Currencies News
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French inflation unexpectedly slows in September
Friday 29 Sep 2023
(Sharecast News) - French inflation unexpectedly slowed in September, official data showed on Friday, as food prices started to moderate. Read More
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German retail sales record shock fall in August
Friday 29 Sep 2023
(Sharecast News) - German retail sales recorded an unexpected month-on-month 1.2% fall in August, well below forecasts of a 0.5% rise, official data released on Friday showed. Read More
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US jobless claims little changed during latest week
Thursday 28 Sep 2023
(Sharecast News) - Jobless insurance claims numbers in the U.S. were little changed during the past week, possibly reflecting companies' continued efforts to retain workers. Read More
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German inflation falls to lowest levels since start of Ukraine war
Thursday 28 Sep 2023
(Sharecast News) - Germany's inflation rate looked set to decrease to 4.5% in September, marking the lowest level seen since the onset of the war in Ukraine, according to provisional figures from the ... Read More
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German GDP forecast to contract by 0.6% this year
Thursday 28 Sep 2023
(Sharecast News) - Germany's economy is on course to contract this year, a group of leading economists warned on Thursday. Read More
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Eurozone economic sentiment deteriorates again in September
Thursday 28 Sep 2023
(Sharecast News) - Economic sentiment in the eurozone deteriorated again in September, according to a survey released on Thursday. Read More
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US durable goods orders rise slightly in September
Wednesday 27 Sep 2023
(Sharecast News) - Orders for durable goods rose slightly last month, alongside a sharp rise in those for so-called core capital goods, which are considered a good lead indicator for business investme... Read More
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US DOJ steps up probe into Credit Suisse, UBS over Russian sanctions
Wednesday 27 Sep 2023
(Sharecast News) - The US Department of Justice has reportedly stepped up its probe into Credit Suisse and UBS over suspected compliance failures that allowed Russian clients to evade sanctions. Read More
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Cryptos suffer on the prospect of a tougher Fed and stronger dollar
Wednesday 27 Sep 2023
(Sharecast News) - The cryptocurrency market remains under pressure. Bitcoin (BTC) is moderately declining and is just above $26,200, while Ethereum (ETH) is unable to regain $1,600. Read More
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German confidence weakens as consumers increase savings - GfK
Wednesday 27 Sep 2023
(Sharecast News) - German consumer confidence weakened more than expected this month, data from market research company GfK revealed on Wednesday, as elevated interest rates cause people to hide money... Read More
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US consumer confidence falls for a second straight month in September
Tuesday 26 Sep 2023
(Sharecast News) - Americans' short-term confidence fell back for a second consecutive month in September amid the recent increase in petrol prices and weakness in the stock market. Read More
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US new home sales fall by more than expected in August
Tuesday 26 Sep 2023
(Sharecast News) - New home selling activity in the U.S. slowed last month, even as the supply of houses available to be sold increased. Read More
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US house prices pick back up in July
Tuesday 26 Sep 2023
(Sharecast News) - House price gains in the U.S. picked up in July, the results of two surveys showed. Read More
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Strong bonds and dollar put Bitcoin and cryptos under pressure
Tuesday 26 Sep 2023
(Sharecast News) - There are moderate movements in the cryptocurrency market. Bitcoin (BTC) rallies 0.6% in the last 24 hours and manages to hold at $26,200, while Ethereum (ETH) follows in its wake, ... Read More
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Government shutdown would be "credit negative" for US, says Moody's
Tuesday 26 Sep 2023
(Sharecast News) - A government shutdown would be "credit negative" for the US economy, warned Moody's Investors Service in a report late Monday. Read More
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Germany business confidence falls again - Ifo
Monday 25 Sep 2023
(Sharecast News) - German business morale declined for the tenth consecutive month in September, adding to the list of data showing Europe's biggest economy was struggling to shake off high inflation,... Read More
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Cryptos remain depressed after Fed; Bitcoin could fall to $23,000
Monday 25 Sep 2023
(Sharecast News) - Cryptocurrencies consolidate their bearish turn. Bitcoin (BTC) and Ethereum (ETH) fall around 1% in the last 24 hours, although they start the week with moderate rises, and stand at... Read More
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US economic activity little changed in August, PMIs show
Friday 22 Sep 2023
(Sharecast News) - The pace of economic activity in the U.S. was little changed last month, the results of two surveys showed. Read More
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German business activity contracts through Q3 - PMI
Friday 22 Sep 2023
(Sharecast News) - German private sector business activity remained in contraction territory in the third quarter, according to Friday's HCOB flash composite purchasing managers' index (PMI) output i... Read More
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BoA stays negative on European equities, sees 15% downside for Stoxx 600
Friday 22 Sep 2023
(Sharecast News) - Equity strategists at Bank of America sounded a pessimistic note on the outlook for European equities now that the European Central Bank was likely done hiking rates. Read More
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