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Sharecast - News you can use

  • Eurozone construction output edges lower

    Wednesday 20 Nov 2024

    (Sharecast News) - Construction output in the eurozone slipped slightly in September after stagnating the previous month, according to figures released on Wednesday by Eurostat.

  • China keeps rates unchanged

    Wednesday 20 Nov 2024

    (Sharecast News) - China left benchmark lending rates unchanged on Wednesday with no repeat of the surprisingly large cuts brought in last month to boost the faltering economy.

  • German producer prices fall 1.1% in October

    Wednesday 20 Nov 2024

    (Sharecast News) - German producer prices fell 1.1% in October as energy costs declined, according to official data published on Wednesday.

  • US housing starts fall by 3.1pc in October

    Tuesday 19 Nov 2024

    (Sharecast News) - US housing starts fell by 3.1% in October, according to the Census Bureau, missing expectations for a reading of 1.33m.

  • Eurozone inflation jumps back to 2%

    Tuesday 19 Nov 2024

    (Sharecast News) - Inflation in the eurozone rebounded sharply as expected in October, rising from a three-year low and back in line with the European Central Bank's target.

  • NAHB housing market index rises to 46 in November

    Monday 18 Nov 2024

    (Sharecast News) - The National Association of Home Builders/Wells Fargo housing market index rose to 46 in November, up from 43 in October.

  • Eurozone trade surplus unexpectedly jumps

    Monday 18 Nov 2024

    (Sharecast News) - The eurozone trade surplus more than trebled in September, according to figures from Eurostat on Monday.

  • US retail sales increase 0.4pc in October

    Friday 15 Nov 2024

    (Sharecast News) - US retail sales increased 0.4% month-on-month in October, according to the Census Bureau, following an upwardly revised 0.8% gain in September and beating consensus estimates of a 0.3% rise.

  • EU cuts eurozone GDP forecasts, says downside risks have increased

    Friday 15 Nov 2024

    (Sharecast News) - The European Commission has reduced its economic growth forecast for the eurozone next year, and warned that projections could be reduced further in the event of increased protectionist measures - such as those proposed by Donald Trump.

  • Chinese retail sales beat forecasts

    Friday 15 Nov 2024

    (Sharecast News) - Retail sales jumped in China last month, official data showed on Friday, in contrast to the ongoing gloom surrounding the under-pressure property sector.

  • EU fines Meta EUR 798m over Facebook Marketplace competition concerns

    Thursday 14 Nov 2024

    (Sharecast News) - The European Union has imposed a €797.72m fine on Facebook's parent company Meta Platforms, it emerged on Thursday, after a detailed investigation into its Marketplace online classifieds business.

  • US initial jobless claims fall to 217,000

    Thursday 14 Nov 2024

    (Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 9 November, according to the Labor Department.

  • US producer prices rise 0.2pc in October

    Thursday 14 Nov 2024

    (Sharecast News) - US producer prices increased in October, according to the Bureau of Labor Statistics.

  • Eurozone employment grows in Q3, GDP at 0.4%

    Thursday 14 Nov 2024

    (Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursday.

  • US CPI rises by 0.2pc in October

    Wednesday 13 Nov 2024

    (Sharecast News) - The US consumer price index increased to 315.66 points in October, according to the Bureau of Labor Statistics, up from 315.30 points in September.

  • US mortgage applications rise just 0.5pc

    Wednesday 13 Nov 2024

    (Sharecast News) - US mortgage applications rose 0.5% in the week ended 8 November, according to the Mortgage Bankers Association of America, principally due to a 72 basis point surge in benchmark interest rates since the beginning of Q4.

  • OPEC cuts oil demand forecasts for fourth straight month

    Tuesday 12 Nov 2024

    (Sharecast News) - The Organization of Petroleum Exporting Countries has lowered its outlook for oil demand this year for the fourth straight month after pushing back a scheduled production increase as prices slumped.

  • German economic sentiment deteriorates in November - ZEW

    Tuesday 12 Nov 2024

    (Sharecast News) - German business sentiment deteriorated in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.

  • German CPI confirmed at 2% in October as food, services prices rise

    Tuesday 12 Nov 2024

    (Sharecast News) - German inflation rose in October, driven by a rise in food prices and ongoing above-average increases for services, official data confirmed on Tuesday.

  • Bitcoin tops $82,000 level in early Monday trading

    Monday 11 Nov 2024

    (Sharecast News) - Bitcoin has surged well past the $80,000 mark for the first time, propelled by investor optimism following Donald Trump's US election victory, with expectations that his administration would support a friendlier regulatory environment for digital currencies.

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