Commodities News
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US jobless claims drop to seven-month low
Thursday 07 Sep 2023
(Sharecast News) - Initial claims for jobless benefits in the US unexpectedly fell last week to their lowest levels since February, according to statistics from the Department of Labor released on Thu... Read More
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Eurozone recession fears rise as Q2 GDP revised down to 0.1%
Thursday 07 Sep 2023
(Sharecast News) - The Eurozone economy barely grew in the second quarter, while job creation eased, in fresh signs that the single-currency bloc will slip into recession later this year. Read More
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Little movement in cryptos; macro data eliminates risk appetite
Thursday 07 Sep 2023
(Sharecast News) - There have been timid rises in the cryptocurrency market. Bitcoin (BTC) has barely moved up or down in the last 24 hours and remains at $25,700, while Ethereum (ETH) has risen aroun... Read More
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German industrial production falls again in July as struggles continue
Thursday 07 Sep 2023
(Sharecast News) - German industrial production fell again in July as manufacturing in Europe's largest economy continued its struggles to recover from high inflation and costs. Read More
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China exports fall for fourth month in a row
Thursday 07 Sep 2023
(Sharecast News) - China exports fell for the fourth successive month in August as weak demand and persistent supply chain issues continued to dog the world's second-largest economy in its efforts to ... Read More
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US services sector activity slows further in August, S&P says
Wednesday 06 Sep 2023
(Sharecast News) - Services sector activity in the US slowed a tad more than anticipated during the previous month, the results of a survey showed. Read More
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Eurozone retail sales slip in July
Wednesday 06 Sep 2023
(Sharecast News) - Retail sales across the Eurozone fell by more than expected in July, official data showed on Wednesday. Read More
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Eurozone construction activity contracts again in August
Wednesday 06 Sep 2023
(Sharecast News) - Eurozone construction activity contracted again in August, according to a survey released on Wednesday. Read More
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Cryptos rebound; the SEC and macro data keep the market on edge
Wednesday 06 Sep 2023
(Sharecast News) - Cryptocurrencies rise moderately. Bitcoin (BTC) advances 0.2% in the last 24 hours and regains $25,700, although it remains far from $26,000, and Ethereum (ETH) rises 0.5% and hover... Read More
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German factory orders tumble in July
Wednesday 06 Sep 2023
(Sharecast News) - German factory orders tumbled in July, according to figures released on Wednesday by Destatis. Read More
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Saudi Arabia extends voluntary oil cut - report
Tuesday 05 Sep 2023
(Sharecast News) - Saudi Arabia has extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, CNBC reported, citing the state-owned Saudi Press Agency. Read More
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Eurozone August output falls at fastest rate in three years
Tuesday 05 Sep 2023
(Sharecast News) - Output in the eurozone during August fell at its fastest rate in three years in August, with services survey data revised downwards from initial estimates and price inflation making... Read More
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More cryptos fall; what if Bitcoin drops to $22,000?
Tuesday 05 Sep 2023
(Sharecast News) - New falls in the cryptocurrency market; Bitcoin (BTC) drops 1% in the last 24 hours and falls below $25,700, while Ethereum (ETH), which drops slightly less, is putting $1,600 in da... Read More
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China services growth slows to eight-month low in August
Tuesday 05 Sep 2023
(Sharecast News) - Business activity in China's services sector increased at its lowest rate in eight months in August, according to a private survey out on Tuesday. Read More
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Australia holds interest rates steady for third month in a row
Tuesday 05 Sep 2023
(Sharecast News) - Australia's central bank held rates steady for the third consecutive month as signs that inflationary pressures were easing continued. Read More
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German exports fall in July
Monday 04 Sep 2023
(Sharecast News) - German exports fell by 0.9% on a monthly basis from an upwardly-revised 0.2% rise in June, according to official statistics published on Monday. Read More
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Nothing new on cryptocurrencies after SEC's blow to Bitcoin ETFs
Monday 04 Sep 2023
(Sharecast News) - There have been few movements in the cryptocurrency market. Bitcoin (BTC) rises moderately and tries to regain $26,000, while Ethereum (ETH) barely rises and remains below $1,650. Read More
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US manufacturing contracts for 10th straight month, but decline eases
Friday 01 Sep 2023
(Sharecast News) - Manufacturing activity in the US contracted for the 10th straight month in August, according to the Institute for Supply Management, though the decline eased more than expected. Read More
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Payrolls rise more than expected, unemployment rate jumps
Friday 01 Sep 2023
(Sharecast News) - The US economy added more jobs than forecast in August but an unexpected jump in the unemployment rate, cooling wages and revisions to the previous months' data raised expectations ... Read More
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Bitcoin slips and loses $26,000 after SEC's blow to ETFs
Friday 01 Sep 2023
(Sharecast News) - Sharp turnaround in the cryptocurrency market. Bitcoin (BTC) has plummeted nearly 5% in the last 24 hours and lost $26,000, while Ethereum (ETH) has dropped more than 3% and stands ... Read More
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