Currencies News
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Chinese inflation eases more than expected
Thursday 09 Mar 2023
(Sharecast News) - Chinese consumer price inflation eased more than expected in February, according to data released on Thursday by the National Bureau of Statistics. Read More
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Silvergate bankruptcy and the Fed drive Bitcoin to its lowest level in a month
Thursday 09 Mar 2023
(Sharecast News) - Read More
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Size of next Fed rate hike not yet decided, Powell says
Wednesday 08 Mar 2023
(Sharecast News) - Jerome Powell told US lawmakers that no decision had as yet been taken regarding the size of the potential rate hike at the central bank's 21-22 March policy meeting. Read More
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US foreign trade rises by a tad less than expected in February
Wednesday 08 Mar 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened by slightly less than anticipated in January. Read More
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US job openings decline by less than anticipated in January
Wednesday 08 Mar 2023
(Sharecast News) - The number of job openings in the US declined at the start of 2023 albeit by less than anticipated. Read More
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US private sector adds more jobs than expected
Wednesday 08 Mar 2023
(Sharecast News) - Private sector employment in the US rose more than expected in February, according to the latest data from ADP. Read More
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Eurozone economy stagnates in Q4
Wednesday 08 Mar 2023
(Sharecast News) - The eurozone economy stagnated in the final quarter of last year, according to data released on Wednesday by Eurostat. Read More
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Powell and the Fed sink cryptos; Bitcoin loses $22,000
Wednesday 08 Mar 2023
(Sharecast News) - Cryptocurrencies are not getting back on their feet. Bitcoin (BTC) drops 1.9% in the last 24 hours and falls below $22,000 for the first time in a month, while Ethereum (ETH) drops ... Read More
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German industrial production posts surprise 3.5% rise in January
Wednesday 08 Mar 2023
(Sharecast News) - German industrial production in January rose far more than expected, surging 3.5% on the previous month's fall, according to data released by the federal statistical office on Wedne... Read More
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Fed's Powell tells Senate 50bp rate hikes possible - if needed
Tuesday 07 Mar 2023
(Sharecast News) - The head of the Federal Reserve kept the door open to larger rate hikes - if needed - while pointing out that recent economic data had been stronger than expected. Read More
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US wholesale inventories fall 0.4% in January
Tuesday 07 Mar 2023
(Sharecast News) - Wholesale inventories decreased 0.40% month-on-month in January, in line with analysts' estimates. Read More
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BoE's Mann warns sterling could fall further
Tuesday 07 Mar 2023
(Sharecast News) - Bank of England policymaker Catherine Mann cautioned on Tuesday that sterling could weaken further if investors have not yet fully priced in hawkish comments from the US Federal Res... Read More
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Cryptos await Powell; Bitcoin tepid at $22,400
Tuesday 07 Mar 2023
(Sharecast News) - Little movement and lukewarmness in cryptocurrencies. Bitcoin (BTC) turns slightly upward and rises 0.1% in the last 24 hours to $22,400. Ethereum (ETH), meanwhile, rebounds 0.5% an... Read More
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German factory orders make surprise 1% jump in January
Tuesday 07 Mar 2023
(Sharecast News) - German January factory orders recorded a surprise 1% increase, driven by aircraft orders, official data revealed on Tuesday. Read More
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Chinese exports continue to decline in February
Tuesday 07 Mar 2023
(Sharecast News) - China's foreign trade surplus over the first two months of 2023 was larger than expected as the economy reopened and exports rebounded, while import growth lagged behind. Read More
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China sets modest growth target for 2023
Monday 06 Mar 2023
(Sharecast News) - China is aiming for economic growth of just 5% this year, its lowest target for decades, as the country looks to restore economic stability. Read More
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Eurozone retail sales increase at slower than expected rate
Monday 06 Mar 2023
(Sharecast News) - Retail sales increased at a slower than expected clip across the Eurozone in January, with household budgets continuing to be strained by both high inflation and rising interest rat... Read More
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ECB's Lane says rates to rise further after March increase
Monday 06 Mar 2023
(Sharecast News) - The European Central Bank's chief economist said on Monday that the Bank will likely need to increase borrowing costs further after next week's planned hike. Read More
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Eurozone economic sentiment unexpectedly deteriorates
Monday 06 Mar 2023
(Sharecast News) - Investor sentiment in the eurozone unexpectedly deteriorated in March, according to data released on Monday. Read More
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Uncertainty for Bitcoin and cryptos due to macro data, Silvergate and the Fed
Monday 06 Mar 2023
(Sharecast News) - The cryptocurrency market remains in no man's land and shows no signs of improving. Bitcoin (BTC) is trading virtually flat at $22,400, while Ethereum (ETH) has dropped 0.4%, at $1,... Read More
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