Currencies News
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Fed members continue to push back against rate-cut hopes
Friday 10 May 2024
(Sharecast News) - Federal Reserve policymakers are continuing to push back against expectations for significant interest-rate cuts this year, with governor Michelle Bowman asking for patience before ... Read More
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US consumer sentiment at six-month low as outlook weakens
Friday 10 May 2024
(Sharecast News) - Consumer sentiment in the United States dropped to a six-month low in May, according to a closely watched survey from the University of Michigan, falling much more than economists w... Read More
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US jobless claims hit nine-month high
Thursday 09 May 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 4 May, according to the Department of Labor, hitting a nine-month high in the process. Read More
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China imports smash forecasts as exports also rise
Thursday 09 May 2024
(Sharecast News) - China's exports rose 1.5% in April, while imports surged 8.4%, beating forecasts, according to data released by the customs agency on Thursday. Read More
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Sweden's Riksbank trims interest rates
Wednesday 08 May 2024
(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, for the first time since 2016. Read More
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German industrial production falls less than expected
Wednesday 08 May 2024
(Sharecast News) - Industrial output in Germany fell in March, according to data released on Wednesday by the Federal Statistical Office, Destatis, though it wasn't as big a drop as expected after fig... Read More
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German exports up 0.9% in March but factory orders post shock fall
Tuesday 07 May 2024
(Sharecast News) - Germany on Tuesday reported an unexpected 0.9% rise in exports in March compared with the previous month, according to official data. Read More
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Eurozone retail sales push higher
Tuesday 07 May 2024
(Sharecast News) - Eurozone retail sales pushed higher in March, official data showed on Tuesday, beating expectations. Read More
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Eurozone construction sector struggles as new orders fall
Tuesday 07 May 2024
(Sharecast News) - The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contrib... Read More
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RBA leaves rates unchanged despite slow inflation fall
Tuesday 07 May 2024
(Sharecast News) - Australia's central bank left interest rates unchanged on Tuesday despite a slower-than-expected fall in inflation. Read More
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U.S. non-farm payroll growth slows to just 175,000 in April
Friday 03 May 2024
(Sharecast News) - Hiring in the U.S. slowed by noticeably more than expected in April, alongside lower than expected wage growth. Read More
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US services activity softens in April, ISM says
Friday 03 May 2024
(Sharecast News) - Services activity in the States shrank unexpectedly at the start of spring, marking the first contraction since December 2022. Read More
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Norway holds rates steady as expected
Friday 03 May 2024
(Sharecast News) - Norway's central bank kept interest rates on hold at 4.50% on Friday, in line with expectations, adding that a tight monetary policy stance may be necessary longer than planned to c... Read More
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Eurozone jobless rate unchanged for fifth straight month
Friday 03 May 2024
(Sharecast News) - The jobless rate in the eurozone held steady at a record low for the fifth straight month in March, according to figures released on Friday by Eurostat. Read More
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US jobless claims hold steady in week ended 26 April
Thursday 02 May 2024
(Sharecast News) - The number of Americans lining up for unemployment benefits was unchanged at 208,000 in the week ended 27 April, according to the Labor Department, remaining at the lowest level in ... Read More
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U.S. foreign trade deficit little changed in March, consumer goods imports strong
Thursday 02 May 2024
(Sharecast News) - America's shortfall on trade with the rest of the world was little changed in March, as both exports and imports suffered large declines. Read More
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US unit labour cost growth exceeds forecasts in Q1
Thursday 02 May 2024
(Sharecast News) - Workers' productivity in the U.S. slowed more sharply than anticipated at the start of 2024, pushing labour costs much higher. Read More
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German manufacturing downturn eases slightly - PMI
Thursday 02 May 2024
(Sharecast News) - The downturn in Germany's hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction. Read More
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UK economic growth to remain 'sluggish' - OECD
Thursday 02 May 2024
(Sharecast News) - UK growth is set to remain sluggish this year, a leading economic organisation forecast on Thursday, weighed down by restrictive monetary policy. Read More
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Federal Reserve stays put on rates
Wednesday 01 May 2024
(Sharecast News) - America's central bank stood pat on rates on Wednesday, but refrained from sounding a hawkish note that might tighten financial conditions further. Read More
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