Currencies News
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Euro area business activity stabilises in January, PMIs show
Tuesday 24 Jan 2023
(Sharecast News) - Business activity in the single currency bloc steadied at the start of 2023 thanks to lower energy prices and optimism around China's reopening, the results of two closely followed ... Read More
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Contraction in US private sector activity eases in January, PMIs show
Tuesday 24 Jan 2023
(Sharecast News) - The rate of decline in US private sector activity eased at the start of 2023, although hiring remained soft, survey results revealed. Read More
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Cryptocurrencies rebound; Bitcoin recovers at the $23,000 level
Tuesday 24 Jan 2023
(Sharecast News) - The cryptocurrency market has rebounded remarkably after a hesitant start of the week. Bitcoin (BTC) has risen more than 1% in the last 24 hours and is now above $23,000; the reboun... Read More
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German consumer confidence edges higher
Tuesday 24 Jan 2023
(Sharecast News) - German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease. Read More
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Index of leading US economic indicators falls by more than expected in December
Monday 23 Jan 2023
(Sharecast News) - A gauge of economic indicators designed to provide forward guidance on the US economy fell more sharply than expected at the end of 2022. Read More
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Bitcoin targets $23,000; is correction in sight for 'cryptos'?
Monday 23 Jan 2023
(Sharecast News) - Calm reigns in the cryptocurrency market. Bitcoin (BTC) has dropped 0.75% in the last 24 hours, but remains close to $23,000, while Ethereum (ETH) has accumulated a rise of 0.47% in... Read More
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German producer prices fall in December
Friday 20 Jan 2023
(Sharecast News) - German producer price inflation fell slowed sharply in December to its lowest rate in more than a year, according to official data released on Friday, in another sign that cost and ... Read More
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Crypto lender Genesis files for bankruptcy
Friday 20 Jan 2023
(Sharecast News) - Crypto broker Genesis has filed for bankruptcy protection, the latest firm to falter in the aftermath of FTX's collapse. Read More
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Cryptos rebound; Bitcoin hovers around $21,000 after Genesis bankruptcy
Friday 20 Jan 2023
(Sharecast News) - Moderate rebound in the cryptocurrency market. Bitcoin (BTC) is near $21,000 after rising 0.5% in the last 24 hours, while Ethereum (ETH) has soared 1.2% to $1,550 after a day of he... Read More
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Boston Fed's Collins argues for rates rising to just above 5.0%
Thursday 19 Jan 2023
(Sharecast News) - The head of the Federal Reserve Bank of Boston argued for interest rate hikes to just above 5.0% and then holding at that level "for some time". Read More
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US housing starts and permits slip in December
Thursday 19 Jan 2023
(Sharecast News) - Builders in the US broke ground on fewer homes in December, roughly as expected. Read More
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US jobless claims fall to four month low
Thursday 19 Jan 2023
(Sharecast News) - Americans filed new unemployment claims at a slower pace in the week ended 14 January, according to the Department of Labor. Read More
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Philly Fed index improves a little in January, price gauges ease
Thursday 19 Jan 2023
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region at the start of 2023 improved a little, the results of a very closely followed survey revealed. Read More
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ECB's Knot says investors 'underestimating" rate hikes pace
Thursday 19 Jan 2023
(Sharecast News) - The European Central Bank will not stop with one single 50 basis point hike at its next rate-setting meetings, said board member and Dutch central bank governor Klass Knot, who also... Read More
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Cryptocurrencies turn bearish after Bitzlato closure and Genesis rumors
Thursday 19 Jan 2023
(Sharecast News) - There´s been a 180-degree turn in the cryptocurrency market. After two weeks of uninterrupted rises, Bitcoin (BTC) and Ethereum´S (ETH) bullish streak has come to an end. The world'... Read More
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Thursday preview: US data, Fedspeak in focus
Wednesday 18 Jan 2023
(Sharecast News) - The market spotlight on Thursday was expected to continue to be on US and the Federal Reserve. Read More
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US tech layoffs running at highest level since 2015, Challenger says
Wednesday 18 Jan 2023
(Sharecast News) - Layoff announcements among US technology firms reached their highest monthly level for seven years following Microsoft's announcement earlier in the day that it would shed 10,000 em... Read More
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Fed's Bullard argues in favour of continuing 'rapid' rate hikes
Wednesday 18 Jan 2023
(Sharecast News) - A top US central bank official argued in favour of hiking interest rates by 50 basis points at its next meeting to ensure that inflation would fall back to the monetary authority's ... Read More
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Monthly US retail sales miss forecasts by wide margin
Wednesday 18 Jan 2023
(Sharecast News) - US retail sales softened by much more than expected towards the end of the previous year. Read More
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Unexpected weakness in US industrial production as business equipment output falls
Wednesday 18 Jan 2023
(Sharecast News) - Industrial output weakened noticeably at the tail-end of 2022 as production of business equipment fell sharply. Read More
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