Currencies News
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Euro area industrial production declines in December led by Germany
Wednesday 15 Feb 2023
(Sharecast News) - Industrial output in the single currency block fell at the end of 2022 amid widespread declines by goods categories, although most major economies in fact saw gains. Read More
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Cryptos rebound after the US CPI; Bitcoin regains $22,000
Wednesday 15 Feb 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises 1.6% in the last 24 hours and regains $22,000, while Ethereum´s (ETH) gains extend to 2.8% and push it towards $1,500. Read More
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US CPI increases more quickly than expected in January
Tuesday 14 Feb 2023
(Sharecast News) - The cost of living in the US increased by more than expected at the start of 2023, as energy and shelter costs pushed up on headline and core inflation. Read More
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Fed's Barkin says US inflation coming down slowly
Tuesday 14 Feb 2023
(Sharecast News) - A top US central bank official said that policymakers may need to take interest rates higher than previously expected if inflation continued to run too fast. Read More
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Investor pessimism hits 12-month low in February, BofA says
Tuesday 14 Feb 2023
(Sharecast News) - The so-called 'pain trade' in risk assets was still up because investors around the world continued to exhibit caution, the results of BofA's monthly fund manager survey found. Read More
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OPEC nudges up 2023 global oil demand forecast
Tuesday 14 Feb 2023
(Sharecast News) - The Organisation of Petroleum Exporting Countries nudged up its global oil demand forecast for 2023 on the back of the improved outlook for the world economy. Read More
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Eurozone growth slows in Q4, as expected
Tuesday 14 Feb 2023
(Sharecast News) - Economic growth in the eurozone slowed in the final quarter of last year, according to final data released on Tuesday by Eurostat. Read More
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Cryptos and Bitcoin await inflation data with losses after SEC hit
Tuesday 14 Feb 2023
(Sharecast News) - Cryptocurrencies are not recovering on Tuesday. Bitcoin (BTC) falls 0.4% and remains below $22,000 ($21,770), while Ethereum (ETH) drops 0.93% and remains on the verge of losing $1,... Read More
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Japan Q4 GDP rises by 0.6%, falls short of consensus
Tuesday 14 Feb 2023
(Sharecast News) - Japan's economy grew more slowly than expected at the end of 2022 amid restrained household spending and business investment. Read More
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SEC and inflation sink 'cryptos'; Bitcoin could test $20,000
Monday 13 Feb 2023
(Sharecast News) - Cryptocurrencies turn bearish. Bitcoin (BTC) rises slightly after retreating 4.5% in the last week and remains below $21,900, while Ethereum (ETH) drops 0.85%, falling more than 7% ... Read More
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EU economy to avoid recession this year, says European Commission
Monday 13 Feb 2023
(Sharecast News) - The European Commission lifted its growth forecasts on Monday as it said the European Union and the eurozone were set to "narrowly avoid" a technical recession this year. Read More
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US consumer confidence edges higher in February, University of Michigan says
Friday 10 Feb 2023
(Sharecast News) - Americans grew a tad more confident towards the middle of February, the results of a very closely followed survey revealed. Read More
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Russia to cut oil output by 500,000 barrels a day
Friday 10 Feb 2023
(Sharecast News) - Russia said on Friday that it will oil production by 500,000 barrels a day next month in retaliation against Western sanctions over the war in Ukraine. Read More
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Cryptos and Bitcoin plummet after SEC ruling against Kraken
Friday 10 Feb 2023
(Sharecast News) - Cryptocurrencies are plummeting on Friday. Bitcoin (BTC) has fallen 3.4% in the last 24 hours and lost $22,000, while Ethereum´s (ETH) drop is sharper: it has retreated 4.9% and is ... Read More
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China CPI ticks higher in January
Friday 10 Feb 2023
(Sharecast News) - Consumer price inflation in China ticked up in January as the country reopened after more than two years of Covid restrictions, according to figures released on Friday by the Nation... Read More
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US initial jobless claims rise by 13,000
Thursday 09 Feb 2023
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the seven days ended 4 February. Read More
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Cryptos fall; Bitcoin loses $23,000 on inflation concerns
Thursday 09 Feb 2023
(Sharecast News) - The cryptocurrency market turns bearish. Bitcoin (BTC) falls 2% in the last 24 hours and stands at around $22,700, while Ethereum (ETH) drops 2.5% and remains at $1,630. Read More
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Sweden lifts rates to 3%, sees rise in spring, to start bond sales in April
Thursday 09 Feb 2023
(Sharecast News) - Sweden's central bank lifted its benchmark policy rate to by 0.5 percentage points to 3% on Thursday and said a further rise was likely in the spring as it also announced a governme... Read More
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German consumer prices rise by less than expected in January
Thursday 09 Feb 2023
(Sharecast News) - The cost of living in Germany rose by less than expected by economists at the start of 2023. Read More
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Fed's Williams says there's still 'work to do', 'a lot of uncertainty ' around inflation outlook
Wednesday 08 Feb 2023
(Sharecast News) - The Federal Reserve has its work cut out for it in bringing supply and demand into balance, a top official said. Read More
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