Currencies News
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Europe construction output shows healthy growth in January
Tuesday 21 Mar 2023
(Sharecast News) - Construction output in Europe showed significant growth in January compared to the previous month, According to data from Eurostat, the statistical office of the European Union, rel... Read More
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Washington ready to act if necessary, deposit outflows have stabilised, Yellen says
Tuesday 21 Mar 2023
(Sharecast News) - The Secretary of the Treasury of the United States was set to tell a banking industry group that Washington would provide additional support if needed but that deposit outflows had ... Read More
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German investor sentiment deteriorates in March - ZEW
Tuesday 21 Mar 2023
(Sharecast News) - German business sentiment deteriorated more than expected in March amid concerns about the banking crisis, according to a survey released on Tuesday by the ZEW Center for European E... Read More
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German economy to shrink in Q1
Monday 20 Mar 2023
(Sharecast News) - The German economy is expected to contract in the first quarter, according to the Bundesbank. Read More
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Eurozone trade narrows in January on weaker imports
Monday 20 Mar 2023
(Sharecast News) - The single currency bloc's shortfall on trade in goods with the rest of the world narrowed at the start of 2023, but only because imports fell more quickly than exports. Read More
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PBoC maintains loan prime rates as expected
Monday 20 Mar 2023
(Sharecast News) - The People's Bank of China announced on Monday that it will maintain current loan prime rates (LPR) for both one- and five-year loans, following a 0.25 percentage point cut in the r... Read More
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Consumer confidence and inflation expectations decline in March, University of Michigan says
Friday 17 Mar 2023
(Sharecast News) - Americans grew more pessimistic in early March amid persistently high prices, the results of a closely followed survey revealed. Read More
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US industrial production flatlines in February
Friday 17 Mar 2023
(Sharecast News) - US industrial output flatlined last month with weakness centred in the mining sector. Read More
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China's central bank trims reserve ratio earlier than expected
Friday 17 Mar 2023
(Sharecast News) - China's central bank, the People's Bank of China, announced on Friday that it will be cutting the reserve requirement ratio (RRR) for all banks, except those with a 5% ratio, by 25-... Read More
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Eurozone inflation eases as expected in February
Friday 17 Mar 2023
(Sharecast News) - Annual inflation in the eurozone eased in February but core inflation continued to rise, according to data released on Friday by Eurostat. Read More
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ECB goes ahead with 50 basis point interest rate hike
Thursday 16 Mar 2023
(Sharecast News) - Rate-setters in Frankfurt went ahead and raised short-term interest rates by 50 basis points despite recent heightened stress in the banking sector on either side of the Atlantic. Read More
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US import prices drop for first time since December 2020
Thursday 16 Mar 2023
(Sharecast News) - The cost of goods purchased overseas registered its first outright decline in year-on-year terms in February since December 2020. Read More
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Weekly US jobless claims drop sharply
Thursday 16 Mar 2023
(Sharecast News) - Tightness in the US jobs market showed no signs of easing, data covering the previous week showed. Read More
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US housing starts rise by more than expected in February, but details less solid
Thursday 16 Mar 2023
(Sharecast News) - Homebuilding activity in the States perked up last month, but the details of the data were a bit less impressive. Read More
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Factory sector activity worsens in US Mid-Atlantic region during March
Thursday 16 Mar 2023
(Sharecast News) - An anticipated rebound in manufacturing activity in the US mid-Atlantic region failed to materialise in March, the results of a closely followed survey revealed. Read More
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Cryptocurrencies and Bitcoin fall on fears of market illiquidity
Thursday 16 Mar 2023
(Sharecast News) - There have been cuts in the cryptocurrency market. Bitcoin (BTC) falls 1.3% in the last 24 hours to around $24,600, while Ethereum (ETH) drops 3% and slips back to $1,650. Read More
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US housing market index rises for third consecutive month
Wednesday 15 Mar 2023
(Sharecast News) - The National Association of Housebuilders/Wells Fargo housing market index increased for a third month in a row. Read More
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US producer prices dip unexpectedly in February
Wednesday 15 Mar 2023
(Sharecast News) - Wholesale inflation in the US slipped unexpectedly last month as food and services prices fell again. Read More
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US retail sales dip by less than expected in February
Wednesday 15 Mar 2023
(Sharecast News) - Americans barely reined in their spending last month, even after January's splurge. Read More
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NY manufacturing activity deteriorates sharply in March
Wednesday 15 Mar 2023
(Sharecast News) - Manufacturing activity in the New York region deteriorated sharply in March, according to data released on Wednesday. Read More
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