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  • US wholesale inventories flat in April

    Friday 30 May 2025

    (Sharecast News) - US wholesale inventories were flat month-on-month in April, according to the Census Bureau, coming in at $907.0bn after a downwardly revised 0.3% uptick in March, missing consensus estimates of 0.4% increase.

  • US goods trade deficit narrows sharply in April

    Friday 30 May 2025

    (Sharecast News) - The US trade deficit in goods narrowed sharply in April, according to the Census Bureau, dropping from a record high of $162.3bn in March to $87.6bn, marking the smallest monthly trade gap in 18 months.

  • US personal incomes jump, PCE inflation continues to ease

    Friday 30 May 2025

    (Sharecast News) - Personal incomes in the US grew strongly in April, even as spending slowed following a jump during the previous month.

  • German May CPI comes in slightly hotter than forecast

    Friday 30 May 2025

    (Sharecast News) - German inflation eased to 2.1% in May, slightly above forecasts, according to flash official figures from the federal statistics agency released on Friday.

  • German retail sales fall unexpectedly in April

    Friday 30 May 2025

    (Sharecast News) - German retail sales fell by an unexpected 1.1% in April compared with the previous month, according to official data published on Friday.

  • US economy contracted 0.2% in first quarter - revised data

    Thursday 29 May 2025

    (Sharecast News) - The US economy shrank in the first three months of the year quarter of the year, according to revised official data that confirmed the first contraction since 2022.

  • US initial jobless claims hit five-week high

    Thursday 29 May 2025

    (Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 10 May, according to the Department of Labor.

  • US court blocks Trump's tariff regime

    Thursday 29 May 2025

    (Sharecast News) - A US court has blocked Donald Trump's sweeping tariff regime, after it ruled that the president had exceeded his authority.

  • RBNZ cuts official cash rate to 3.25pc

    Wednesday 28 May 2025

    (Sharecast News) - The Reserve Bank of New Zealand (RBNZ) cut its official cash rate by 25 basis points to 3.25% on Wednesday, marking its sixth consecutive rate reduction and setting the stage for further easing later in the year.

  • EU ministers approve €150bn defence fund amid Russia tensions

    Tuesday 27 May 2025

    (Sharecast News) - The European Union on Tuesday approved the creation of a €150bn landmark fund to boost defence capabilities amid tensions with Russia and a wavering of US commitments in the region.

  • EU economic sentiment improves modestly in May

    Tuesday 27 May 2025

    (Sharecast News) - Economic sentiment in the European Union improved modestly in May, breaking a two-month streak of declines, according to fresh survey data from the European Commission's on Tuesday.

  • IMF calls on UK's Reeves to amend fiscal rules, ups growth forecasts

    Tuesday 27 May 2025

    (Sharecast News) - UK Finance Minister Rachel Reeves should ease her fiscal rules to avoid emergency cuts to public services, the International Monetary Fund said on Tuesday as it also nudged up growth forecasts for the British economy this year.

  • German consumer confidence improves, but uncertainty remains high

    Tuesday 27 May 2025

    (Sharecast News) - Consumer confidence in Germany rose to its highest mark in seven months as economic expectations reached a two-year high despite overall sentiment remaining "extremely low", according to a survey by NIQ and the Nuremberg Institute for Market Decisions (NIM).

  • Trump says Apple must pay 25pc tariff on non-US made iPhones

    Friday 23 May 2025

    (Sharecast News) - US president Donald Trump said on Friday that Apple must pay a tariff of at least 25% on any iPhones not manufactured in the United States, renewing pressure on the tech giant to shift production domestically.

  • Trump sends markets plunging with 50% tariff threat on EU

    Friday 23 May 2025

    (Sharecast News) - Stockmarkets slumped on Friday after US President Donald Trump said he wanted a 50% tariff on the European Union from June 1and complained that the 27-nation bloc had been "very difficult" to deal with.

  • German Q1 GDP revised up to 2.5-year high

    Friday 23 May 2025

    (Sharecast News) - Germany's economy performed better than expected in the first quarter, with growth unexpectedly picking up, according to revised estimates from the Federal Statistics Office on Friday.

  • First time US jobless claims drift lower, second-time claims rise

    Thursday 22 May 2025

    (Sharecast News) - The number of people filing for jobless in the US was little changed during the previous week.

  • US open: Stocks edge up after House approves Trump's tax reform and cuts

    Thursday 22 May 2025

    (Sharecast News) - Wall Street got off to a slightly positive start with losses in equity futures during the pre-market erased following news that the US House Of Representatives had approved a tax reform and reduction bill by the narrowest margins.

  • Weakened service sector weighs on Eurozone economy - PMI

    Thursday 22 May 2025

    (Sharecast News) - The Eurozone economy slipped into contraction in May, a closely-watched survey showed on Thursday, weighed down by a surprise slowdown in the service sector.

  • German business sentiment improves in May - Ifo

    Thursday 22 May 2025

    (Sharecast News) - German business sentiment improved in May, according to a survey released on Thursday by the Ifo Institute.

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