Commodities News
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Japan lifts rates for first time in 17 years
Tuesday 19 Mar 2024
(Sharecast News) - Japan's central bank raised interest rates on Tuesday, ending an eight-year policy of keeping them in negative territory in an attempt to boost economic growth. Read More
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Eurozone CPI confirmed at 2.6% in February; Trade hits surplus
Monday 18 Mar 2024
(Sharecast News) - Eurozone inflation in February was confirmed at 2.6%, down from 2.8% in January, according to official data released on Monday. Read More
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China posts upbeat data, but property sector still sluggish
Monday 18 Mar 2024
(Sharecast News) - China reported upbeat economic data for the first two months of the year, beating expectations, but its troubled real estate sector still showed sluggishness. Read More
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Home prices continue to fall in China
Friday 15 Mar 2024
(Sharecast News) - House prices continued to slide in China last month, official data showed on Friday, heaping more pressure on the country's struggling property sector. Read More
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Global oil markets to face supply deficit in 2024
Thursday 14 Mar 2024
(Sharecast News) - Global oil markets will face a supply deficit in 2024, according to the International Energy Agency, instead of the surplus previously predicted as OPEC+ supply cuts were expected t... Read More
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Weekly initial US jobless claims dip unexpectedly
Thursday 14 Mar 2024
(Sharecast News) - Unemployment claims in the U.S. being filed for the first time dipped unexpectedly during the preceding week. Read More
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US producer prices rose more quickly than expected last month
Thursday 14 Mar 2024
(Sharecast News) - Wholesale inflation in the U.S. rose more quickly than anticipated, due in large part to higher energy prices. Read More
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US retail sales grow by less than anticipated in February
Thursday 14 Mar 2024
(Sharecast News) - Retail sales in the U.S. grew by less than expected last month. Read More
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US mortgage applications increase 7.1%
Wednesday 13 Mar 2024
(Sharecast News) - US mortgage applications increased by 7.1% in the week ended 8 March, according to the Mortgage Bankers Association of America, cooling off slightly from the prior week's 9.7% rise. Read More
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Eurozone industrial production unexpectedly tumbles
Wednesday 13 Mar 2024
(Sharecast News) - Industrial production fell sharply in the eurozone in January, official data showed on Wednesday, by more than expected. Read More
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OPEC holds oil demand forecasts, but lifts GDP outlook
Tuesday 12 Mar 2024
(Sharecast News) - The Organization of the Petroleum Exporting Countries (OPEC) has maintained its forecasts for global oil demand over the next two years, citing "robust" economic growth that has car... Read More
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Energy prices nudge US CPI inflation higher in February
Tuesday 12 Mar 2024
(Sharecast News) - The cost of living in the U.S. was little changed last month but did not dip as much as anticipated amid the rising cost of energy. Read More
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Inflation still a worry for US small businesses as optimism dips
Tuesday 12 Mar 2024
(Sharecast News) - Optimism among small businesses in the US unexpectedly declined last month, according to the National Federation of Independent Business (NFIB), with inflation still a concern for m... Read More
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German inflation confirmed at 32-month low in February
Tuesday 12 Mar 2024
(Sharecast News) - The secondary reading of German inflation on Tuesday confirmed that the annual rise in consumer prices eased to a 32-month low in February as a result of a sharp slowdown in food-pr... Read More
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US non-farm payrolls grow more quickly than expected in February, but details softer
Friday 08 Mar 2024
(Sharecast News) - Hiring in the U.S. continued at a strong clip last month, albeit alongside a very clear slowdown in wage growth. Read More
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Eurozone GDP ends 2023 unchanged
Friday 08 Mar 2024
(Sharecast News) - The eurozone economy was little changed at the end of 2023, official data showed on Friday, allowing it to narrowly skirt recession. Read More
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German industrial production pushes higher
Friday 08 Mar 2024
(Sharecast News) - German industrial production ticked higher in January, official data showed on Friday, beating expectations. Read More
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US unit labour costs rise by a tad less than expected in Q4
Thursday 07 Mar 2024
(Sharecast News) - Inflationary pressures in the U.S. from salaries and compensation eased at the end of 2023. Read More
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US jobless claims come in ahead of expectations
Thursday 07 Mar 2024
(Sharecast News) - Americans lined up for unemployment benefits at a faster than anticipated clip in the week ended 2 March, according to the Labor Department. Read More
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ECB leaves rates unchanged; cuts inflation, growth forecasts
Thursday 07 Mar 2024
(Sharecast News) - The European Central Bank kept interest rates unchanged on Thursday as it cut inflation and growth forecasts. Read More
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