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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.
US mortgage applications fall as rates hit three-month high
Wednesday 21 May 2025
(Sharecast News) - Applications for mortgages in the US slumped last week as the average long-term mortgage rate hit its highest in three months, according to data out on Wednesday from the Mortgage Bankers Association.
Eurozone construction output sees tepid growth in March
Tuesday 20 May 2025
(Sharecast News) - Construction output in the eurozone inched higher in March, according to data from Eurostat, though the year-on-year rate of change showed the sharpest drop in activity in five months.
PBOC trims benchmark rates to fresh low
Tuesday 20 May 2025
(Sharecast News) - China cut its key lending rates on Tuesday, as widely predicted, as the country looked to shore up the economy amid heightened trade tensions.
Australia cuts interest rates to two-year low, warns on US tariff hit
Tuesday 20 May 2025
(Sharecast News) - Australia's central bank on Tuesday cut its benchmark interest rate to a two-year low, citing the uncertainty caused by US tariffs and cooling domestic inflation.
European Commission slashes GDP forecasts on tariff impact
Monday 19 May 2025
(Sharecast News) - The European Commission has slashed its forecasts for economic growth across the EU and eurozone over the next two years as trade tariffs hit activity more than previously thought.
Eurozone inflation holds steady in April
Monday 19 May 2025
(Sharecast News) - Eurozone inflation was unchanged in April, official data confirmed on Monday, in line with expectations.
UK-EU agree Brexit reset
Monday 19 May 2025
(Sharecast News) - The UK and European Union have agreed a wide-ranging deal on trade and defence, it was confirmed on Monday, following months of negotiations.
US consumer confidence drops to three-year low on tariff jitters, inflation fears
Friday 16 May 2025
(Sharecast News) - Consumer confidence in the United States dropped this month to its lowest level in nearly three years, as tariff uncertainty and rising inflation expectations hammered sentiment.

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RBNZ cuts official cash rate to 3.25pc

EU ministers approve €150bn defence fund amid Russia tensions

EU economic sentiment improves modestly in May

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

German consumer confidence improves, but uncertainty remains high

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

Trump sends markets plunging with 50% tariff threat on EU

German Q1 GDP revised up to 2.5-year high

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

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

Weakened service sector weighs on Eurozone economy - PMI

German business sentiment improves in May - Ifo

US mortgage applications fall as rates hit three-month high

Eurozone construction output sees tepid growth in March

PBOC trims benchmark rates to fresh low

Australia cuts interest rates to two-year low, warns on US tariff hit

European Commission slashes GDP forecasts on tariff impact

Eurozone inflation holds steady in April

UK-EU agree Brexit reset

US consumer confidence drops to three-year low on tariff jitters, inflation fears

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