Economic News
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Trading apps found to encourage risk-taking as FCA keeps platforms under review
Thursday 20 Jun 2024
(Sharecast News) - UK financial regulators have announced that they are keeping trading apps under review over concerns that they are encouraging risk-taking among users. Read More
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Sales of electric vehicles fall in Europe
Thursday 20 Jun 2024
(Sharecast News) - Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably. Read More
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Switzerland cuts interest rates again
Thursday 20 Jun 2024
(Sharecast News) - The Swiss National Bank cut its key rate on Thursday to 1.25% from 1.5%. Read More
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Review into handling of politically-exposed persons delayed by election
Wednesday 19 Jun 2024
(Sharecast News) - Read More
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UK house prices rise for fourth straight month
Wednesday 19 Jun 2024
(Sharecast News) - House prices in the UK rose for the fourth month in a row in April, according to figures out on Wednesday from the Office for National Statistics. Read More
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UK inflation eases to BoE's 2% target
Wednesday 19 Jun 2024
(Sharecast News) - Annual consumer price inflation fell to 2% in May from 2.3% in April, in line with expectations, according to figures released on Wednesday by the Office for National Statistics. Read More
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French equities now 'most unloved' in Europe - BofA survey
Tuesday 18 Jun 2024
(Sharecast News) - France has turned into investors' most unloved European equity market after President Macron called a snap election, having been the most preferred last month, according to the late... Read More
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German business sentiment improves less than expected - ZEW
Tuesday 18 Jun 2024
(Sharecast News) - German business sentiment improved less than expected in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Wet weather sees slowdown in grocery sales
Tuesday 18 Jun 2024
(Sharecast News) - Fresh data released on Tuesday revealed a slowdown in take-home grocery sales, which increased by just 1.0% over the four weeks to 9 June. Read More
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NY Empire State manufacturing index contracts again
Monday 17 Jun 2024
(Sharecast News) - Manufacturing activity in the state of New York weakened again in June, according to a survey released on Monday. Read More
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UK manufacturing outlook improves as output and orders gain in Q2
Monday 17 Jun 2024
(Sharecast News) - The outlook for the UK's manufacturing sector as picked up after output and orders rose strongly in the second quarter, according to a survey from Make UK released on Monday. Read More
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Citi downgrades European equities to 'neutral'
Monday 17 Jun 2024
(Sharecast News) - Citi downgraded its stance on European equities on Monday to 'neutral' from 'overweight' as it said near-term risks have increased, with markets narrowing and political uncertainty ... Read More
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Houses prices unchanged in May - Rightmove
Monday 17 Jun 2024
(Sharecast News) - House prices were largely unchanged in June, industry data showed on Monday, following a bumper performance in May. Read More
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UK consumers expect inflation to keep falling - BoE
Friday 14 Jun 2024
(Sharecast News) - Expectations for inflation have fallen to a three-year low across the UK public, a Bank of England survey showed on Friday. Read More
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EU trade balance shifts into surplus
Friday 14 Jun 2024
(Sharecast News) - The Eurozone trade balance moved into surplus in April, official data showed on Friday, although the amount came in below market expectations. Read More
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Bank of Japan holds rates, remains cautious on unwinding
Friday 14 Jun 2024
(Sharecast News) - The Bank of Japan kept lending rates on hold in its latest decision overnight on Friday, and announced plans to reduce its substantial bond purchases, with detailed tapering plans s... Read More
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China calls on EU to scrap EV tariffs
Thursday 13 Jun 2024
(Sharecast News) - Beijing has urged the European Union to abandon newly-announced tariffs on Chinese electric vehicles, accusing it of "politicising" trade. Read More
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Eurozone industrial production edges lower, misses forecasts
Thursday 13 Jun 2024
(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday. Read More
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UK house prices ease in May - RICS
Thursday 13 Jun 2024
(Sharecast News) - UK house prices fell in May, an industry survey showed on Thursday, as the market's recovery lost momentum. Read More
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Bank of England on track to start cutting rates in August - poll
Wednesday 12 Jun 2024
(Sharecast News) - The Bank of England is expected to start cutting the cost of borrowing this August, a Reuters poll found on Wednesday. Read More
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