Currencies News
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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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US homebuilder confidence may have hit bottom in December, NAHB says
Wednesday 18 Jan 2023
(Sharecast News) - Homebuilder confidence in the US may have hit bottom at the end of the previous year thanks to a "modest" decline in interest rates, a leading business lobby group said. Read More
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US producer prices undershoot forecasts in December
Wednesday 18 Jan 2023
(Sharecast News) - Wholesale prices undershot market expectations by a wide margin at the end of 2022. Read More
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Eurozone inflation eases in December, in line with flash estimate
Wednesday 18 Jan 2023
(Sharecast News) - Consumer price inflation in the eurozone eased in December, according to figures released on Wednesday by Eurostat, in line with an earlier flash estimate. Read More
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Cryptocurrencies are not slowing down; Bitcoin consolidates at $21,200
Wednesday 18 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down and is approaching a total capitalization of $1 trillion. Bitcoin (BTC) rallies 0.6% in the last 24 hours and consolidates at $21,200; ... Read More
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BoJ suprises markets and holds on yield curve controls
Wednesday 18 Jan 2023
(Sharecast News) - The Bank of Japan surprised markets on Wednesday and left its yield curve control (YCC) measures unchanged as it maintained its cheap-money policy, sparking a surge in equities, but... Read More
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Empire State factory index drops sharply in January
Tuesday 17 Jan 2023
(Sharecast News) - Factory sector activity in the New York area fell sharply at the start of 2023, the results of a closely followed survey revealed. Read More
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Investors remain 'bearish', BofA fund manager survey shows
Tuesday 17 Jan 2023
(Sharecast News) - Humans remained bearish albeit a lot less so than in the last quarter of 2022, BofA's global fund manager survey for January showed. Read More
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Investor morale jumps in Germany
Tuesday 17 Jan 2023
(Sharecast News) - Investor sentiment bounced back in Germany, a closely-watched survey suggested on Tuesday, beating expectations. Read More
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Germany sees inflation ease
Tuesday 17 Jan 2023
(Sharecast News) - German inflation continued to ease in December, official data showed on Tuesday, as energy prices softened. Read More
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Growth slows in China as Covid weighs heavily
Tuesday 17 Jan 2023
(Sharecast News) - China's economy grew by just 3% last year, official data showed on Tuesday, well below government targets and one of the slowest rates since the 1970s. Read More
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Cryptocurrencies remain calm; Bitcoin consolidates at the $21,000 level
Tuesday 17 Jan 2023
(Sharecast News) - The cryptocurrency market is poised to regain activity on Tuesday. Bitcoin (BTC) has risen slightly in the last 24 hours and consolidates above $21,100. Ethereum (ETH), meanwhile, p... Read More
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Bitcoin rises above $21,000, but experts recommend "controlling enthusiasm"
Monday 16 Jan 2023
(Sharecast News) - Bitcoin recovers positions in a very prominent way, managing to rise above $21,000 after overcoming the resistance of $18,420 on Friday. Experts are wondering today, on Monday, if t... Read More
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Slower US wage growth in December may point to 25bp Fed hike, Barclays says
Friday 13 Jan 2023
(Sharecast News) - US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022. Read More
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Consumer confidence rises and inflation expectations drop in December, University of Michigan says
Friday 13 Jan 2023
(Sharecast News) - Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed. Read More
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US import prices register first increase in six months
Friday 13 Jan 2023
(Sharecast News) - US import prices unexpectedly broke a five-month streak of declines at the end of 2022. Read More
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Eurozone industrial production sparks
Friday 13 Jan 2023
(Sharecast News) - Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday. Read More
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German economy grows touch more than expected in 2022
Friday 13 Jan 2023
(Sharecast News) - The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis. Read More
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Cryptocurrencies rise unabated; Bitcoin flirts with the $19,000 mark
Friday 13 Jan 2023
(Sharecast News) - The cryptocurrency market continues to rise and recovers the $900 billion market capitalization. Bitcoin (BTC) has risen almost 4% in the last 24 hours and stands at $18,820, as it ... Read More
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China's exports, imports tumble
Friday 13 Jan 2023
(Sharecast News) - Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened. Read More
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