Commodities News
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US jobless claims rise during latest week
Thursday 29 Feb 2024
(Sharecast News) - Unemployment claims in the U.S. moved higher during the preceding weeks, especially those not being filed for the first time. Read More
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German inflation falls again to 2.5% in February
Thursday 29 Feb 2024
(Sharecast News) - German inflation fell again this month to its lowest level since June 2021, with the February headline rate hitting 2.5% on an annualised basis, compared with 2.9% in January, accor... Read More
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US PCE inflation ebbs in January, consumption steady
Thursday 29 Feb 2024
(Sharecast News) - Americans' personal incomes surged at the start of 2024, although that did not carry over into their spending. Read More
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German retail sales fall unexpectedly in January
Thursday 29 Feb 2024
(Sharecast News) - German retail sales fell unexpectedly in January, down 0.4% against expectations of a 0.5% rise, according to official data published on Thursday. Read More
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US Q4 GDP growth revised a tad lower on less stockpiling
Wednesday 28 Feb 2024
(Sharecast News) - The American economy expanded at a slightly slower than expected pace at the end of 2023. Read More
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EZ consumer sentiment falls unexpectedly in February
Wednesday 28 Feb 2024
(Sharecast News) - Confidence in the eurozone worsened unexpectedly this month, highlighting the single-currency bloc's struggle to emerge from the impact of the Covid pandemic and war in Ukraine, acc... Read More
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US house prices rise as expected in December
Tuesday 27 Feb 2024
(Sharecast News) - US house price inflation picked up at the end of 2023, pushing prices further into record territory. Read More
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US durable goods orders plummet as those for jets more than halve
Tuesday 27 Feb 2024
(Sharecast News) - Durable goods orders shrank rapidly at the start of 2024, but mainly due to a more than halving in those for defence aircraft and parts. Read More
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German consumer confidence seen stable in March but at low levels - GfK
Tuesday 27 Feb 2024
(Sharecast News) - German consumer sentiment was tipped to stabilise at a low level next month as consumers expressed concerns about Europe's biggest economy, according to a widely-watched survey publ... Read More
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US new home sales rise 1.5% in January
Monday 26 Feb 2024
(Sharecast News) - New home sales rose 1.5% month-on-month in January, according to the Census Bureau, hitting a seasonally adjusted annualised rate of 661,000 and falling short of market expectations... Read More
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Business sentiment in Germany strengthens slightly
Friday 23 Feb 2024
(Sharecast News) - Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter. Read More
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German economy shrinks by 0.3% in Q4, as expected
Friday 23 Feb 2024
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus. Read More
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US existing home sales rise 3.1% in January
Thursday 22 Feb 2024
(Sharecast News) - US existing home sales rose 3.1% month-on-month in January, according to the National Association of Realtors. Read More
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US composite PMI eases as service-sector growth slows
Thursday 22 Feb 2024
(Sharecast News) - Private-sector activity growth in the US eased slightly in February, according to figures released on Thursday by S&P Global, as a slight slowdown in the services sector outweighed ... Read More
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US initial jobless claims hit lowest level in five weeks
Thursday 22 Feb 2024
(Sharecast News) - Americans lined up for state benefits at a decelerated pace in the week ended 17 February, according to the Labor Department, hitting the lowest level for new claims in five weeks. Read More
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Eurozone inflation edges lower in January
Thursday 22 Feb 2024
(Sharecast News) - Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected. Read More
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Eurozone activity downturn easing as services recover - PMI
Thursday 22 Feb 2024
(Sharecast News) - The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday. Read More
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Germany slashes growth forecasts for 2024
Wednesday 21 Feb 2024
(Sharecast News) - Germany sharply lowered its economic forecasts on Wednesday, in response to faltering global demand and growing geopolitical uncertainty. Read More
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PBoC trims five-year loan prime rate more than expected
Tuesday 20 Feb 2024
(Sharecast News) - Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June. Read More
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German economy now likely in recession - Bundesbank
Monday 19 Feb 2024
(Sharecast News) - Germany's Bundesbank warned on Monday that Europe's largest economy was now likely in recession, with external demand weak, consumers remaining cautious, and domestic investment bei... Read More
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