Commodities News
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J.P.Morgan bullish on outlook for UK property stocks
Thursday 20 Jul 2023
(Sharecast News) - Analysts at J.P.Morgan sounded a 'bullish' note on the outlook for UK property stocks. Read More
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Existing home sales slip in June due to a lack of supply, NAR says
Thursday 20 Jul 2023
(Sharecast News) - The pace of existing home sales was softer than expected last month, but a leading business lobby group laid the blame at the feet of insufficient supply. Read More
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Weekly U.S. jobless claims surprise to the downside again
Thursday 20 Jul 2023
(Sharecast News) - The U.S. jobs market appeared to tighten a bit over the preceding week, hitting a two-month low in the process. Read More
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Philly Fed factory index is little changed in July
Thursday 20 Jul 2023
(Sharecast News) - Manufacturing sector activity in the U.S. mid-Atlantic region was little changed in July, according to the results of a closely followed survey. Read More
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Cryptos are still lethargic; "Bitcoin seems vulnerable to further falls"
Thursday 20 Jul 2023
(Sharecast News) - Slight rebound in the cryptocurrency market. Bitcoin (BTC) rises moderately above $30,1000, while Ethereum (ETH) drops a little and threatens the $1,900 level. Read More
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PBoC stands pat on interest rates, as expected
Thursday 20 Jul 2023
(Sharecast News) - The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month. Read More
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EZ inflation confirmed at 5.5%; Construction up 0.2%
Wednesday 19 Jul 2023
(Sharecast News) - Eurozone annual inflation was confirmed at 5.5% in June from 6.1% in May, final official data from Eurostat showed Wednesday. Read More
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Cryptos are calm; Bitcoin stagnates after post-Ripple surge
Wednesday 19 Jul 2023
(Sharecast News) - Cryptocurrencies rebound slightly. Bitcoin (BTC) rises 0.2% and is back above $30,000, while Ethereum (ETH) soars 0.5% and is back above $1,900. Read More
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U.S. industrial production surprises to the downside in June
Tuesday 18 Jul 2023
(Sharecast News) - Industrial production in the U.S. shrank unexpectedly last month. Read More
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US retail sales grow by less than anticipated in June
Tuesday 18 Jul 2023
(Sharecast News) - Retail sales volumes in the U.S. grew by less than expected last month. Read More
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ECB's Visco says inflation may come down more quickly than anticipated
Tuesday 18 Jul 2023
(Sharecast News) - Euro area inflation may come down faster than the European Central Bank's predictions, the head of Italy's monetary authority. Read More
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Bitcoin falls; the Ripple Effect dissipates and drops below $30,000
Tuesday 18 Jul 2023
(Sharecast News) - New falls in the cryptocurrency market. Bitcoin (BTC) drops about 1% and falls below $30,000, while Ethereum (ETH) retreats half a point more and is currently trying to maintain the... Read More
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J.P.Morgan reiterates 'underweight' on euro area stocks
Monday 17 Jul 2023
(Sharecast News) - Equity strategists at J.P. Morgan reiterated their 'underweight' stance towards Eurozone equities and sounded a "cautious" note on the outlook for China, a key driver of activity in... Read More
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Empire State index retreats slightly in July
Monday 17 Jul 2023
(Sharecast News) - Factory sector activity in the jurisdiction of the Federal Reserve Bank of New York softened a tad less than expected in July. Read More
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EU to probe Microsoft's bundling of Teams with Office
Monday 17 Jul 2023
(Sharecast News) - Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels... Read More
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Few movements in cryptos; experts anticipate a calm week
Monday 17 Jul 2023
(Sharecast News) - Few movements in cryptocurrencies. Bitcoin (BTC) trades cautiously at $30,200, while Ethereum (ETH) has risen moderately at $1,930. Read More
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China Q2 GDP misses expectations
Monday 17 Jul 2023
(Sharecast News) - China's second-quarter gross domestic product grew by 6.3% year on year, missing expectations, according to official data published on Monday. Read More
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US import prices were little changed in June
Friday 14 Jul 2023
(Sharecast News) - The cost of imported goods was little changed in June. Read More
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Consumer confidence jumps as inflation cools, jobs stable, University of Michigan says
Friday 14 Jul 2023
(Sharecast News) - Consumer sentiment in the U.S. hit a nearly two-year high in July, the results of a closely followed survey revealed. Read More
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EZ trade deficit slashed in May
Friday 14 Jul 2023
(Sharecast News) - The eurozone almost wiped out its trade deficit in May, according to data published on Friday, as exports of chemicals and machinery picked up imported energy products fell. Read More
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