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Economic news

Eurozone producer prices rise more than expected in March

Eurozone producer prices rise more than expected in March

Tue, 03 May 2016

(ShareCast News) - Producer prices in the Eurozone rose more than expected in March, according to the latest data from Eurostat. Prices rose 0.3% on the month versus economists' expectations for a 0.1... [more]

US macro data is being leaked to traders, ECB report warns

US macro data is being leaked to traders, ECB report warns

Tue, 03 May 2016

(ShareCast News) - Traders in US stock markets have been accused of enjoying leaked macroeconomic data ahead of official release times, according to a report by the European Central Bank that has warn... [more]

UK manufacturing PMI unexpectedly enters contraction territory

UK manufacturing PMI unexpectedly enters contraction territory

Tue, 03 May 2016

(ShareCast News) - UK manufacturing unexpectedly entered contraction territory in April. The Markit/CIPS UK manufacturing purchasing managers' index slipped to 49.2 in April from a downwardly-revised ... [more]

Liberty House to submit formal offer for Tata UK assets

Liberty House to submit formal offer for Tata UK assets

Tue, 03 May 2016

(ShareCast News) - Liberty House has confirmed it will put in a formal bid to buy Tata Steel's UK assets on Tuesday, according to reports. The commodities trading firm said it would submit a letter ... [more]

Michigan consumer sentiment weakens in April

Michigan consumer sentiment weakens in April

Fri, 29 April 2016

(ShareCast News) - Consumer sentiment weakened in April as Americans became increasingly concerned about the future, according to the final reading from the University of Michigan. The University of M... [more]

Chicago PMI misses expectations in April

Fri, 29 April 2016

(ShareCast News) - The Chicago Purchasing Managers' index fell to 50.4 in April from 53.6, led by a drop in new orders and a sharp decline in order backlogs. The data, released by the Institute for Su... [more]

US personal income up more than expected but spending weaker

Fri, 29 April 2016

(ShareCast News) - US personal income rose 0.4% in March after nudging up a downwardly-revised 0.1% the month before, according to the Commerce Department. Economists had been expecting a 0.3% increas... [more]

Eurozone inflation misses forecasts in April

Fri, 29 April 2016

(ShareCast News) - Consumer prices in the Eurozone fell more than expected in April, according to data released by Eurostat. Prices declined 0.2% on the year, having been steady in March. This was a b... [more]

UK mortgages fall in March, Bank of England data reveals

Fri, 29 April 2016

(ShareCast News) - Mortgage approvals for house purchases in Britain unexpectedly fell in March as the surge at the start of the year subsided ahead of higher taxes, data from the Bank of England reve... [more]

Eurozone economy grows more than expected in first quarter

Fri, 29 April 2016

(ShareCast News) - The Eurozone economy grew more than expected in the first quarter, according to the preliminary flash estimated published by Eurostat on Friday. Seasonally-adjusted gross domestic p... [more]

Eurozone unemployment unexpectedly ticks lower in March

Fri, 29 April 2016

(ShareCast News) - The unemployment rate in the Eurozone unexpectedly fell in March, according to the latest figures from Eurostat. The Eurozone unemployment rate nudged down to 10.2% from 10.4% in Fe... [more]

US initial jobless claims rise less than expected

Thu, 28 April 2016

(ShareCast News) - The number of Americans filing for unemployment benefits rose less than expected last week, according to the Labor Department. US initial jobless claims rose by 9,000 to 257,000 fro... [more]

TV advertising spending 'flat' in second quarter, reports say

Thu, 28 April 2016

(ShareCast News) - UK television advertising spending is expected to be roughly flat in the second quarter of the year, according to industry reports. TV adspend fell by a larger-than-forecast 7% in A... [more]

Eurozone consumer confidence improves in April

Thu, 28 April 2016

(ShareCast News) - Economic sentiment in the Eurozone improved a little more than expected in April, according to data from the European Commission. The EC's economic sentiment indicator rose to 103.9... [more]

UK house price growth slows in April, Nationwide reveals

Thu, 28 April 2016

(ShareCast News) - UK house price growth slowed in April following a rush of purchases ahead of higher taxes on second homes and buy-to-let properties, data showed on Thursday. The annual pace of hous... [more]

German unemployment steady at record low in April

Thu, 28 April 2016

(ShareCast News) - The German unemployment rate held steady at 6.2% in April, according to data released by the Federal Statistics Office. The unemployment rate came in unchanged at 6.2% - the lowest ... [more]

Fed stays put on interest rates

Wed, 27 April 2016

(ShareCast News) - US central bankers chose to stay put on policy at Wednesday´s meeting of the Federal Open Market Committee. The target range for the so-called Fed funds rate was kept at between 0.2... [more]

Poor weather weighs on retail sales in April, CBI says

Wed, 27 April 2016

(ShareCast News) - Retail sales in the UK fell rapidly in April, the results of a widely-followed survey revealed, although analysts attributed the drop to poor weather and the different timing of Eas... [more]

OECD warns over 'Brexit tax'

Wed, 27 April 2016

(ShareCast News) - Britain's economy could be 3% lower by 2020 if the UK votes to leave the EU, according to the latest study from the Organisation for Economic Co-operation and Development. The proje... [more]

UK economic growth slows in first quarter, ONS reveals

Wed, 27 April 2016

(ShareCast News) - UK economic growth slowed to 0.4% in the first quarter of 2016, its weakest pace since the end of 2012, the Office for National Statistics revealed on Wednesday. The first quarter r... [more]

German consumer sentiment set to improve markedly in May

Wed, 27 April 2016

(ShareCast News) - German consumer sentiment is set to improve markedly in May from April, according to the latest findings by market research group GfK. GfK said the overall index was forecasting 9.7... [more]

CMA forces supermarkets to change price promotion tactics

Wed, 27 April 2016

(ShareCast News) - The UK competition regulator has demanded several large supermarket groups to review their promotions and has been forced to arrange specific changes with US-owned Asda, with a gove... [more]

US consumer confidence dips in April

Tue, 26 April 2016

(ShareCast News) - US consumer confidence fell in April, missing economists' expectations, according to data from the Conference Board. The consumer confidence index edged down to 94.2 from 96.1 in Ma... [more]

Markit's US services PMI touch weaker than expected

Tue, 26 April 2016

(ShareCast News) - Data from Markit pointed to a modest rebound in business activity across the US service economy in April. The flash US Services PMI came in at 52.1 from 51.3 the month before, above... [more]

US durable goods orders rise less than expected

Tue, 26 April 2016

(ShareCast News) - New orders for US durable goods rose 0.8% in March to $230.7bn, according to the Commerce Department, missing expectations of a 1.8% increase. The rise was underpinned by a surge in... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Amazon.Com Inc. 683.85 3.68 22:10
Netflix Inc. 93.11 3.42 22:10
Mondelez International Inc. 44.31 3.14 22:10
Incyte Corp. 74.36 2.89 22:10
Discovery Communications Inc. Class C 27.50 2.69 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Baidu Inc. 178.91 -7.92 22:08
Seagate Technology Plc 20.48 -5.93 22:09
Vertex Pharmaceuticals Inc. 83.00 -1.59 22:00
NetApp Inc. 23.30 -1.44 22:10
Bed Bath & Beyond Inc. 46.55 -1.42 22:08