Currencies News
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Eurozone consumer confidence rebound more than offsets decline within industry in November
Tuesday 29 Nov 2022
(Sharecast News) - Economic sentiment in the single currency block registered its first increase since February on the back of a rebound in consumer confidence, the results of a closely followed surve... Read More
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China to strengthen vaccinations among population over 80 years of age
Tuesday 29 Nov 2022
(Sharecast News) - Chinese authorities moved overnight to boost vaccination rates among the country's elderly in a move meant to pave the way for the eventual reopening of the country, boosting invest... Read More
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China to strengthen vaccinations among population over 80 years of age
Tuesday 29 Nov 2022
(Sharecast News) - Chinese authorities moved overnight to boost vaccination rates among the country's elderly in a move meant to pave the way for the eventual reopening of the country, boosting invest... Read More
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Rises for cryptocurrencies and market tension after BlockFi's bankruptcy
Tuesday 29 Nov 2022
(Sharecast News) - Cryptocurrencies are bouncing back on Tuesday after turning around mid-session on Monday. Bitcoin (BTC) has risen nearly 1.5% in the last 24 hours and is approaching $16,400, while ... Read More
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Bullard says Fed must keep pressure on inflation till 2 per cent target clearly in sight
Monday 28 Nov 2022
(Sharecast News) - One of the US Federal Open Market Committe's most hawkish members made the case for interest rates to remain "elevated" throughout 2023 and into 2024. Read More
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Fed's Williams says 'more work left to do', but sees inflation slowing
Monday 28 Nov 2022
(Sharecast News) - A top US central bank official predicted that inflation would recede over the course of 2023, but said the Federal Reserve would still have its work cut out for it as price growth m... Read More
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Euro area money growth records hefty slowdown in October
Monday 28 Nov 2022
(Sharecast News) - Money supply growth in the single currency block decelerated sharply last month, possibly signalling a further downturn in euro area purchasing managers' surveys. Read More
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Cryptocurrencies fall; Bitcoin tries to consolidate at the $16,200 level
Monday 28 Nov 2022
(Sharecast News) - There are widespread falls in the cryptocurrency market. Bitcoin (BTC) has dropped 2% in the last 24 hours and is trying to consolidate at $16,200, while Ethereum (ETH) has retreate... Read More
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PBOC to cut RRR by 25 basis points from 5 December
Friday 25 Nov 2022
(Sharecast News) - China said on Friday that it will cut its reserve requirement ratio for banks next month as it looks to bolster the economy. Read More
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Cryptocurrencies return to losses on Black Friday; fear of FTX contagion
Friday 25 Nov 2022
(Sharecast News) - The cryptocurrency market is back in the red on Black Friday after a couple of days of modest rebounds. Bitcoin (BTC) has dropped almost 1% in the last 24 hours and is trying to con... Read More
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German consumer sentiment to continue stabilising - GfK
Friday 25 Nov 2022
(Sharecast News) - German consumer sentiment is expected to continue to stabilise next month, according to a survey released on Friday by market research group GfK. Read More
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German economy grows more than initially estimated in Q3
Friday 25 Nov 2022
(Sharecast News) - The German economy grew more than initially estimated in the third quarter, according to data released on Friday by Destatis. Read More
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Turkish central bank cuts rates again despite surging inflation
Thursday 24 Nov 2022
(Sharecast News) - The Turkish central bank cut interest rates again on Thursday despite surging inflation. Read More
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Closure of Twitter office raises regulatory concerns in Brussels
Thursday 24 Nov 2022
(Sharecast News) - Fresh concerns over Twitter's ability to comply with stringent European Union regulation emerged on Thursday, after it emerged that its entire Brussels office had left the company. Read More
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Cryptocurrencies gain after Fed minutes
Thursday 24 Nov 2022
(Sharecast News) - The cryptocurrency market extends Wednesday's gains. Market capitalization has risen almost 2% in the last day to $837 billion, while the main cryptos have been resilient: Bitcoin (... Read More
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German business sentiment improves in November - Ifo
Thursday 24 Nov 2022
(Sharecast News) - German business sentiment improved in November, according to a survey released on Thursday by the Ifo Institute. Read More
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Chinese State Council urges lenders to make use of reductions in reserve ratios
Thursday 24 Nov 2022
(Sharecast News) - Beijing instructed lenders to increase their financial support in order to stabilise the economy and consolidate the foundations for future growth. Read More
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Pershing Square takes out bet against Hong Kong dollar
Thursday 24 Nov 2022
(Sharecast News) - US hedge fund Pershing Square Capital Management took out a bet on the Hong Kong dollar, arguing that its peg to the Greenback had outlived its usefulness. Read More
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EU fails to agree on Russian oil price cap, talks set to continue
Thursday 24 Nov 2022
(Sharecast News) - European Union ambassadors failed to agree on the exact level of a proposed price cap on exports of Russian crude oil overnight. Read More
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Slower rate hikes looming as Fed mentions the 'recession' word
Wednesday 23 Nov 2022
(Sharecast News) - Minutes from the Federal Open Market Committee's most recent meeting were met with some Thanksgiving cheer late on Wednesday, as most policymakers agreed that smaller interest rate ... Read More
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