Commodities News
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US open: Stocks rise, helped by apparently stronger-than-expected data
Thursday 14 Sep 2023
(Sharecast News) - Stocks were moving higher on Thursday despite a batch of fresh economic data that, at least on the surface, came in ahead of forecasts. Read More
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ECB hikes rates by 25 basis points but signals end of tightening
Thursday 14 Sep 2023
(Sharecast News) - The European Central Bank lifted interest rates to a record high on Thursday as it looks to tackle inflation. Read More
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US wholesale prices jump by more than expected in August
Thursday 14 Sep 2023
(Sharecast News) - Wholesale prices in the U.S. increased more quickly than anticipated in August, pushed higher by energy prices. Read More
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Weekly US jobless claims little changed
Thursday 14 Sep 2023
(Sharecast News) - The U.S. jobs market remained tight during the previous week. Read More
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U.S. retail sales grow more quickly than expected in August
Thursday 14 Sep 2023
(Sharecast News) - Americans continued spending at a rapid clip last month. Read More
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Bitcoin resists after U.S. authorizes FTX´s crypto liquidation
Thursday 14 Sep 2023
(Sharecast News) - The cryptocurrency market is resisting. Bitcoin (BTC) rises moderately in the last 24 hours and remains above $26,200, while Ethereum (ETH) hovers around $1,620. Read More
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US consumer prices rise slightly more quickly than expected in August
Wednesday 13 Sep 2023
(Sharecast News) - The cost of living in the U.S. rose a tad more quickly than anticipated last month, driven higher by the cost of petrol and for auto insurance. Read More
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EU to probe Chinese electric vehicles
Wednesday 13 Sep 2023
(Sharecast News) - The European Commission is to launch an anti-subsidy probe into electric vehicles imported from China, it was announced on Wednesday. Read More
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Eurozone industrial production slides in July
Wednesday 13 Sep 2023
(Sharecast News) - Industrial production fell more sharply than expected across the Eurozone in July, official data showed on Wednesday. Read More
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Bitcoin regains $26,000, but new problems keep arising
Wednesday 13 Sep 2023
(Sharecast News) - The cryptocurrency market´s made a comeback. After the steep falls seen on Monday, Bitcoin (BTC) rises around 0.9% in the last 24 hours and regains $26,000, while Ethereum (ETH) reb... Read More
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Global fund managers no longer 'extreme' bearish, BoA says
Tuesday 12 Sep 2023
(Sharecast News) - Fund managers around the world remained bearish in August for the most part, but were no longer "extreme" bearish, the results of a survey showed. Read More
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German investor sentiment unexpectedly improves in September - ZEW
Tuesday 12 Sep 2023
(Sharecast News) - Investor sentiment in Germany unexpectedly improved in September, according to a survey released on Tuesday. Read More
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Cryptos fall again; FTX puts Bitcoin's $25,000 in jeopardy
Tuesday 12 Sep 2023
(Sharecast News) - There´s been a notable drop in the cryptocurrency market. Bitcoin (BTC) falls slightly after experiencing high volatility and stands at $25,800, while Ethereum (ETH) drops around 2%... Read More
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Germany economy slated to contract in 2023, says EC
Monday 11 Sep 2023
(Sharecast News) - The German economy is set to shrink this year as high inflation and rising interest rates as Europe's biggest economy goes into a prolonged recession, the European Commission said o... Read More
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European Commission cuts economic growth expectations
Monday 11 Sep 2023
(Sharecast News) - The European Commission unveiled its summer 2023 economic forecast on Monday, cutting its expectations for growth across the eurozone and the wider 27-member European Union. Read More
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Bitcoin falls back below $26,000, "looking uninspired"
Monday 11 Sep 2023
(Sharecast News) - New falls in the cryptocurrency market. Bitcoin (BTC) trades below $26,000 again and settles around $25,800, while Ethereum (ETH) drops to $1,610. Read More
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Gas prices spike as Australian workers begin strike
Friday 08 Sep 2023
(Sharecast News) - European gas prices jumped on Friday, after strikes got underway at two liquified natural gas facilities in Australia. Read More
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German August CPI eases to 6.1% but energy, food still surging
Friday 08 Sep 2023
(Sharecast News) - German inflation eased to 6.1% in August - confirming initial readings - as elevated food and energy prices continued to outstrip the overall rate, according to official data releas... Read More
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Friday preview: German CPI, French and Spanish industrial output in focus
Friday 08 Sep 2023
(Sharecast News) - There would be little in the way of new company or economic reports for investors to chew on at the end of the week. Read More
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Cryptos rebound; Bitcoin recovers $26,200 thanks to JP Morgan
Friday 08 Sep 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rallies about 2% in the last 24 hours and reconquers $26,000, while Ethereum (ETH) rises 0.6% and climbs above $1,650. Read More
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