Commodities News
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US consumer confidence falls back in May, University of Michigan says
Friday 24 May 2024
(Sharecast News) - Consumer sentiment in the US shifted down a gear in May, according to the results of a closely followed survey. Read More
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US durable goods orders rise unexpectedly in April
Friday 24 May 2024
(Sharecast News) - Durable goods orders in the US rose unexpectedly in April, but on the back of a sharp downwards revision to the prior month's figures. Read More
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German GDP Q1 growth confirmed at 0.2%
Friday 24 May 2024
(Sharecast News) - Germany's economy grew 0.2% in the first quarter of 2024 compared with the final three months of last year, confirming a flash estimate, the Federal statistics office said on Friday... Read More
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US economic activity picks up to more than two-year highs, PMIs show
Thursday 23 May 2024
(Sharecast News) - Economic activity in the US picked up unexpectedly in May, the results of two surveys revealed. Read More
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US jobless claims fall to 215,000
Thursday 23 May 2024
(Sharecast News) - Americans lined up for state unemployment benefits at a decelerated clip in the week ended 18 May, according to the Labor Department. Read More
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Turkey central bank holds rates at 50%
Thursday 23 May 2024
(Sharecast News) - Turkey's central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected. Read More
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Eurozone economic recovery gathers pace in May
Thursday 23 May 2024
(Sharecast News) - The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday. Read More
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US existing home sales dip in April
Wednesday 22 May 2024
(Sharecast News) - Sales of second-hand homes in the US dipped by slightly more than expected last month. Read More
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China hints at tariff hikes for large car imports
Wednesday 22 May 2024
(Sharecast News) - China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers. Read More
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Eurozone construction output inches higher
Tuesday 21 May 2024
(Sharecast News) - Construction output in the eurozone rose marginally in March while the previous month's increase was revised significantly lower, according to figures released on Tuesday by Eurosta... Read More
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German producer prices fall more than expected
Tuesday 21 May 2024
(Sharecast News) - Germany wholesale price deflation accelerated more than expected in April, according to figures released by Destatis, the Federal Statistical Office, on Tuesday. Read More
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Chinese banks hold benchmark lending rates steady
Monday 20 May 2024
(Sharecast News) - Chinese banks kept their benchmark lending rates unchanged after the People's Bank of China also chose to stay put on a key rate on loans it offers to lenders. Read More
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China moves to spark housing market with offer to buy empty homes
Friday 17 May 2024
(Sharecast News) - The Chinese central bank moved again to help the struggling property sector on Friday by relaxing lending rules and offering to buy commercial real estate, as data showed house pric... Read More
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Eurozone inflation steady in April
Friday 17 May 2024
(Sharecast News) - Eurozone inflation was unchanged in April, as expected, according to figures released by Eurostat on Friday. Read More
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US April import prices jump past forecasts on fuel costs
Thursday 16 May 2024
(Sharecast News) - The cost of goods purchased overseas jumped last month amid dearer prices for fuel imports. Read More
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Weekly US unemployment claims drop
Thursday 16 May 2024
(Sharecast News) - US firms continued to hold onto their workers during the latest week. Read More
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Philly Fed index declines amid drop in new orders
Thursday 16 May 2024
(Sharecast News) - Factory activity in the US mid-Atlantic region slowed a tad more than expected in May, the results of a closely-followed survey revealed. Read More
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EC launches formal probe into how Meta protects minors
Thursday 16 May 2024
(Sharecast News) - The European Commission has launched formal proceedings to investigate whether Meta may have breached the Digital Services Act (DSA) through how it treats and protects minors on Fac... Read More
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Japan GDP contracts more than expected, clouds BoJ rate plans
Thursday 16 May 2024
(Sharecast News) - Japan's economy unexpectedly shrank in the first quarter as consumers tightened their belts in response to stagnant wage growth, companies cut spending and exports fell. Read More
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April US retail sales undershoot forecasts
Wednesday 15 May 2024
(Sharecast News) - American consumers reined in their spending last month, especially on motor vehicles and parts, as well as online. Read More
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