Currencies News
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Bank of Japan makes shock change to bond yield policy
Friday 28 Jul 2023
(Sharecast News) - The Bank of Japan on Friday maintained negative interest rates but said it would now allow "greater flexibility" in its target range for 10-year government bond yields. Read More
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Europe to probe Microsoft's bundling of Teams with Office 365
Thursday 27 Jul 2023
(Sharecast News) - The European Commission opened a formal investigation into Microsoft on Thursday, to assess whether the tech giant had violated EU competition rules. Read More
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US durable goods orders surge in June, driven by Boeing
Thursday 27 Jul 2023
(Sharecast News) - Orders for goods made to last for more than three years surged last month, driven by orders for civilian jets. Read More
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Weekly US jobless claims slip lower by surprise
Thursday 27 Jul 2023
(Sharecast News) - The U.S. jobs market tightened slightly during the previous week, contrary to expectations. Read More
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ECB says inflation still set to remain too high for too long
Thursday 27 Jul 2023
(Sharecast News) - The European Central Bank raised interest rates as expected, but judged that inflation was still set to remain too high for too long. Read More
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US goods trade deficit fall by more than expected in June
Thursday 27 Jul 2023
(Sharecast News) - America's shortfall on trade in goods with the rest of the world narrowed by slightly more than expected last month. Read More
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US GDP grows 2.4% in second quarter, slightly ahead of forecasts
Thursday 27 Jul 2023
(Sharecast News) - America's economy expanded a bit more quickly than anticipated over the second quarter. Read More
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Cryptos rise after Fed; the market interprets that there will be no more rate hikes
Thursday 27 Jul 2023
(Sharecast News) - The cryptocurrency market rises on Thursday. Bitcoin (BTC) soars about 1.2% in the last 24 hours and is back at $29,500, while Ethereum (ETH) rebounds about 2% and is approaching $1... Read More
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German consumer sentiment set to stabilise - GfK
Thursday 27 Jul 2023
(Sharecast News) - German consumer sentiment is expected to stabilise in August amid hopes of a decline in inflation, according to a survey released on Thursday by market research group GfK. Read More
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Federal Reserve hikes rates, leaves door open to more tightening
Wednesday 26 Jul 2023
(Sharecast News) - The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed. Read More
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U.S. new home sales dip in June
Wednesday 26 Jul 2023
(Sharecast News) - New home sales in the U.S. undershot economists' forecasts by a large margin last month. Read More
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US open: Alphabet and Boeing please, banks wanted
Wednesday 26 Jul 2023
(Sharecast News) - US stocks were trading on a mixed note on Wednesday as investors eyed the latest policy announcement from the Federal Reserve later in the session and a mixed batch of earnings rele... Read More
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Little movement in cryptos as they await the Fed and some positive news
Wednesday 26 Jul 2023
(Sharecast News) - Little movement in the cryptocurrency market. Bitcoin (BTC) drops moderately and remains near $29,200, while Ethereum (ETH) follows in its wake and threatens to lose $1,850. Read More
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US house prices rise in May, S&P says
Wednesday 26 Jul 2023
(Sharecast News) - Home prices in the U.S. rose in May, led by gains in the largest cities, the results of a closely watched survey showed. Read More
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US consumer confidence jumps in July, price expectations dip
Tuesday 25 Jul 2023
(Sharecast News) - Consumer confidence in the U.S. jumped in July, breaking out of the sideways range that had been seen throughout much of the past year, the results of a survey showed. Read More
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IMF lifts global growth forecasts; Sees softer landing for major economies
Tuesday 25 Jul 2023
(Sharecast News) - The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year. Read More
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Cryptos are showing signs of weakness; Bitcoin is close to losing $29,000
Tuesday 25 Jul 2023
(Sharecast News) - The cryptocurrency market continues to show signs of weakness. Bitcoin (BTC) has fallen nearly 2% in the last 24 hours and threatens to lose $29,000, while Ethereum (ETH) has droppe... Read More
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German business sentiment deteriorates further
Tuesday 25 Jul 2023
(Sharecast News) - German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute. Read More
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US private sector output slows in July, S&P Global says
Monday 24 Jul 2023
(Sharecast News) - Private sector output in the States slowed further in July, even as price pressures remained 'sticky', survey results showed. Read More
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Cryptos fall; Bitcoin barely moves and looks ahead to Fed meeting
Monday 24 Jul 2023
(Sharecast News) - Cryptos fall. Bitcoin (BTC) drops 0.3% to around $29,800, while Ethereum (ETH) trades practically flat at $1,870. Read More
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