Commodities News
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US pending home sales rise for first time in three months
Wednesday 31 Jul 2024
(Sharecast News) - US pending home sales rose in June for the first time in the last three months, according to the National Association of Realtors, driven by an improvement in supply and a slight mo... Read More
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Chicago PMI falls from seven-month high in July
Wednesday 31 Jul 2024
(Sharecast News) - The Chicago purchasing managers index fell to 45.3 in July, according to the Institute for Supply Management. Read More
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Boeing posts wider-than-expected loss, names new CEO
Wednesday 31 Jul 2024
(Sharecast News) - Boeing reported a wider-than-expected loss for its second quarter on Wednesday, as ongoing challenges in both its commercial and defence divisions led to weaker-than-anticipated fin... Read More
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US private sector employment rises less than expected
Wednesday 31 Jul 2024
(Sharecast News) - Private sector employment in the US rose less than expected in July, according to figures released on Wednesday by ADP. Read More
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US mortgage applications register steepest decline in nearly two months
Wednesday 31 Jul 2024
(Sharecast News) - US mortgage applications fell 3.9% in the fourth week of July, according to the Mortgage Bankers Association, extending the prior week's 2.2% drop to record the steepest weekly decl... Read More
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German unemployment rises more than expected in July
Wednesday 31 Jul 2024
(Sharecast News) - German unemployment rose more than expected in July, according to the Bundesagentur für Arbeit, as Germany's economy continues to struggle to recover from heightened energy costs, w... Read More
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Bank of Japan lifts rates to 0.25%
Wednesday 31 Jul 2024
(Sharecast News) - Japan's central bank increased the cost of borrowing for only the second time in 17 years as it tried to tighten monetary policy in the world's fourth-largest economy. Read More
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German inflation unexpectedly accelerates in July
Tuesday 30 Jul 2024
(Sharecast News) - Price pressures in Germany surprised to the upside in July, with the annual rate of inflation unexpectedly rising from June's multi-year low, according to data from the Federal Stat... Read More
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US house prices rise at record pace for third month in a row
Tuesday 30 Jul 2024
(Sharecast News) - US house prices rose at a record-breaking pace for a third straight month in May, according to S&P Core Logic Case-Shiller. Read More
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Eurozone GDP growth holds steady, beats forecasts
Tuesday 30 Jul 2024
(Sharecast News) - Economic activity across the eurozone was stronger than anticipated in the second quarter, as upside surprises to GDP growth in Spain and France offset an unexpected contraction in ... Read More
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German GDP unexpectedly shrinks 0.1%
Tuesday 30 Jul 2024
(Sharecast News) - German gross domestic product unexpectedly shrank in the second quarter as the uneven recovery of Europe's largest economy continued. Read More
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US consumer confidence little changed in July amid high prices
Friday 26 Jul 2024
(Sharecast News) - US consumer confidence was little changed in July, for a third month in a row, the results of a closely followed survey showed. Read More
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US personal incomes undershoot forecasts in June, inflation dips
Friday 26 Jul 2024
(Sharecast News) - Americans continued to spend at a steady pace in June while inflation slowed alongside. Read More
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US durable goods orders plummet in June as those for aircraft dive
Thursday 25 Jul 2024
(Sharecast News) - Orders for goods made to last more than three years cratered last month, due to a steep downdraft in those for commercial aircraft. Read More
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US jobless claims fall more than expected
Thursday 25 Jul 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slower-than-expected rate in the week ended 20 July, according to the Labor Department. Read More
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US Q2 GDP grows more quickly than expected
Thursday 25 Jul 2024
(Sharecast News) - America's economy grew more quickly than expected last quarter as companies ramped up investment and amid inventory accumulation. Read More
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German business sentiment deteriorates in July - Ifo
Thursday 25 Jul 2024
(Sharecast News) - German business sentiment unexpectedly deteriorated in July, according to a survey released on Thursday by the Ifo Institute. Read More
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Bank of Canada cuts rates again
Wednesday 24 Jul 2024
(Sharecast News) - The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall. Read More
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US private sector output growth picks up slightly in July
Wednesday 24 Jul 2024
(Sharecast News) - Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed. Read More
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Euro area PMIs show private sector nearly stagnated in July
Wednesday 24 Jul 2024
(Sharecast News) - Activity in the euro area's private sector nearly stalled by surprise in July, the results of two closely followed surveys showed, with growth in France and Germany underperforming. Read More
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