Currencies News
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Cryptos rebound; Powell boosts Bitcoin above $23,000
Wednesday 08 Feb 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises 1.2% in the last 24 hours and exceeds $23,200, while Ethereum (ETH) soars 2.6% and flirts with $1,700. Read More
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Fed's Powell says message from last policy meeting was that "disinflation process" had begun
Tuesday 07 Feb 2023
(Sharecast News) - The head of the US central bank told an audience that the "message" from its last policy meeting was that the "disinflation process" had begun. Read More
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US foreign trade deficit widens a tad less than expected in January
Tuesday 07 Feb 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened by less than expected at the end of 2022, as import growth picked up. Read More
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Fed's Kashkari tells CNBC rates headed to 5.25-5.5%
Tuesday 07 Feb 2023
(Sharecast News) - A top US central bank official made the case for "aggressive" interest rate hikes in the wake of recent far stronger-than-expected readings for hiring. Read More
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Nervousness abounds in cryptos and Bitcoin as they await Powell's remarks
Tuesday 07 Feb 2023
(Sharecast News) - Few movements in cryptocurrencies, while they wait for Federal Reserve (Fed) Chairman Jerome Powell to speak today, on Tuesday. Bitcoin (BTC) is practically flat in the last 24 hour... Read More
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German industrial production falls more than expected
Tuesday 07 Feb 2023
(Sharecast News) - German industrial production fell much more than expected in December, according to figures released by Destatis on Tuesday. Read More
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Liberum downgrades Taylor Wimpey on valuation grounds
Monday 06 Feb 2023
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector. Read More
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Eurozone retail sales fall more than expected in December
Monday 06 Feb 2023
(Sharecast News) - Eurozone retail sales fell a little more than expected in December, according to figures released on Monday by Eurostat. Read More
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German factory orders rebound in December on large-scale demand
Monday 06 Feb 2023
(Sharecast News) - German factory orders bounced back in December as large-scale orders boosted demand, according to official data released on Monday. Read More
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US services sector activity rebounds in January
Friday 03 Feb 2023
(Sharecast News) - Activity in the US services sector rebounded sharply at the beginning of the year, led by a surge in new orders, the results of a closely followed survey revealed. Read More
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US non-farm payrolls jump by 517,000 in January
Friday 03 Feb 2023
(Sharecast News) - Hiring in the US shot higher at the start of 2023. Read More
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Eurozone economy grows for first time since June 2022
Friday 03 Feb 2023
(Sharecast News) - The eurozone economy grew in January for the first time since June 2022, according to a survey released on Friday. Read More
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Bitcoin and cryptocurrencies fall, pending the US jobs report
Friday 03 Feb 2023
(Sharecast News) - The cryptocurrency market falls once again. Bitcoin (BTC) has dropped more than 1.5% in the last 24 hours and is below $23,500 after reaching over $24,000 previously. For its part, ... Read More
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China services activity expands more than expected
Friday 03 Feb 2023
(Sharecast News) - Activity in China's services sector expanded more than expected in January as Covid curbs were eased, according to data released on Friday. Read More
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London close: Stocks jump as investors eye interest rate peak
Thursday 02 Feb 2023
(Sharecast News) - London stocks jumped on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row. Read More
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ECB raises rates by 50bp, flags March hike
Thursday 02 Feb 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates by 50 basis points on Thursday as was widely expected. Read More
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US layoff announcements more than double in January, Challenger says
Thursday 02 Feb 2023
(Sharecast News) - US layoff announcements more than doubled in January as firms girded themselves for an anticipated recession, according to the latest tally from one of the country's best known staf... Read More
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Weekly US jobless claims slip lower again
Thursday 02 Feb 2023
(Sharecast News) - Unemployment claims in the US continued to run below forecasts over the preceding week, defying expectations for a post-Christmas rebound. Read More
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US Q4 labour productivity beats forecasts, limiting unit cost growth
Thursday 02 Feb 2023
(Sharecast News) - Fourth quarter labour productivity in the US was higher than expected, helping to limit unit labour cost growth. Read More
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Germany manufacturing materials shortages fall in January - Ifo
Thursday 02 Feb 2023
(Sharecast News) - Materials shortages have decreased in German manufacturing, according to a survey by the Ifo economic institute published on Thursday. Read More
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