Currencies News
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Eurozone business activity contracts as composite PMI hits 10-month low
Friday 22 Nov 2024
(Sharecast News) - Business activity in the eurozone unexpectedly declined in November, according to a flash reading from the Hamburg Commercial Bank purchasing managers' index (PMI) released on Frida... Read More
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German GDP expands just 0.1% in third quarter
Friday 22 Nov 2024
(Sharecast News) - Germany's economy escaped a technical recession in the third quarter of 2024, but growth still came in below forecasts, according to official figures out on Friday from Destatis. Read More
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Philly Fed manufacturing index unexpectedly turns negative
Thursday 21 Nov 2024
(Sharecast News) - Manufacturing activity in the Philadelphia region unexpectedly contracted this month, though firms still remain upbeat about growth, according to a survey released on Thursday. Read More
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US existing home sales grow 3.5pc in October
Thursday 21 Nov 2024
(Sharecast News) - Existing home sales increased by 3.5% in October, according to the National Association of Realtors, up from September's 14-month low. Read More
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US jobless claims unexpectedly fall to 213,000
Thursday 21 Nov 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 16 November, according to the Department of Labor. Read More
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Eurozone construction output edges lower
Wednesday 20 Nov 2024
(Sharecast News) - Construction output in the eurozone slipped slightly in September after stagnating the previous month, according to figures released on Wednesday by Eurostat. Read More
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China keeps rates unchanged
Wednesday 20 Nov 2024
(Sharecast News) - China left benchmark lending rates unchanged on Wednesday with no repeat of the surprisingly large cuts brought in last month to boost the faltering economy. Read More
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German producer prices fall 1.1% in October
Wednesday 20 Nov 2024
(Sharecast News) - German producer prices fell 1.1% in October as energy costs declined, according to official data published on Wednesday. Read More
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US housing starts fall by 3.1pc in October
Tuesday 19 Nov 2024
(Sharecast News) - US housing starts fell by 3.1% in October, according to the Census Bureau, missing expectations for a reading of 1.33m. Read More
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Eurozone inflation jumps back to 2%
Tuesday 19 Nov 2024
(Sharecast News) - Inflation in the eurozone rebounded sharply as expected in October, rising from a three-year low and back in line with the European Central Bank's target. Read More
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NAHB housing market index rises to 46 in November
Monday 18 Nov 2024
(Sharecast News) - The National Association of Home Builders/Wells Fargo housing market index rose to 46 in November, up from 43 in October. Read More
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Eurozone trade surplus unexpectedly jumps
Monday 18 Nov 2024
(Sharecast News) - The eurozone trade surplus more than trebled in September, according to figures from Eurostat on Monday. Read More
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US retail sales increase 0.4pc in October
Friday 15 Nov 2024
(Sharecast News) - US retail sales increased 0.4% month-on-month in October, according to the Census Bureau, following an upwardly revised 0.8% gain in September and beating consensus estimates of a 0... Read More
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EU cuts eurozone GDP forecasts, says downside risks have increased
Friday 15 Nov 2024
(Sharecast News) - The European Commission has reduced its economic growth forecast for the eurozone next year, and warned that projections could be reduced further in the event of increased protectio... Read More
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Chinese retail sales beat forecasts
Friday 15 Nov 2024
(Sharecast News) - Retail sales jumped in China last month, official data showed on Friday, in contrast to the ongoing gloom surrounding the under-pressure property sector. Read More
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EU fines Meta EUR 798m over Facebook Marketplace competition concerns
Thursday 14 Nov 2024
(Sharecast News) - The European Union has imposed a €797.72m fine on Facebook's parent company Meta Platforms, it emerged on Thursday, after a detailed investigation into its Marketplace online ... Read More
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US initial jobless claims fall to 217,000
Thursday 14 Nov 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 9 November, according to the Labor Department. Read More
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US producer prices rise 0.2pc in October
Thursday 14 Nov 2024
(Sharecast News) - US producer prices increased in October, according to the Bureau of Labor Statistics. Read More
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Eurozone employment grows in Q3, GDP at 0.4%
Thursday 14 Nov 2024
(Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursd... Read More
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US CPI rises by 0.2pc in October
Wednesday 13 Nov 2024
(Sharecast News) - The US consumer price index increased to 315.66 points in October, according to the Bureau of Labor Statistics, up from 315.30 points in September. Read More
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