Currencies News
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Eurozone inflation plunges to three-year low of 2.2% in August
Friday 30 Aug 2024
(Sharecast News) - Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting. Read More
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US pending home sales plunge to record low
Thursday 29 Aug 2024
(Sharecast News) - Pending home sales in the US unexpectedly dropped in July to a record low, as elevated interest rates continued to limit affordability. Read More
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ECB rate-cut expectations rise as German inflation hits three-year low
Thursday 29 Aug 2024
(Sharecast News) - German inflation dropped its lowest level in more than three years this month, unexpectedly falling below the 2% target set by the European Central Bank. Read More
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US initial jobless claims fall to 231,000
Thursday 29 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 24 August, according to the Department of Labor, but remained well above the average seen earlie... Read More
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US GDP growth revised higher for second quarter
Thursday 29 Aug 2024
(Sharecast News) - The annual rate of economic growth in the US more than doubled in the second quarter, according to revised estimates from the Bureau of Economic Analysis on Thursday. Read More
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Eurozone sentiment indicator posts surprise jump to 96.6 in August
Thursday 29 Aug 2024
(Sharecast News) - The eurozone's August Economic Sentiment Indicator recorded a surprise jump month on month, according to official data published on Thursday, beating expectations of no gain. Read More
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US consumer confidence beats forecasts, but labour market outlook worsens
Tuesday 27 Aug 2024
(Sharecast News) - Consumer confidence in the US rose more than expected this month, but still remained within a narrow range that has prevailed over the past two years. Read More
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US home price growth continues to outpace inflation in June
Tuesday 27 Aug 2024
(Sharecast News) - US home price growth continued to outpace inflation in June, according to the S&P/Case Shiller US home price index, rising 0.4% month-on-month. Read More
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German economy stagnated in second quarter, revised data shows
Tuesday 27 Aug 2024
(Sharecast News) - Economic activity in Germany held steady in the second quarter, according to upwardly revised gross domestic product estimates released on Tuesday. Read More
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German consumer sentiment to deteriorate in September - GfK
Tuesday 27 Aug 2024
(Sharecast News) - German consumer sentiment is expected to deteriorate sharply in September, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM). Read More
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'The time has come', Fed's Powell says
Friday 23 Aug 2024
(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced. Read More
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US new home sales jump in July
Friday 23 Aug 2024
(Sharecast News) - Sales of newly-built homes jumped during the previous month. Read More
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US existing home sales rebound, snap four months of declines
Thursday 22 Aug 2024
(Sharecast News) - Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors. Read More
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Boston Fed president Collins signals her support for rate cuts
Thursday 22 Aug 2024
(Sharecast News) - Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely s... Read More
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US jobless claims rise by 4,000
Thursday 22 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 17 August, according to the Labor Department. Read More
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Citi says risk/reward in US dollar longs 'attractive'
Thursday 22 Aug 2024
(Sharecast News) - Analysts sounded a positive note on the outlook for the US dollar, pointing out a mix of potential catalysts that might provide support. Read More
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Olympics deliver unexpected boost to euro area PMIs in August
Thursday 22 Aug 2024
(Sharecast News) - Economic activity in the euro area picked up unexpectedly last month, mainly due to the boost from the Olympics, the results of a closely followed survey revealed. Read More
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US nonfarm payrolls revised down by 818,000
Wednesday 21 Aug 2024
(Sharecast News) - The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision... Read More
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CMA cans Apple, Google app market probes ahead of new regulation
Wednesday 21 Aug 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has closed its investigations into Google's Play Store and Apple's App Store, it announced on Wednesday, shifting its focus to the forthc... Read More
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China launches probe into EU dairy subsidies
Wednesday 21 Aug 2024
(Sharecast News) - China launched an anti-subsidy investigation into dairy products imported from the European Union on Wednesday, intensifying trade tensions between Beijing and Brussels. Read More
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