Commodities News
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Crypto euphoria tempers as Bitcoin looks ahead to a potentially "historic" July
Tuesday 27 Jun 2023
(Sharecast News) - The cryptocurrency market is calm for now. Bitcoin (BTC) has dropped 0.6% in the last 24 hours, although it remains above $30,300, while Ethereum (ETH) has fallen more than 1% and m... Read More
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German business sentiment deteriorates further in June - Ifo
Monday 26 Jun 2023
(Sharecast News) - German business sentiment deteriorated more than expected in June, according to a survey released on Monday by the Ifo Institute. Read More
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Bitcoin holds $30,500 and has high hopes for BlackRock´s ETF
Monday 26 Jun 2023
(Sharecast News) - The cryptocurrency market starts the week with declines. In the last 24 hours, digital assets, with Bitcoin (BTC) paving the way, have fallen by 1%. However, the reigning cryptocurr... Read More
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US factory activity shrinks in June, but services 'solid', PMIs show
Friday 23 Jun 2023
(Sharecast News) - Activity at US factories and in the services sector slowed in June, although it remained solid in the latter, the results of a survey showed. Read More
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Bitcoin clings to $30,000 after rising nearly 20% since Monday
Friday 23 Jun 2023
(Sharecast News) - Bitcoin clings to the $30,000 mark on Friday (slightly lower now at $29,950) after a clearly positive week in which it has risen nearly 20%. Read More
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Euro area June PMIs surprise sharply to the downside
Friday 23 Jun 2023
(Sharecast News) - Activity in euro area factory and services slowed significantly in June, the results of a batch of closely watched surveys revealed. Read More
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US May existing home sales eke past forecasts
Thursday 22 Jun 2023
(Sharecast News) - Sales of second hand homes in the States were little changed last month, a leading business lobby group said. Read More
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US unemployment claims were steady during latest week
Thursday 22 Jun 2023
(Sharecast News) - There was scant change in the degree of tightness in the US jobs market last week. Read More
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Swiss central bank ups interest rates, strikes hawkish tone
Thursday 22 Jun 2023
(Sharecast News) - The Swiss National Bank increased the cost of borrowing for the fifth time on Thursday, as it looked to get inflation under control. Read More
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Norges Bank hikes rates by 50 basis points
Thursday 22 Jun 2023
(Sharecast News) - Norway's central bank hiked interest rates on Thursday by 50 basis points 3.75% as it looks to tackle inflation. Read More
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Bitcoin recaptures $30,000 thanks to a series of good news
Thursday 22 Jun 2023
(Sharecast News) - Bitcoin has recaptured the $30,000 mark (+4.9%, $30,237) thanks to a series of positive news that has managed to counteract the unfavorable information that has penalized it in rece... Read More
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Fed's Powell reiterates nearly all FOMC members expect 'somewhat' more rate hikes
Wednesday 21 Jun 2023
(Sharecast News) - The head of the US central bank reiterated that the Federal Reserve remained "squarely focused" on its dual mandate of maximum employment and stable prices. Read More
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Bitcoin soars and touches $29,000; "Everyone is talking about it once again"
Wednesday 21 Jun 2023
(Sharecast News) - Bitcoin is one of the main events of Wednesday´s session, as it rises strongly and is close to $29,000 (+7.9%, $28,935). After living some complicated days, marked by the action of ... Read More
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US housing starts jump past forecasts in May
Tuesday 20 Jun 2023
(Sharecast News) - New home construction easily outpaced economists' forecasts for last month, but some economists were wary. Read More
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German producer price gains ebb in June
Tuesday 20 Jun 2023
(Sharecast News) - Factory gate prices in the single currency area's largest economy dropped last month. Read More
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Euro area construction output shrinks in April
Tuesday 20 Jun 2023
(Sharecast News) - Construction output in the single currency bloc shrank in April, despite rebounds in France and Germany. Read More
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Bitcoin trades with gains as it tries to reach $27,000
Tuesday 20 Jun 2023
(Sharecast News) - Bitcoin is trading with gains as it tries to reach the $27,000 level. Today, on Tuesday, the main cryptocurrency is moving in the $26,900 zone, which implies a rise of close to 1.5%... Read More
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PBOC cuts two key lending rates
Tuesday 20 Jun 2023
(Sharecast News) - The People's Bank of China cut two key lending rates on Tuesday as it looks to bolster the economy. Read More
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US homebuilder confidence jumps in June, NAHB says
Monday 19 Jun 2023
(Sharecast News) - Homebuilder confidence in the States moved back into positive territory for the first time in 11 months, helped by a dearth of housing inventory and improving supply chain efficienc... Read More
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Bitcoin starts to recover thanks to BlackRock's latest moves
Monday 19 Jun 2023
(Sharecast News) - Bitcoin faced a few difficult days amid the actions of US regulator, SEC, on Binance and Coinbase and their allegedly irregular practices. This caused the cryptoking to suffer, whic... Read More
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