Economic News
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German investor sentiment improves in November
Tuesday 15 Nov 2022
(Sharecast News) - German investor sentiment improved more than expected in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Hunt mulling fresh windfall tax on power generators - report
Tuesday 15 Nov 2022
(Sharecast News) - The chancellor Jeremy Hunt is considering introducing a 40% windfall tax on the "excess returns" of electricity generators as part of this week's Autumn Statement, it was reported o... Read More
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China's economy falters in October
Tuesday 15 Nov 2022
(Sharecast News) - China's economy lost momentum in October, official data showed on Tuesday, hit by both Covid restrictions and weaker demand. Read More
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UK unemployment rate ticks up, wages continue to lag inflation
Tuesday 15 Nov 2022
(Sharecast News) - The UK unemployment rate ticked higher in September, while real wages continued to grow but lag inflation, according to figures released on Tuesday by the Office for National Statis... Read More
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Opec cuts forecasts as economic outlook weakens
Monday 14 Nov 2022
(Sharecast News) - Opec trimmed its forecasts for global oil demand on Monday, as the outlook for the economy darkened. Read More
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UK business confidence tumbles to 13-year low
Monday 14 Nov 2022
(Sharecast News) - UK business confidence has tumbled to its lowest level since 2009, a survey showed on Monday. Read More
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UK retail footfall rises just 1.3% week-on-week
Monday 14 Nov 2022
(Sharecast News) - UK retail footfall rose just 1.3% week-on-week in the seven ended 12 November, indicating "consumer nervousness" in the midst of the cost of living crisis and rising interest rates. Read More
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Eurozone industrial output rises more than expected in September
Monday 14 Nov 2022
(Sharecast News) - Eurozone industrial production rose more than expected in September, according to figures released by Eurostat on Monday. Read More
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House prices dip as buyers rush to secure sales
Monday 14 Nov 2022
(Sharecast News) - House prices fell last month, an industry survey showed on Monday, as sellers rushed to secure deals against a backdrop of mounting financial uncertainty. Read More
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European Commission downgrades 2023 eurozone growth forecasts
Friday 11 Nov 2022
(Sharecast News) - The European Commission has upgraded its forecast for eurozone growth this year, but downgraded the forecast for 2023, citing the impact of the war in Ukraine. Read More
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European Commission downgrades eurozone growth forecasts for 2023
Friday 11 Nov 2022
(Sharecast News) - The European Commission has upgraded its forecast for eurozone growth this year, but downgraded the forecast for 2023, citing the impact of the war in Ukraine. Read More
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German inflation reaches fresh high
Friday 11 Nov 2022
(Sharecast News) - Inflation in Germany continued to mount in October, official data showed on Friday, reaching the highest rate since reunification. Read More
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UK facing recession as economy shrinks
Friday 11 Nov 2022
(Sharecast News) - The British economy shrank by 0.2% in the last quarter, official data showed on Friday, leaving the UK on the brink of recession. Read More
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US initial jobless claims rise by 7,000
Thursday 10 Nov 2022
(Sharecast News) - First-time jobless claims rose by 7,000 in the week ended 5 November, according to the Labor Department, with the advance figure for seasonally adjusted initial claims hitting 225,0... Read More
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UK consumer confidence falls to lowest level since April 2020
Thursday 10 Nov 2022
(Sharecast News) - UK consumer confidence fell in October to its lowest level since April 2020. Read More
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UK house-buying demand slumps - RICS
Thursday 10 Nov 2022
(Sharecast News) - The UK housing market weakened further last month, a closely-watched survey showed on Thursday, as demand tumbled and house price growth came to a halt. Read More
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China's factory gate prices fall
Wednesday 09 Nov 2022
(Sharecast News) - China's factory gate prices fell into negative territory in October, official data showed on Wednesday, while consumer inflation softened, as rolling lockdowns and weakening global ... Read More
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Weaker economic climate hits sales at Taylor Wimpey
Wednesday 09 Nov 2022
(Sharecast News) - Taylor Wimpey reported a fall in its sales rate on Wednesday alongside a spike in cancellations as the mounting cost-of-living crisis dented demand. Read More
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Cable rises on hopes for UK-EU breakthrough on post-Brexit customs
Tuesday 08 Nov 2022
(Sharecast News) - Sterling was on the up near the end of the session on hopes of a breakthrough in talks between Brussels and London on Northern Ireland's border and trade. Read More
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NFIB small business optimism index drops to three-month low in October
Tuesday 08 Nov 2022
(Sharecast News) - Small business optimism fell to a three-month low in October, according to the National Federation of Independent Business. Read More
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