Commodities News
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German retail sales unexpectedly slide in December
Wednesday 31 Jan 2024
(Sharecast News) - Retail sales in Germany unexpectedly declined again in December, according to data released on Wednesday by the federal statistics agency Destatis. Read More
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China factory activity falls again in January
Wednesday 31 Jan 2024
(Sharecast News) - Factory activity contracted again in China during January for the fourth consecutive month as the world's second-largest economy continued to struggle. Read More
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US consumer confidence jumps to two-year high
Tuesday 30 Jan 2024
(Sharecast News) - Consumer confidence in the US increased for the third straight month in January, rising to its highest level in more than two years, according to data released on Tuesday by the Con... Read More
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IMF lifts GDP forecasts as inflation slows faster than expected
Tuesday 30 Jan 2024
(Sharecast News) - The International Monetary Fund says that a global soft landing is a possibility as its raised its projections for economic growth in 2024 and 2025. Read More
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US job openings rise unexpectedly in December
Tuesday 30 Jan 2024
(Sharecast News) - The U.S. jobs market continued to exhibit strength at the end of 2023. Read More
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Eurozone Q4 GDP comes in flat, avoids technical recession
Tuesday 30 Jan 2024
(Sharecast News) - The eurozone and European Union managed to avoid a technical recession after official flash estimates showed the economy flatlined in the last three months of 2023. Read More
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Eurozone economic sentiment remains depressed
Tuesday 30 Jan 2024
(Sharecast News) - Economic sentiment in the eurozone remained in the doldrums in January, according to a survey released by the European Commission on Tuesday. Read More
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Germany on edge of recession as GDP contracts in Q4
Tuesday 30 Jan 2024
(Sharecast News) - Germany's economy contracted in the final quarter of 2023 last year, official data revealed on Tuesday, meaning Europe's largest economy is close to recession. Read More
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French economy stagnates, avoids technical recession
Tuesday 30 Jan 2024
(Sharecast News) - France avoided entering a technical recession but its economy stagnated in the second half of 2023, according to official data released on Tuesday. Read More
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Americans continue spending in December, inflations slips more than expected
Friday 26 Jan 2024
(Sharecast News) - Americans continued to splash out at a steady clip at the end of 2023, while price pressures continued to recede. Read More
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German consumer gloom deepens - GfK survey
Friday 26 Jan 2024
(Sharecast News) - Germany's economic gloom deepened on Friday as a widely-watched survey showed an unexpected fall in consumer confidence as inflation deterred people from major purchases. Read More
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Jobless claims rise but labour market remains resilient
Thursday 25 Jan 2024
(Sharecast News) - Initial claims for unemployment benefits in the US rose more than expected last week, according to data released on Thursday by the Department of Labor, though the long-term trend r... Read More
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ECB stand pat, committed to lowering inflation to 2.0%
Thursday 25 Jan 2024
(Sharecast News) - Rate-setters in Frankfurt stayed put on policy at their latest policy meeting, but reiterated their determination to return inflation to 2.0% in timely fashion. Read More
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US economy grew more than expected in Q4
Thursday 25 Jan 2024
(Sharecast News) - US GDP expanded more than anticipated in the last three months of 2023, complicating the picture for interest rates as the Federal Reserve has to contend with stronger-than-expected... Read More
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German business sentiment deteriorates further in January - Ifo
Thursday 25 Jan 2024
(Sharecast News) - German business sentiment deteriorated further in January, according to a survey released on Thursday by the Ifo Institute. Read More
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China's central bank to trim reserve requirements
Wednesday 24 Jan 2024
(Sharecast News) - China's central bank is to cut the amount of cash lenders must hold, it was confirmed on Wednesday, the latest move designed to bolster the country's ailing economy. Read More
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Ifo cuts German growth forecasts
Wednesday 24 Jan 2024
(Sharecast News) - A leading economic think tank has trimmed its growth forecasts for Germany, it was confirmed on Wednesday, in response to government plans to cut spending. Read More
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Eurozone business activity falls at slowest rate since June - PMI
Wednesday 24 Jan 2024
(Sharecast News) - Business activity in the eurozone fell at the slowest rate for six months in January, according to provisional survey data released on Wednesday, albeit with downturns persisting in... Read More
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Chinese authorities mulling stock market rescue package - report
Tuesday 23 Jan 2024
(Sharecast News) - Beijing is considering a possible rescue package to help bolster China's struggling stock markets, it was reported on Tuesday. Read More
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BoJ leaves rates unchanged, cuts inflation forecasts
Tuesday 23 Jan 2024
(Sharecast News) - The Bank of Japan kept interest rates in negative territory as expected on Tuesday, but reduced its forecasts for inflation this year on the back of falling oil prices. Read More
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