Currencies News
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Bank of Canada cuts rates for third time in a row, to 4.25%
Wednesday 04 Sep 2024
(Sharecast News) - The Bank of Canada cut its benchmark rate on Wednesday to 4.25% from 4.5%, in line with economists' expectations, amid easing inflationary pressures. Read More
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US job openings fall short of forecasts in July, but hiring and quits rise
Wednesday 04 Sep 2024
(Sharecast News) - The number of open job positions in the US slipped in July, but Americans were a tad more confident when it came to risking trying to change employers. Read More
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US trade deficit yawns wider in July amid jump in technology imports
Wednesday 04 Sep 2024
(Sharecast News) - America's shortfall on trade with the rest of the world worsened as expected in July as outlays on imports surged. Read More
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Service activity boosts eurozone private sector in August
Wednesday 04 Sep 2024
(Sharecast News) - The eurozone's private sector experienced its fastest growth in three months during August, driven by a stronger services sector, according to the latest Hamburg Commercial Bank (HC... Read More
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China services activity slows as firms fret about costs - Caixin survey
Wednesday 04 Sep 2024
(Sharecast News) - China services sector activity showed slower growth last month as firms cut staffing in response to concerns about higher costs, according to a private survey published on Wednesday... Read More
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ISM factory PMI edges up by less than expected in August
Tuesday 03 Sep 2024
(Sharecast News) - Factory sector activity in the States shrank at a slightly lower pace in August, the results of a closely followed survey showed. Read More
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Eurozone manufacturing downturn continues for 26th straight month
Monday 02 Sep 2024
(Sharecast News) - The downturn across the eurozone's manufacturing sector continued in August, with the regional purchasing managers' index (PMI) remaining under the neutral 50-point level for the 26... Read More
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China's manufacturing sector returns to growth in August - Caixin
Monday 02 Sep 2024
(Sharecast News) - Manufacturing activity in China returned to growth in August, according to a private survey released on Monday. Read More
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US consumer sentiment little changed in August, University of Michigan says
Friday 30 Aug 2024
(Sharecast News) - Consumer confidence in the States was virtually unchanged in August, as Americans continued to try and anticipate the winner of the next presidential elections. Read More
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US PCE rises 0.2pc in July
Friday 30 Aug 2024
(Sharecast News) - The Federal Reserve Bank's preferred inflation gauge rose in July, according to the Commerce Department, in line with preliminary estimates. Read More
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Eurozone inflation plunges to three-year low of 2.2% in August
Friday 30 Aug 2024
(Sharecast News) - Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting. Read More
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US pending home sales plunge to record low
Thursday 29 Aug 2024
(Sharecast News) - Pending home sales in the US unexpectedly dropped in July to a record low, as elevated interest rates continued to limit affordability. Read More
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ECB rate-cut expectations rise as German inflation hits three-year low
Thursday 29 Aug 2024
(Sharecast News) - German inflation dropped its lowest level in more than three years this month, unexpectedly falling below the 2% target set by the European Central Bank. Read More
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US initial jobless claims fall to 231,000
Thursday 29 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 24 August, according to the Department of Labor, but remained well above the average seen earlie... Read More
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US GDP growth revised higher for second quarter
Thursday 29 Aug 2024
(Sharecast News) - The annual rate of economic growth in the US more than doubled in the second quarter, according to revised estimates from the Bureau of Economic Analysis on Thursday. Read More
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Eurozone sentiment indicator posts surprise jump to 96.6 in August
Thursday 29 Aug 2024
(Sharecast News) - The eurozone's August Economic Sentiment Indicator recorded a surprise jump month on month, according to official data published on Thursday, beating expectations of no gain. Read More
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US consumer confidence beats forecasts, but labour market outlook worsens
Tuesday 27 Aug 2024
(Sharecast News) - Consumer confidence in the US rose more than expected this month, but still remained within a narrow range that has prevailed over the past two years. Read More
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US home price growth continues to outpace inflation in June
Tuesday 27 Aug 2024
(Sharecast News) - US home price growth continued to outpace inflation in June, according to the S&P/Case Shiller US home price index, rising 0.4% month-on-month. Read More
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German economy stagnated in second quarter, revised data shows
Tuesday 27 Aug 2024
(Sharecast News) - Economic activity in Germany held steady in the second quarter, according to upwardly revised gross domestic product estimates released on Tuesday. Read More
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German consumer sentiment to deteriorate in September - GfK
Tuesday 27 Aug 2024
(Sharecast News) - German consumer sentiment is expected to deteriorate sharply in September, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM). Read More
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