Currencies News
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German inflation confirmed at 2.2% in November
Tuesday 10 Dec 2024
(Sharecast News) - German inflation was confirmed at 2.2% in November, the federal statistics office said on Tuesday. Read More
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RBA's dovish tilt raises bets on rate cut next year
Tuesday 10 Dec 2024
(Sharecast News) - The Reserve Bank of Australia on Tuesday held rates steady but raised hopes that there could be a cut on the way after policy makers said they had gained "some confidence" that infl... Read More
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Eurozone investor confidence hits 13-month low as outlook worsens
Monday 09 Dec 2024
(Sharecast News) - Investor confidence in the eurozone weakened to its lowest level in 13 months in December, according to Sentix, on the back of gloomy economic data from Germany and political turmoi... Read More
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Beijing commits to 'more proactive' stimulus measures
Monday 09 Dec 2024
(Sharecast News) - China's leadership committed to "more proactive" fiscal measures and a moderately looser monetary policy for 2025, it emerged overnight on Monday, in a bid to bolster domestic consu... Read More
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China CPI fall indicates stimulus measures failing to have an impact
Monday 09 Dec 2024
(Sharecast News) - Chinese inflation fell to its lowest level in five months indicating that recent stimulus measures from the government had failed to stimulate demand in the world's second-biggest e... Read More
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US non-farm payrolls rise more quickly than expected in November
Friday 06 Dec 2024
(Sharecast News) - Hiring in the US rebounded a tad more strongly than expected last month, once the impact from hurricanes and strikes in October had passed. Read More
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US consumer confidence hits seven-month high, inflation expectations rise
Friday 06 Dec 2024
(Sharecast News) - Consumer confidence in the US rose for a fifth month running in December, the results of a closely followed survey revealed. Read More
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Eurozone GDP growth picks up in Q2
Friday 06 Dec 2024
(Sharecast News) - Economic output in the euro area rose more quickly over the three months ending in September than over the preceding quarter, as Germany skirted recession and aggregate demand in Ir... Read More
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German industrial production falls unexpectedly in October
Friday 06 Dec 2024
(Sharecast News) - German industrial production fell unexpectedly in October, due to declines in energy production and the automotive industry, according to official data published on Friday. Read More
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Crude prices gain as OPEC+ extends supply cuts
Thursday 05 Dec 2024
(Sharecast News) - Oil prices were up on Thursday as OPEC+ members agreed to extend supply cuts for three months to the end of March after their recent non-ministerial meeting. Read More
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US initial jobless claims rise to 224,000
Thursday 05 Dec 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 30 November, according to the Labor Department, hitting 224,000, up from 213,000 in the... Read More
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Bitcoin breaches $100,000 for first time
Thursday 05 Dec 2024
(Sharecast News) - Bitcoin topped $100,000 for the first time on Thursday, after Donald Trump nominated cryptocurrency advocate Paul Atkins to run the Securities and Exchange Commission. Read More
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Eurozone retail sales fall more than expected
Thursday 05 Dec 2024
(Sharecast News) - Retail sales in the eurozone fell for the first time in four months in October, reversing gains made the month before, according to figures out on Thursday from Eurostat. Read More
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New orders slide in Eurozone construction sector - PMI
Thursday 05 Dec 2024
(Sharecast News) - The Eurozone's construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc's faltering economy. Read More
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German factory orders fall less than expected
Thursday 05 Dec 2024
(Sharecast News) - Factory orders in Germany slipped back in October after an upwardly revised surge the previous month, according to figures out on Thursday from Destatis. Read More
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ISM services PMI declines in November
Wednesday 04 Dec 2024
(Sharecast News) - The Institute for Supply Management's November services PMI declined to 52.1 in November, down from 56 in October and well and truly short of expectations for a reading of 55.5. Read More
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US private sector adds fewer jobs than expected in November - ADP
Wednesday 04 Dec 2024
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP. Read More
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US weekly mortgage applications rise 2.8pc
Wednesday 04 Dec 2024
(Sharecast News) - US mortgage applications rose 2.8% in the week ended 29 November, according to the Mortgage Bankers Association. Read More
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OECD ups growth forecast but warns of risks from protectionism, geopolitics
Wednesday 04 Dec 2024
(Sharecast News) - Global economic activity is expected to accelerate next year, according to the OECD, but geopolitical instability and protectionist moves by governments threaten to disrupt the path... Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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