Currencies News
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China's central bank to trim reserve requirements
Wednesday 24 Jan 2024
(Sharecast News) - China's central bank is to cut the amount of cash lenders must hold, it was confirmed on Wednesday, the latest move designed to bolster the country's ailing economy. Read More
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Ifo cuts German growth forecasts
Wednesday 24 Jan 2024
(Sharecast News) - A leading economic think tank has trimmed its growth forecasts for Germany, it was confirmed on Wednesday, in response to government plans to cut spending. Read More
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Eurozone business activity falls at slowest rate since June - PMI
Wednesday 24 Jan 2024
(Sharecast News) - Business activity in the eurozone fell at the slowest rate for six months in January, according to provisional survey data released on Wednesday, albeit with downturns persisting in... Read More
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Chinese authorities mulling stock market rescue package - report
Tuesday 23 Jan 2024
(Sharecast News) - Beijing is considering a possible rescue package to help bolster China's struggling stock markets, it was reported on Tuesday. Read More
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BoJ leaves rates unchanged, cuts inflation forecasts
Tuesday 23 Jan 2024
(Sharecast News) - The Bank of Japan kept interest rates in negative territory as expected on Tuesday, but reduced its forecasts for inflation this year on the back of falling oil prices. Read More
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US consumer sentiment at highest since mid-2021
Friday 19 Jan 2024
(Sharecast News) - Consumer sentiment rose to its highest in two and a half years in January, according to a closely watched survey released on Friday by the University of Michigan. Read More
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US existing home sales drop to lowest level since 1995 - NAR
Friday 19 Jan 2024
(Sharecast News) - US existing home sales fell in December to the lowest level since 1995, according to data released on Friday by the National Association of Realtors. Read More
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German producer prices fall sharply
Friday 19 Jan 2024
(Sharecast News) - German producer prices fell sharply in December, office data showed on Friday, by more than expected. Read More
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Japanese inflation cools to 17-month low
Friday 19 Jan 2024
(Sharecast News) - Japanese inflation slowed in December to its lowest in 17 months, according to figures released late on Thursday by the government, as energy prices fell and upwards pressure on cor... Read More
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Philadelphia Fed manufacturing index rises in January
Thursday 18 Jan 2024
(Sharecast News) - The Philadelphia Federal Reserve's manufacturing index rose 2.2 points in January to a reading of -10.6, an 18th negative reading in the past 20 months, worse than market estimates... Read More
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EU new car registrations fall in December as EV sales sink
Thursday 18 Jan 2024
(Sharecast News) - Car sales in Europe fell year-on-year in December after 16 straight months of growth with new battery-electric car sales declining for the first time since the onset of the Covid pa... Read More
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US housing starts and building permits beat estimates
Thursday 18 Jan 2024
(Sharecast News) - US housing starts in the US fell less than expected in December while building permits rose strongly, according to data released on Thursday by the Census Bureau. Read More
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US jobless claims fall by 16,000
Thursday 18 Jan 2024
(Sharecast News) - Americans lined up for state assistance at a decelerated pace in the week ended 18 January, according to the Labor Department. Read More
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Eurozone construction registers steepest annual drop in nearly three years
Thursday 18 Jan 2024
(Sharecast News) - Construction output in the eurozone fell again in November, registering its biggest annual drop in nearly three years, according to data released on Thursday by Eurostat. Read More
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NAHB housing market index rises to 44 in January
Wednesday 17 Jan 2024
(Sharecast News) - The National Association of Housebuilders' housing market index rose to 44 in January, up from 37 in the previous month, extending its rebound from a low touched in November and fir... Read More
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US retail sales jump 0.6% in December
Wednesday 17 Jan 2024
(Sharecast News) - US retail sales soared 0.6% month-on-month in December, according to the Census Bureau, beating forecasts of 0.4% for the biggest increase in three months. Read More
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Eurozone inflation rises, but downward trend expected to resume
Wednesday 17 Jan 2024
(Sharecast News) - The sharp pick-up in eurozone inflation in December was confirmed on Wednesday, according to final estimates from Eurostat, but forecasts suggests price pressures will ease signific... Read More
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China GDP just misses estimates, population falls again
Wednesday 17 Jan 2024
(Sharecast News) - China's economy continued to struggle at the end of last year as it recorded another decline in population and fourth-quarter gross domestic product expanded at 5.2%, just missing e... Read More
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Empire State manufacturing index plummets in January
Tuesday 16 Jan 2024
(Sharecast News) - The New York Empire State manufacturing index fell to -43.7 in January, according to the Federal Reserve, the lowest reading since May 2020, pointing to a sharp drop in manufacturin... Read More
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German investor sentiment improves in January - ZEW
Tuesday 16 Jan 2024
(Sharecast News) - German business sentiment improved in January, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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