Currencies News
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IMF lifts global growth forecasts; Sees softer landing for major economies
Tuesday 25 Jul 2023
(Sharecast News) - The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year. Read More
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Cryptos are showing signs of weakness; Bitcoin is close to losing $29,000
Tuesday 25 Jul 2023
(Sharecast News) - The cryptocurrency market continues to show signs of weakness. Bitcoin (BTC) has fallen nearly 2% in the last 24 hours and threatens to lose $29,000, while Ethereum (ETH) has droppe... Read More
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German business sentiment deteriorates further
Tuesday 25 Jul 2023
(Sharecast News) - German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute. Read More
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US private sector output slows in July, S&P Global says
Monday 24 Jul 2023
(Sharecast News) - Private sector output in the States slowed further in July, even as price pressures remained 'sticky', survey results showed. Read More
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Cryptos fall; Bitcoin barely moves and looks ahead to Fed meeting
Monday 24 Jul 2023
(Sharecast News) - Cryptos fall. Bitcoin (BTC) drops 0.3% to around $29,800, while Ethereum (ETH) trades practically flat at $1,870. Read More
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Activity in euro area services and at factories slows further in July
Monday 24 Jul 2023
(Sharecast News) - Activity levels in the single currency bloc's factory and services sectors slowed further in July, closely followed survey results showed. Read More
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Cryptos fall and Bitcoin loses $30,000; Ripple's momentum fizzles out
Friday 21 Jul 2023
(Sharecast News) - Moderate falls in the cryptocurrency market. Bitcoin (BTC) drops 0.7% in the last 24 hours and falls below $29,800, while Ethereum (ETH) is at $1,890 after losing 1% in the last day... Read More
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J.P.Morgan bullish on outlook for UK property stocks
Thursday 20 Jul 2023
(Sharecast News) - Analysts at J.P.Morgan sounded a 'bullish' note on the outlook for UK property stocks. Read More
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Existing home sales slip in June due to a lack of supply, NAR says
Thursday 20 Jul 2023
(Sharecast News) - The pace of existing home sales was softer than expected last month, but a leading business lobby group laid the blame at the feet of insufficient supply. Read More
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Weekly U.S. jobless claims surprise to the downside again
Thursday 20 Jul 2023
(Sharecast News) - The U.S. jobs market appeared to tighten a bit over the preceding week, hitting a two-month low in the process. Read More
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Philly Fed factory index is little changed in July
Thursday 20 Jul 2023
(Sharecast News) - Manufacturing sector activity in the U.S. mid-Atlantic region was little changed in July, according to the results of a closely followed survey. Read More
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Cryptos are still lethargic; "Bitcoin seems vulnerable to further falls"
Thursday 20 Jul 2023
(Sharecast News) - Slight rebound in the cryptocurrency market. Bitcoin (BTC) rises moderately above $30,1000, while Ethereum (ETH) drops a little and threatens the $1,900 level. Read More
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PBoC stands pat on interest rates, as expected
Thursday 20 Jul 2023
(Sharecast News) - The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month. Read More
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EZ inflation confirmed at 5.5%; Construction up 0.2%
Wednesday 19 Jul 2023
(Sharecast News) - Eurozone annual inflation was confirmed at 5.5% in June from 6.1% in May, final official data from Eurostat showed Wednesday. Read More
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Cryptos are calm; Bitcoin stagnates after post-Ripple surge
Wednesday 19 Jul 2023
(Sharecast News) - Cryptocurrencies rebound slightly. Bitcoin (BTC) rises 0.2% and is back above $30,000, while Ethereum (ETH) soars 0.5% and is back above $1,900. Read More
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U.S. industrial production surprises to the downside in June
Tuesday 18 Jul 2023
(Sharecast News) - Industrial production in the U.S. shrank unexpectedly last month. Read More
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US retail sales grow by less than anticipated in June
Tuesday 18 Jul 2023
(Sharecast News) - Retail sales volumes in the U.S. grew by less than expected last month. Read More
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ECB's Visco says inflation may come down more quickly than anticipated
Tuesday 18 Jul 2023
(Sharecast News) - Euro area inflation may come down faster than the European Central Bank's predictions, the head of Italy's monetary authority. Read More
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Bitcoin falls; the Ripple Effect dissipates and drops below $30,000
Tuesday 18 Jul 2023
(Sharecast News) - New falls in the cryptocurrency market. Bitcoin (BTC) drops about 1% and falls below $30,000, while Ethereum (ETH) retreats half a point more and is currently trying to maintain the... Read More
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J.P.Morgan reiterates 'underweight' on euro area stocks
Monday 17 Jul 2023
(Sharecast News) - Equity strategists at J.P. Morgan reiterated their 'underweight' stance towards Eurozone equities and sounded a "cautious" note on the outlook for China, a key driver of activity in... Read More
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