Commodities News
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US private sector adds fewer jobs than expected in May - ADP
Wednesday 05 Jun 2024
(Sharecast News) - Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP. Read More
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Eurozone composite PMI revised slightly lower, but still hits 12-month high
Wednesday 05 Jun 2024
(Sharecast News) - Economic growth in the eurozone's private sector was revised slightly lower for May, according to final estimates of the region's composite purchasing managers' index (PMI) by S&P G... Read More
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China's services sector expands again in May - Caixin
Wednesday 05 Jun 2024
(Sharecast News) - Activity in China's services sector accelerated in May at its fastest pace in 10 months, according to data released on Wednesday. Read More
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US job openings hit three-year low in April
Tuesday 04 Jun 2024
(Sharecast News) - US companies advertised fewer positions still in April, a possible reflection of the ongoing cooldown in the demand for labour. Read More
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German unemployment rises more than expected in May
Tuesday 04 Jun 2024
(Sharecast News) - The number of Germans lining up for unemployment benefits rose more than expected in May, according to the Federal Labour Office, growing by 25,000 in seasonally adjusted terms, ahe... Read More
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NYSE technical glitch prompts trading halt on Berkshire Hathaway shares
Monday 03 Jun 2024
(Sharecast News) - The New York Stock Exchange announced on Monday that it had halted trading in a number of stocks after a temporary "price bands issue" caused certain share prices to tumble erroneou... Read More
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S&P US manufacturing PMI revised higher, ISM PMI edges lower
Monday 03 Jun 2024
(Sharecast News) - S&P Global's manufacturing index was revised higher to 51.3 in May, up from a preliminary estimate of 50.9 and last month's reading of 50. Read More
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Moody's lifts 2024 China growth forecast
Monday 03 Jun 2024
(Sharecast News) - Moody's lifted its 2024 growth forecast for China on Monday to 4.5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity. Read More
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Eurozone manufacturing at 'turning point' as downturn eases in May
Monday 03 Jun 2024
(Sharecast News) - The contraction in manufacturing activity in the eurozone eased slightly less than expected in May, according to revised estimates on Monday by S&P Global and Hamburg Commercial Ban... Read More
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China manufacturing PMI ticks up more than expected - Caixin
Monday 03 Jun 2024
(Sharecast News) - Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday. Read More
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US personal income and spending ease in April, core PCE prices slow
Friday 31 May 2024
(Sharecast News) - Americans reined in their spending a tad during the previous month, even as price pressures ebbed a smidgen. Read More
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Declining orders drag Chicago PMI lower for sixth consecutive month in May
Friday 31 May 2024
(Sharecast News) - Factory sector a activity in the Chicago area slowed for a sixth month running in May, the results of a survey showed. Read More
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Headache for ECB as eurozone May inflation rises more than expected
Friday 31 May 2024
(Sharecast News) - Eurozone inflation rose in May, according to official data published on Friday, as prices stubbornly refused to shift and indicating a tougher path ahead for the European Central Ba... Read More
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German retail sales drop sharply in April
Friday 31 May 2024
(Sharecast News) - Retail sales in Germany dropped sharply in April, pulling back after a stronger-than-expected increase the previous month, according to Destatis. Read More
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China manufacturing PMI falls more than expected in May
Friday 31 May 2024
(Sharecast News) - China Factory activity slowed more than expected in May, hitting a three-month low, as the world's second-largest economy continued to battle problems in its property market, accord... Read More
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US Q1 GDP growth revised down on softer consumption
Thursday 30 May 2024
(Sharecast News) - America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption. Read More
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Weekly US jobless claims tick higher
Thursday 30 May 2024
(Sharecast News) - Jobless claims in the US edged up during the preceding week, but remained near record low levels. Read More
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Eurozone recovery gathers pace as unemployment falls
Thursday 30 May 2024
(Sharecast News) - Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher. Read More
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German consumer confidence at highest since April 2022
Wednesday 29 May 2024
(Sharecast News) - Consumer confidence in Germany rose to its highest reading in more than two years, according to the latest Consumer Climate Indicator from GfK and the Nuremberg Institute for Market... Read More
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US consumer confidence breaks three-month stretch of declines in May
Tuesday 28 May 2024
(Sharecast News) - Confidence around current labour market conditions buoyed US consumer sentiment in May, the results of a closely followed survey revealed. Read More
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