Commodities News
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Fed's Waller calls for two more rate hikes, perhaps one
Friday 14 Jul 2023
(Sharecast News) - One of the U.S. Federal Reserve's top officials called for two more interest rate hikes before the end of the year. Read More
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Friday preview: U.S. Q2 bank results, consumer confidence in the spotlight
Friday 14 Jul 2023
(Sharecast News) - Investors' attention at the end of the week would be trained be on quarterly results due out from U.S. banking heavyweights Citigroup, J.P.Morgan, and Wells Fargo. Read More
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Cryptos soar after Ripple's partial victory against the SEC
Friday 14 Jul 2023
(Sharecast News) - There´s a revolution in the cryptocurrency market. Bitcoin (BTC) rebounds 3% to $31,300, while Ethereum (ETH) rises 7% and climbs to $2,000. The market's market capitalization has s... Read More
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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US initial jobless claims unexpectedly fall
Thursday 13 Jul 2023
(Sharecast News) - The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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IEA trims global oil demand forecasts
Thursday 13 Jul 2023
(Sharecast News) - The International Energy Agency trimmed its forecasts for global oil demand on Thursday, on the back of "persistent" macroeconomic headwinds. Read More
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Eurozone industrial production ticks higher
Thursday 13 Jul 2023
(Sharecast News) - Industrial production across the Eurozone nudged higher in May, official data showed on Thursday. Read More
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Cryptos ignore the US CPI; Bitcoin moves away from $31,000
Thursday 13 Jul 2023
(Sharecast News) - The cryptocurrency market falls on Thursday. Bitcoin (BTC) has dropped 1% and stands at $30,400, sensibly far from $31,000, while Ethereum (ETH) retreats 0.9% to $1,870 after touchi... Read More
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Chinese export growth undershoots in June, but import volumes hold up
Thursday 13 Jul 2023
(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged. Read More
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US CPI gains slow further in June
Wednesday 12 Jul 2023
(Sharecast News) - Cost of living increases in the States continued to ebb last month, including at the so-called 'core' level. Read More
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Bank of Canada hikes rates by 25 basis points
Wednesday 12 Jul 2023
(Sharecast News) - The Bank of Canada lifted interest rates on Wednesday by 25 basis points to 5% - the highest level in 22 years. Read More
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Bitcoin hovers around $31,000 with an eye on U.S. inflation
Wednesday 12 Jul 2023
(Sharecast News) - Cryptocurrencies rise moderately on Wednesday. Bitcoin (BTC) soars around 0.3% and manages to climb to $30,700, while Ethereum (ETH) follows in its wake and is approaching $1,900. Read More
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US small business confidence edges up in June, NFIB says
Tuesday 11 Jul 2023
(Sharecast News) - Small businesses in the US grew more confident in June, the results of a closely followed survey revealed. Read More
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China moves to support property lending, more measures anticipated
Tuesday 11 Jul 2023
(Sharecast News) - Chinese authorities moved to buttress property developers by pressuring lenders to extend outstanding short-term loans. Read More
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German business sentiment deteriorates more than expected
Tuesday 11 Jul 2023
(Sharecast News) - German business sentiment deteriorated more than expected in July, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Cryptos rise; Bitcoin, at $30,000, awaits U.S. CPI
Tuesday 11 Jul 2023
(Sharecast News) - There are rises in the cryptocurrency market. Bitcoin (BTC) has rallied more than 1% in the last 24 hours and manages to climb to $30,600, while Ethereum (ETH) follows in its wake b... Read More
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German inflation rebound confirmed for June
Tuesday 11 Jul 2023
(Sharecast News) - German inflation rose in June, official final data confirmed on Tuesday, after a series of falls in previous months. Read More
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Fed's Daly, Mester guide towards more interest rate hikes
Monday 10 Jul 2023
(Sharecast News) - Two top US central bank officials guided towards more tightening moves in 2023. Read More
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