Currencies News
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Bank of Japan keeps negative interest rates unchanged
Tuesday 19 Dec 2023
(Sharecast News) - The Bank of Japan has kept short-term interest rates at -0.1% as it continues to encourage banks to lend more and kickstart an economic recovery, but said it is keeping a close eye ... Read More
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US housing market index rises in December
Monday 18 Dec 2023
(Sharecast News) - The National Association of Housebuilders' housing market index edged up to 37 in December, up from an almost 12-month low of 34 in November and beating forecasts for a reading of 3... Read More
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Business climate unexpectedly worsens in Germany, IFO data shows
Monday 18 Dec 2023
(Sharecast News) - The business climate in Germany unexpectedly declined in December, with indicators for both current conditions and future confidence slipping. Read More
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US industrial production rises just 0.2% in November
Friday 15 Dec 2023
(Sharecast News) - Industrial output in the US rebounded by less than expected in November, according to figures released on Friday by the Federal Reserve. Read More
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Empire State manufacturing index drops sharply in December
Friday 15 Dec 2023
(Sharecast News) - Business activity in New York's manufacturing sector declined sharply this month, according to the Empire State Manufacturing Survey by the regional Federal Reserve bank on Friday. Read More
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Bundesbank cuts German GDP forecasts for 2024 and 2025
Friday 15 Dec 2023
(Sharecast News) - Germany's central bank scaled back its growth projections on Friday, forecasting a meagre rebound in economic activity after a contraction in 2023. Read More
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Eurozone PMI remains at six-month high in preliminary reading
Friday 15 Dec 2023
(Sharecast News) - A preliminary reading of Hamburg Commercial Bank's Eurozone manufacturing purchasing managers remained at a six-month high in December, coming in at 44.2 in December, short of expec... Read More
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China Nov industrial production up, but retail sales miss forecasts
Friday 15 Dec 2023
(Sharecast News) - China's November industrial output expanded at the its fastest pace since February 2022, although retail sales figures were weaker than expected as the world's second-largest econom... Read More
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ECB leaves interest rates on hold
Thursday 14 Dec 2023
(Sharecast News) - The European Central Bank left interest rates unchanged on Thursday, as widely expected. Read More
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US jobless claims unexpectedly fall
Thursday 14 Dec 2023
(Sharecast News) - The number of Americans filing for unemployment benefits fell last week, according to data released on Thursday by the Labor Department. Read More
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US retail sales rise unexpectedly in November
Thursday 14 Dec 2023
(Sharecast News) - Retail sales in the U.S. increased moderately last month led by purchases of motor vehicles and parts, as well as at non-store retailers. Read More
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Amazon wins court battle over Luxembourg back taxes
Thursday 14 Dec 2023
(Sharecast News) - Luxembourg's Court of Justice of the European Union (CJEU) ruled on Thursday that Amazon does not have to pay €250m in back taxes to Luxembourg. Read More
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Norway's central bank hikes interest rates again
Thursday 14 Dec 2023
(Sharecast News) - Norway's central bank hiked rates again on Thursday, as it looked to combat inflation. Read More
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Swiss National Bank leaves rates on hold
Thursday 14 Dec 2023
(Sharecast News) - The Swiss National Bank kept its policy rate unchanged at 1.75% on Thursday, in line with expectations. Read More
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FOMC keeps rates unchanged, but opens door to rate cuts in 2024
Wednesday 13 Dec 2023
(Sharecast News) - Policymakers at the Federal Reserve chose to keep interest rates unchanged for the third straight meeting and hinted at the possibility of monetary loosening in 2024 with inflation ... Read More
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Drop in energy prices keeps U.S. wholesale inflation under wraps in November
Wednesday 13 Dec 2023
(Sharecast News) - Wholesale prices in the States were held in check last month by a drop in energy costs. Read More
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Argentina devalues peso, slashes public spending
Wednesday 13 Dec 2023
(Sharecast News) - Argentina's new hard-right government has devalued its currency by more than half in its first package of economic measures that include slashing public spending. Read More
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Eurozone industrial production drops to three-year low
Wednesday 13 Dec 2023
(Sharecast News) - Industrial output in the eurozone slumped more than expected to a three-year low in October, according to figures out Wednesday from Eurostat. Read More
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US CPI ticks lower to 3.1% year-on-year in November
Tuesday 12 Dec 2023
(Sharecast News) - The cost of living in the U.S. drifted a tad lower in November amid another decline in energy prices. Read More
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Germany investor sentiment strengthens - ZEW
Tuesday 12 Dec 2023
(Sharecast News) - Investor sentiment ticked higher in Germany this month, a closely-watched survey showed on Tuesday, despite the country's faltering economy. Read More
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