Currencies News
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Fed's Barkin wants to return inflation to target 'relatively quickly'
Friday 16 Jun 2023
(Sharecast News) - A top Fed official said that he would be comfortable supporting further rate hikes if incoming data did not show slower demand returning inflation to 2% "relatively quickly". Read More
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US consumer confidence picks up in June, inflation expectations drop, University of Michigan says
Friday 16 Jun 2023
(Sharecast News) - Consumer confidence in the US improved a bit in June, alongside a big drop in inflation expectations. Read More
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BofA's Hartnett does not believe US stocks at start of 'new bull market'
Friday 16 Jun 2023
(Sharecast News) - A top-rated equity strategist at BofA Securities cautioned clients that he did not believe that Wall Street was starting on a "brand new shiny bull market". Read More
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Cryptos rebound, boosted by BlackRock's potential Bitcoin ETF
Friday 16 Jun 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises over 2% in the last 24 hours and reaches $25,600, while Ethereum (ETH) follows in its wake and reaches $1,670. However, both ... Read More
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Bank of Japan leaves rates unchanged
Friday 16 Jun 2023
(Sharecast News) - The Bank of Japan maintained its loose monetary policy on Friday and left interest rates unchanged, in line with expectations. Read More
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Philly Fed manufacturing index dips a bit more than expected in June
Thursday 15 Jun 2023
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region weakened a tad more than expected in June, the results of a closely followed survey showed. Read More
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ECB hikes again, revises core CPI forecasts higher
Thursday 15 Jun 2023
(Sharecast News) - Rate-setters in Frankfurt hiked its main interest rates again, as expected, as inflation appeared set to remain "too high for too long". Read More
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Eurozone balance of trade slides into deficit
Thursday 15 Jun 2023
(Sharecast News) - The Eurozone balance of trade fell back into deficit in April, official data showed on Thursday. Read More
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US retail sales hold up in May, rise 0.4%
Thursday 15 Jun 2023
(Sharecast News) - American consumers continued to spend at a steady clip last month. Read More
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Weekly US jobless claims remain unchanged, top forecasts
Thursday 15 Jun 2023
(Sharecast News) - There was a bit more slack than expected in the US jobs market during the latest week. Read More
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Fed's hawkish turn hits cryptos; Bitcoin drops below $25,000
Thursday 15 Jun 2023
(Sharecast News) - There´s been a vast bearish turnaround in cryptocurrencies. Bitcoin (BTC) falls 4% in the last 24 hours and drops below $25,000, while Ethereum (ETH) retreats 6% and tries to hold $... Read More
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China cuts rates as data shows economic recovery stalling
Thursday 15 Jun 2023
(Sharecast News) - Fears that China's economic recover was stalling were strengthened further as the country's central bank cut its benchmark policy rate for the first time in almost a year amid a raf... Read More
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Fed skips rate hike, gains time to analyse more data
Wednesday 14 Jun 2023
(Sharecast News) - Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more. Read More
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US wholesale inflation slips more than expected in May amid drop in energy
Wednesday 14 Jun 2023
(Sharecast News) - Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices. Read More
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Eurozone industrial production rebounds to post rise in May
Wednesday 14 Jun 2023
(Sharecast News) - Industrial production in the Eurozone recorded a better-than-expected rise in April, rebounding from a slump in March, official data showed on Wednesday. Read More
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Cryptos fall; Bitcoin below $26,000 ahead of Fed meeting
Wednesday 14 Jun 2023
(Sharecast News) - Cryptos fall moderately. Bitcoin (BTC) has retreated 0.7% in the last 24 hours and stands at around $25,900, while Ethereum (ETH) follows in the footsteps of the crypto queen and dr... Read More
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US CPI gains slow to 4.0% in May
Tuesday 13 Jun 2023
(Sharecast News) - The cost of living in the US rose by a tad less than anticipated last month. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German inflation slows as energy prices cool
Tuesday 13 Jun 2023
(Sharecast News) - German inflation continued to slow in May, official data showed on Tuesday, in line with expectations. Read More
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