Currencies News
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US homebuilder confidence dips in June, but rebound expected
Monday 17 Jun 2019
(Sharecast News) - Homebuilder confidence in the US eased a bit last month, amid fewer sales of single family homes, a dip in expectations for future sales and lower traffic of prospective buyers. Read More
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New York Fed manufacturing survey plummets to near three-year low
Monday 17 Jun 2019
(Sharecast News) - The Empire State Manufacturing Index has tumbled into negative territory after recording the largest monthly decline on record. Read More
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US Chamber of Commerce pushes for end to trade war
Monday 17 Jun 2019
(Sharecast News) - The US Chamber of Commerce called on the Trump administration to stop its trade war against China, pointing to an estimated $1trn in costs over the next decade as its main argument. Read More
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Global equities will end the year higher - Credit Suisse
Monday 17 Jun 2019
(Sharecast News) - Credit Suisse believes equity markets will end the year higher, despite a range of global tensions continuing to weigh on equities. Read More
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Labour costs rise across the eurozone
Monday 17 Jun 2019
(Sharecast News) - Eurozone labour costs increased in the first quarter, as wage growth picked up across the bloc, official data showed on Monday. Read More
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US consumers' inflation expectations hit 40-year low in May, UofM says
Friday 14 Jun 2019
(Sharecast News) - Americans' outlook on the economy didn't worsen by as much as had been expected in June, according to the results of a closely-followed survey, but their expectations for inflation ... Read More
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Rouble strengthens after Russian central bank cuts rates, as expected
Friday 14 Jun 2019
(Sharecast News) - Russia's central bank took back its late 2018 pre-emptive interest rate hike as it revised its near-term forecasts for inflation and economic growth lower, leaving the door open to ... Read More
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US industrial production edges past forecasts in May
Friday 14 Jun 2019
(Sharecast News) - US industrial production rose more quickly than expected last month, led by a jump in utilities output. Read More
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US retail sales rise past forecasts in May thanks to revisions
Friday 14 Jun 2019
(Sharecast News) - US retail sales rose more quickly than expected last month, amid upwards revisions to readings for the previous month. Read More
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US releases footage 'showing Iran removing mine from tanker'
Friday 14 Jun 2019
(Sharecast News) - The US military released video footage it claimed showed an Iranian military patrol boat approach one of two tankers attacked in the Gulf of Oman on Thursday as tensions increased i... Read More
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Chinese industrial production drops to 17-year low in May
Friday 14 Jun 2019
(Sharecast News) - Chinese industrial production fell to its worst level in 17 years in May, according to figures released by the country's National Bureau of Statistics on Friday. Read More
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Brent crude oil futures jump on reports of tanker on fire in Sea of Oman
Thursday 13 Jun 2019
(Sharecast News) - Crude oil futures jumped on the back of reports that two oil tankers off the coast of Fujairah, in the Sea of Oman, were on fire. Read More
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Opec cuts demand forecast as global tensions hit home
Thursday 13 Jun 2019
(Sharecast News) - The Organization of Petroleum Exporting Countries warned on Thursday that the increasingly bitter trade war between America and China is undermining the global economy, as it revise... Read More
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US jobless claims unexpectedly tick higher
Thursday 13 Jun 2019
(Sharecast News) - The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department. Read More
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Italy's Di Maio rules out fresh budget despite Brussels threat
Thursday 13 Jun 2019
(Sharecast News) - Rome has ruled out passing another budget, despite facing formal sanction by Brussels for breaking European Union fiscal rules. Read More
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Euro area industrial production dips in April, German output weakest
Thursday 13 Jun 2019
(Sharecast News) - Output in the single currency bloc's industrial sector continued to be mired in the red in April, amid sharp declines in German and Dutch production. Read More
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Trump doesn't specify deadline for new tariffs on China
Thursday 13 Jun 2019
(Sharecast News) - US President Donald Trump declined to set a deadline on Wednesday for the latest tariffs he is planning to impose on Chinese goods. Read More
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Gulf of Oman oil tanker crews rescued after 'attack'
Thursday 13 Jun 2019
(Sharecast News) - The US Navy's Bahrain-based Fifth Fleet said it was assisting two tankers in the Gulf of Oman after receiving distress calls from the vessels amid reports of an "attack". Read More
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WTI drop as DoE reports unexpected rise in oil stockpiles
Wednesday 12 Jun 2019
(Sharecast News) - Commercial crude oil stockpiles in the US rose unexpectedly during the prior week, government data revealed despite a decline in net imports and domestic output. Read More
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US CPI for May comes in short of forecasts, analysts divided
Wednesday 12 Jun 2019
(Sharecast News) - Consumer prices in the US slipped by more than expected last mnonth amid declines in the price of energy and for used cars and trucks. Read More
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