Commodities News
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China CPI improves slightly but still in deflation
Friday 12 Jan 2024
(Sharecast News) - Consumer prices in China improved slightly but were still deflationary for the third consecutive month in December, as the recovery in the world's second biggest economy continued t... Read More
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US jobless claims slow in first week of 2024
Thursday 11 Jan 2024
(Sharecast News) - Americans filed claims for state benefits at a decelerated clip in the week ended 6 January, according to the Labor Department, hitting their lowest level since October. Read More
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Amazon fails to offer remedies to EU concerns over iRobot acquisition
Thursday 11 Jan 2024
(Sharecast News) - Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1.4bn acquisition of... Read More
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US consumer price inflation rises more than expected in December
Thursday 11 Jan 2024
(Sharecast News) - US consumer price inflation rose more than expected in December, according to figures released on Thursday by the Labor Department. Read More
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US mortgage applications rise 9.9%
Wednesday 10 Jan 2024
(Sharecast News) - Mortgage application volume rose 9.9% in the week ended 5 January, according to the Mortgage Bankers Association, the biggest increase in a year. Read More
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French industrial output rebounds in November
Wednesday 10 Jan 2024
(Sharecast News) - Industrial output in France unexpectedly rebounded in November, according to data released on Wednesday by the National Institute of Statistics and Economic Studies (Insee). Read More
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US trade deficit in goods widens during November
Tuesday 09 Jan 2024
(Sharecast News) - America's trade deficit in goods widened to $90.3bn in November, up from a revised reading of $89.6bn a month earlier, according to an advance estimate from the Census Bureau. Read More
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US small business optimism rises but inflation worries persist
Tuesday 09 Jan 2024
(Sharecast News) - Optimism among small businesses in the United States was better than expected in December, according to a survey out on Tuesday from the NFIB Research Foundation, though inflation i... Read More
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Eurozone unemployment narrowly beats forecasts in November
Tuesday 09 Jan 2024
(Sharecast News) - Eurozone unemployment narrowly surpassed market forecasts in November 2023, according to Eurostat, and was in line with June's historic low. Read More
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German industrial output posts shock fall in November
Tuesday 09 Jan 2024
(Sharecast News) - German industrial production registered an unexpected fall in November, making it the six straight month of declines as manufacturing in Europe's biggest economy continued to strugg... Read More
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Oil stocks slide as Saudi Arabia cuts crude prices
Monday 08 Jan 2024
(Sharecast News) - Oil stocks were hit as major producer Saudi Arabia cut prices across the board, sending benchmark crude sharply lower on Monday. Read More
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Euro Area retail sales unexpectedly fall in November
Monday 08 Jan 2024
(Sharecast News) - Eurozone retail sales fell 0.3% in November, according to Eurostat, cutting into October's upwardly revised 0.4% jump and marking the sharpest decline in retail volume since August. Read More
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Eurozone consumer confidence hits 22-month high in December
Monday 08 Jan 2024
(Sharecast News) - Consumer confidence in the eurozone was revised to a 22-month high in December, according to the final estimates of a survey released on Monday by the European Commission. Read More
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German trade surplus expands as exports jump in November
Monday 08 Jan 2024
(Sharecast News) - Germany's trade balance jumped in November after a huge rise in monthly exports smashed economists' expectations. Read More
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German factory orders edge higher but miss forecasts
Monday 08 Jan 2024
(Sharecast News) - Factory orders in Germany increased by less than expected in November,, according to provisional figures released on Monday by the Federal Statistical Office, Destatis. Read More
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ISM US services PMI unexpectedly falls in December
Friday 05 Jan 2024
(Sharecast News) - The Institute for Supply Management's services PMI unexpectedly fell to 50.6 in December, the lowest reading seen in seven months, down from both 52.7 in November and expectations f... Read More
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US economy adds 216,000 jobs in December 2023
Friday 05 Jan 2024
(Sharecast News) - The US economy added 216,000 jobs in December, according to the Bureau of Labor Statistics, up from November's downwardly revised print of 173,000 and well ahead of market forecasts... Read More
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Eurozone inflation rises less than expected in December
Friday 05 Jan 2024
(Sharecast News) - Inflation in the eurozone accelerated in December, according to Eurostat on Friday, but by less than expected, reinforcing expectations that the European Central Bank will soon move... Read More
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German retail sales tank in November
Friday 05 Jan 2024
(Sharecast News) - German retail sales dropped sharply in November as non-food sales tanked, according to the federal statistics office, Destatis. Read More
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German inflation rises as expected as energy prices temporarily jump
Thursday 04 Jan 2024
(Sharecast News) - Flash estimates for Germany's consumer price index (CPI) for December showed a sharp uptick in annual inflation, though it was largely as expected after a plunge in energy prices th... Read More
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