Currencies News
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China's economy falters in October
Tuesday 15 Nov 2022
(Sharecast News) - China's economy lost momentum in October, official data showed on Tuesday, hit by both Covid restrictions and weaker demand. Read More
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Tense calm and few notable movements in the cryptocurrency market
Tuesday 15 Nov 2022
(Sharecast News) - Seemingly quiet Tuesday for cryptocurrencies. The market barely registers significant entry or exit movements and remains cautious after a few very agitated days due to the FTX bank... Read More
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Opec cuts forecasts as economic outlook weakens
Monday 14 Nov 2022
(Sharecast News) - Opec trimmed its forecasts for global oil demand on Monday, as the outlook for the economy darkened. Read More
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Plans to boost China's property sector send stocks soaring
Monday 14 Nov 2022
(Sharecast News) - Beijing has reportedly moved to shore up the country's ailing real estate sector, sending property stocks soaring. Read More
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Eurozone industrial output rises more than expected in September
Monday 14 Nov 2022
(Sharecast News) - Eurozone industrial production rose more than expected in September, according to figures released by Eurostat on Monday. Read More
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Cryptocurrency market tries to recover after FTX bankruptcy
Monday 14 Nov 2022
(Sharecast News) - The cryptocurrency market continues to recover from the hard blow of the FTX debacle. After a weekend in which they extended losses and where Bitcoin (BTC) fell back below $16,000, ... Read More
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US consumer confidence slips in mid-November, University of Michigan says
Friday 11 Nov 2022
(Sharecast News) - Consumer confidence in the US fell back at the start of November with expectations for inflation over the year ahead ticking higher, the results of a closely-followed survey reveale... Read More
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Top US general sees potential for talks between Kyiv and Moscow
Friday 11 Nov 2022
(Sharecast News) - America's top general believes he sees scope for diplomatic talks between Kyiv and Moscow. Read More
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Chinese stocks and commodities jump as Beijing eases some Covid-19 restrictions
Friday 11 Nov 2022
(Sharecast News) - Chinese stocks and the country's currency pushed higher after the Politburo Standing Committee issued new guidance aimed at better implementing its Zero-Covid policy. Read More
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European Commission downgrades 2023 eurozone growth forecasts
Friday 11 Nov 2022
(Sharecast News) - The European Commission has upgraded its forecast for eurozone growth this year, but downgraded the forecast for 2023, citing the impact of the war in Ukraine. Read More
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European Commission downgrades eurozone growth forecasts for 2023
Friday 11 Nov 2022
(Sharecast News) - The European Commission has upgraded its forecast for eurozone growth this year, but downgraded the forecast for 2023, citing the impact of the war in Ukraine. Read More
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Cryptocurrencies celebrate U.S. CPI data, but FTX's shadow is lengthening
Friday 11 Nov 2022
(Sharecast News) - The cryptocurrency market celebrates the U.S. CPI reading for October as if it were a canteen of fresh water in the desert and, in general, it has already made significant gains in ... Read More
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German inflation reaches fresh high
Friday 11 Nov 2022
(Sharecast News) - Inflation in Germany continued to mount in October, official data showed on Friday, reaching the highest rate since reunification. Read More
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US CPI slips a bit more than expected in October
Thursday 10 Nov 2022
(Sharecast News) - The cost of living in the US slipped by more than expected last month, leading traders to pare their expectations for interest rates hikes - at least for now. Read More
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Chinese bank lending brakes sharply in October, Beijing reaffirms zero-Covid
Thursday 10 Nov 2022
(Sharecast News) - Bank lending in the People's Republic of China plumbed its lowest level in five years last month amid ongoing Covid-19 restrictions and a slump in mortgage demand. Read More
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BoJ's Kuroda says rapid one-sided weakness in yen not desirable
Thursday 10 Nov 2022
(Sharecast News) - The Governor of the Bank of Japan said that "rapid and one-sided" weakness in the yen were undesirable. Read More
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Bitcoin plummets to 2020 levels; market fears domino effect from FTX
Thursday 10 Nov 2022
(Sharecast News) - Bitcoin plummeted 15% yesterday, on Wednesday, and traded below $16,000 for the first time in two years, while Ethereum dropped 17.50% and broke October support to the downside. Cry... Read More
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Rabobank chops 12-month forecast for euro-dollar
Tuesday 08 Nov 2022
(Sharecast News) - Analysts at Rabobank took an axe to their forecasts for euro/dollar in 2023, telling clients that the currency had yet to price in the fallout of the Continent's energy crisis. Read More
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Cable rises on hopes for UK-EU breakthrough on post-Brexit customs
Tuesday 08 Nov 2022
(Sharecast News) - Sterling was on the up near the end of the session on hopes of a breakthrough in talks between Brussels and London on Northern Ireland's border and trade. Read More
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Top Fed and BoE officials say too soon to declare victory on inflation
Tuesday 08 Nov 2022
(Sharecast News) - Top officials from the Federal Reserve and Bank of England said it was too soon to declare victory over inflation. Read More
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