Commodities News
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China factory activity picks up in November
Friday 01 Dec 2023
(Sharecast News) - Factory activity in China picked up in November, according to figures released on Friday. Read More
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US pending home sales drop to record low in October
Thursday 30 Nov 2023
(Sharecast News) - US pending home sales dropped to a record low in October as mortgage rates rose sharply. Read More
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Chicago PMI surges in November
Thursday 30 Nov 2023
(Sharecast News) - November's Chicago purchasing managers' index surged to 55.8 last month, according to the Institute for Supply Management. Read More
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OPEC+ agrees to cut output by a further 1m barrels a day
Thursday 30 Nov 2023
(Sharecast News) - OPEC+ members have reportedly agreed to cut oil production by a further one million barrels a day. Read More
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Court overturns Apple's appeal of UK mobile markets probe
Thursday 30 Nov 2023
(Sharecast News) - The Court of Appeal has upheld the Competition and Markets Authority's (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming. Read More
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Saudi said to have won provisional backing for Opec+ oil production cuts
Thursday 30 Nov 2023
(Sharecast News) - Saudi Arabia has reportedly won provisional backing for further oil production cuts by the Opec+ group, boosting oil prices to the highest in three weeks ahead of a crucial meeting ... Read More
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US jobless claims rise by 7,000
Thursday 30 Nov 2023
(Sharecast News) - Americans filed unemployment claims at an accelerated clip in the week ended 25 November, according to the Labor Department. Read More
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US inflation slows in October as consumers ease spending
Thursday 30 Nov 2023
(Sharecast News) - US inflation eased as expected in the month of October, according to data released Thursday by the Bureau of Economic Analysis (BEA), which will provide some reassurance to the Fede... Read More
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German unemployment still rising despite total employment record
Thursday 30 Nov 2023
(Sharecast News) - The number of employed rose in Germany in October, albeit marginally, as seasonally-adjusted figures showed a slight uptick in the number of those in work since the summer. Read More
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Eurozone inflation slows to just 2.4% in November
Thursday 30 Nov 2023
(Sharecast News) - Eurozone inflation slowed much more than expected in November, according to figures released Thursday by Eurostat, raising hopes that the European Central Bank (ECB) may move to cut... Read More
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China's factory activity declines for second month
Thursday 30 Nov 2023
(Sharecast News) - China's manufacturing sector continued to falter in November, official data showed on Thursday, despite government support. Read More
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German retail sales bounce back in October
Thursday 30 Nov 2023
(Sharecast News) - Retail sales in Germany rose much more than expected in October, according to figures out Thursday by Destatis, the federal statistics office. Read More
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US economy grows more than expected in Q3
Wednesday 29 Nov 2023
(Sharecast News) - The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department. Read More
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German inflation falls by more than expected
Wednesday 29 Nov 2023
(Sharecast News) - German inflation eased in November to the lowest level for more than two years, official data showed on Wednesday. Read More
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UK economy to grow at sluggish pace - OECD
Wednesday 29 Nov 2023
(Sharecast News) - The UK economy will grow this year and the next, a leading global organisation forecast on Wednesday, but only at a sluggish pace. Read More
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Eurozone economic sentiment ticks higher
Wednesday 29 Nov 2023
(Sharecast News) - Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday. Read More
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German business sentiment improves again - Ifo
Friday 24 Nov 2023
(Sharecast News) - German business sentiment improved again in November, albeit a little less than expected, according to a survey released on Friday by the Ifo Institute. Read More
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German economy contracts slightly in third quarter
Friday 24 Nov 2023
(Sharecast News) - The German economy contracted a touch in the third quarter, as per the initial estimate, according to figures released on Friday by Destatis. Read More
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Turkey's central bank hikes rates by 500 basis points
Thursday 23 Nov 2023
(Sharecast News) - Turkey's central bank hiked interest rates by 500 basis points on Thursday to 40%, but signalled it was getting close to the end of the tightening cycle. Read More
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Sweden's Riksbank keeps rates on hold, but prepared to hike if needed
Thursday 23 Nov 2023
(Sharecast News) - Sweden's central bank kept interest rates unchanged on Thursday but warned that monetary policy could be tightened if inflation doesn't come down quite enough. Read More
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