinder innovation
Friday 22 Nov 2024
(Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple's policies on mobile browsers hinder innovation, impacting UK businesses a... Read More
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