Commodities News
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German consumer sentiment hits two-year high
Wednesday 24 Jul 2024
(Sharecast News) - Consumer sentiment in Germany has risen to its highest level in more than two years, according to a closely watched survey from GfK and the Nuremberg Institute for Market Decisions ... Read More
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China PBoC cuts interest rates
Monday 22 Jul 2024
(Sharecast News) - Rate-setters in China lowered their short-term policy rate for the first time since the summer of 2023. Read More
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US initial jobless claims rise by 20,000
Thursday 18 Jul 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 13 July, according to the Labor Department. Read More
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ECB keeps door open to September rate cut, but 'nothing predetermined'
Thursday 18 Jul 2024
(Sharecast News) - Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September. Read More
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Philly Fed manufacturing grows as new orders and shipments hit two-year high
Thursday 18 Jul 2024
(Sharecast News) - Manufacturing activity in Philadelphia rose to a three-month high in July, with new orders and shipments rising to their highest levels in more than two years, according to data rel... Read More
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Eurozone construction drops by steepest annual rate since 2021
Thursday 18 Jul 2024
(Sharecast News) - Construction output in the eurozone declined for third month in a row in May, with the annual change showing its steepest rate of decline in more than three years, according to figu... Read More
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US industrial production jumps in June, led by output from utilities
Wednesday 17 Jul 2024
(Sharecast News) - Industrial production in the States jumped in June, led by a surge in output from utilities. Read More
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US housing starts pick up in June, but details weak
Wednesday 17 Jul 2024
(Sharecast News) - Homebuilding activity in the US picked up last month, but the details of the report were not as strong as it might appear at first hand. Read More
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EZ June inflation confirmed at 2.5%
Wednesday 17 Jul 2024
(Sharecast News) - Inflation in the eurozone fell to 2.5% in June from 2.6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday. Read More
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Upside risks to inflation have increased, says IMF
Tuesday 16 Jul 2024
(Sharecast News) - The International Monetary Fund has lifted its estimate for economic growth next year but warned that inflationary pressures have increased, meaning central banks will likely have t... Read More
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US retail sales stagnate in June
Tuesday 16 Jul 2024
(Sharecast News) - Retail sales in the United States were unchanged in June, according to the Census Bureau, in line with economists' expectations. Read More
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German economic outlook deteriorates for first time in a year - ZEW
Tuesday 16 Jul 2024
(Sharecast News) - The economic outlook in Germany deteriorated in July for the first time in a year, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mann... Read More
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Eurozone trade surplus unexpectedly shrinks
Tuesday 16 Jul 2024
(Sharecast News) - The Eurozone's trade surplus unexpectedly shrank in May, falling to its lowest level in four months, according to figures released on Tuesday by Eurostat. Read More
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Eurozone industrial production falls less than expected
Monday 15 Jul 2024
(Sharecast News) - Industrial production in the eurozone fell for the first time in four months in May, according to data from Eurostat on Monday, though the decline wasn't as bad as economists had fe... Read More
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Chinese economic outlook worsens as data flurry misses forecasts
Monday 15 Jul 2024
(Sharecast News) - A flurry of economic data from China pointed to weakening conditions in the world's second largest economy over the final month of the second quarter. Read More
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US inflation expectations ease a tad in July, University of Michigan says
Friday 12 Jul 2024
(Sharecast News) - Consumer sentiment in the US remained little changed in July, although expectations for price gains did ease a tad, the results of a closely followed survey showed. Read More
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US PPI comes in hotter than expected in June
Friday 12 Jul 2024
(Sharecast News) - The US producer price index advanced 0.2% in June, according to the Bureau of Labor Statistics, slightly more than the 0.1% increase expected on the Street. Read More
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US jobless claims fall more than forecast to five-week low
Thursday 11 Jul 2024
(Sharecast News) - US jobless claims fell more than forecast last week, with the four-week moving average pulling back for the first time in five weeks. Read More
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US inflation drops to 12-month low in June
Thursday 11 Jul 2024
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department o... Read More
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German June CPI confirmed at 2.2%
Thursday 11 Jul 2024
(Sharecast News) - German inflation was confirmed at 2.2% in June, down from 2.4% in May, the federal statistics agency said on Thursday. Read More
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