Currencies News
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Cryptos erase gains; FTX, midterms and inflation are among the concerns
Tuesday 08 Nov 2022
(Sharecast News) - It doesn't look like it's going to be a good week for cryptocurrencies. Bitcoin (BTC), the world's largest cryptoasset, has erased its gains of recent weeks, as it accumulates a dro... Read More
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Fed has not achieved anything in jobs market, former official says
Monday 07 Nov 2022
(Sharecast News) - Americas's central bank hasn't achieved anything when it comes to softening labour market strength, a former top Federal Reserve official said. Read More
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JP Morgan sees likely peak in yields, China reopening and poor sentiment supporting stocks
Monday 07 Nov 2022
(Sharecast News) - JP Morgan equity strategists sounded a positive note on the outlook for global equities, arguing that "extremely bearish investor sentiment and light positioning" would offer suppor... Read More
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Mild autumn helps boost Eurozone investor morale
Monday 07 Nov 2022
(Sharecast News) - Investor sentiment has strengthened in the Eurozone, a closely-watched survey showed on Monday, as the mild autumn raised hopes for a better-than-feared winter. Read More
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Sharp falls for Bitcoin; crypto market fears another massive sell-off
Monday 07 Nov 2022
(Sharecast News) - Monday marks a tough start of the week for cryptocurrencies. Bitcoin (BTC), the world's largest cryptoasset, begins today with a 0.7% drop and is struggling to maintain the $20,600 ... Read More
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German industrial production rises 0.6% in September
Monday 07 Nov 2022
(Sharecast News) - German industrial production unexpectedly rose in September, according to federal statistics authority Destatis, beating market forecasts with a 0.6% month-on-month increase. Read More
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China sees exports unexpectedly fall
Monday 07 Nov 2022
(Sharecast News) - China's exports showed a surprise contraction last month, official data showed on Monday, as Covid-19 restrictions and softening global demand weighed heavily. Read More
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Pfizer BioNTech BA.4/BA.5 booster against Covid-19 shows greater efficacy
Friday 04 Nov 2022
(Sharecast News) - Pfizer and BioNTech's Covid-19 booster revealed greater efficacy against the BA.4/BA.5 variants of the virus than their original shot in persons older than 55. Read More
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US non-farm payrolls exceed forecasts for October
Friday 04 Nov 2022
(Sharecast News) - Non-farm payrolls in the US continued to grow more quickly than expected last month, although some market commentary were highlighting a decline in a measure of employment derived f... Read More
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China approves BioNTech Covid vaccine for use among expatriates
Friday 04 Nov 2022
(Sharecast News) - China approved BioNTech SE's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China. Read More
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Bitcoin manages to stay above $20,000, thanks to a bullish week
Friday 04 Nov 2022
(Sharecast News) - A bullish week in the cryptocurrency market has favored Bitcoin, as it manages to stay above $20,000 for several days in a row. However, not all analysts believe that the cryptocurr... Read More
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China preparing to end Covid flight suspensions - report
Friday 04 Nov 2022
(Sharecast News) - China is reportedly working on plans to scrap a system that penalises airlines for bringing virus cases into the country. Read More
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EZ composite PMI hits lowest level in almost two years
Friday 04 Nov 2022
(Sharecast News) - Eurozone business activity contracted in October as the cost-of-living crisis hit demand, the S&P Global PMI survey revealed on Friday. Read More
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German factory orders slump in September
Friday 04 Nov 2022
(Sharecast News) - German factory orders fell a lot more than expected in September, according to figures released on Friday by Destatis, adding to concerns it is entering a recession. Read More
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US Q3 unit labour costs grow slightly less quickly than expected
Thursday 03 Nov 2022
(Sharecast News) - US non-farm labour productivity and unit labour costs were a tad better behaved than expected during the third quarter. Read More
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ISM services PMI falls a bit more than expected in October, but prices pick up
Thursday 03 Nov 2022
(Sharecast News) - Activity in America's services sector grew a tad less quickly than anticipated in October, the results of a closely followed survey revealed, but price pressures grew. Read More
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US foreign trade deficit widens by more than expected in September on strong imports
Thursday 03 Nov 2022
(Sharecast News) - America's shortfall on trade with the rest of the world rose unexpectedly at the end of the third quarter. Read More
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Eurozone unemployment rate ticks lower in September
Thursday 03 Nov 2022
(Sharecast News) - Eurozone unemployment edged lower in September, according to figures released on Thursday by Eurostat. Read More
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The Fed fails to stick to its script; cryptocurrency market erases gains
Thursday 03 Nov 2022
(Sharecast News) - The Fed has not followed the script. The cryptocurrency market presents a slightly bearish sign on Thursday after erasing its gains on Wednesday and the Federal Reserve (Fed) has te... Read More
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China services PMI falls further in October - Caixin
Thursday 03 Nov 2022
(Sharecast News) - Activity in China's services sector deteriorated further in October as Covid restrictions took their toll, according to data released on Thursday. Read More
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