Commodities News
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Cryptos rebound; Bitcoin, at $27,200 and worried about the debt ceiling
Tuesday 23 May 2023
(Sharecast News) - There´s been a rebound in the cryptocurrency market. Bitcoin (BTC) has currently dropped 0.3%, but has gained nearly 2% in the last 24 hours and is up above $27,200. For its part, E... Read More
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Eurozone growth slows in may - PMI survey
Tuesday 23 May 2023
(Sharecast News) - Eurozone business activity slowed more than expected in May as services slipped slightly and the manufacturing sector slowdown continued, according to initial survey results release... Read More
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Eurozone growth slows in may - PMI survey
Tuesday 23 May 2023
(Sharecast News) - Eurozone business activity slowed more than expected in May as services slipped slightly and the manufacturing sector slowdown continued, according to initial survey results release... Read More
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Fed's Bullard calls for two more 25bp interest rate hikes in 2023
Monday 22 May 2023
(Sharecast News) - A top US central bank official made the case for two more 25 basis point interest rate hikes in 2023. Read More
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EZ March construction output falls 2.4%
Monday 22 May 2023
(Sharecast News) - Construction output in the euro area fell by 2.4% month-on-month in March, compared with a revised 1.7% increase in February, according to official data released by the European Uni... Read More
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Cryptocurrency jitters; Bitcoin could test the $25,000 mark
Monday 22 May 2023
(Sharecast News) - Cryptocurrencies start the week with trepidation. Bitcoin (BTC) has retreated slightly, dropping 0.8% in the last 24 hours and falling below $26,900. For its part, Ethereum (ETH) fo... Read More
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China holds rates for ninth consecutive month
Monday 22 May 2023
(Sharecast News) - China kept its benchmark lending rates unchanged for the ninth month in a row on Monday, in line with forecasts. Read More
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Fed's Powell says no decisions about need for further hikes has been taken
Friday 19 May 2023
(Sharecast News) - The head of the US central bank left the door open to a pause in interest rate hikes at its next policy meeting, even as he noted that inflation from the services sector was persist... Read More
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Republican debt ceiling negotiators walk out of White House meeting
Friday 19 May 2023
(Sharecast News) - Republican lawmakers walked out of negotiations to raise the government debt ceiling at a closed door meeting at the White House. Read More
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Germany producer price rises cool in April
Friday 19 May 2023
(Sharecast News) - Producer prices in Germany saw their smallest year-on-year increase in more than two years in April, according to data released on Friday morning, adding to hopes of cooling eurozon... Read More
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McCarthy says vote on debt ceiling increase or suspension may come during following week
Thursday 18 May 2023
(Sharecast News) - Lawmakers in the US may vote on a deal to lift or suspend the government's debt ceiling as soon as the following week, a top Republican said. Read More
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Fed's Logan doesn´t see enough reasons yet for a rate pause in June
Thursday 18 May 2023
(Sharecast News) - A top US central bank official cast her ballot in favour of a further rate hike at the Federal Reserve's 14 June meeting. Read More
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Weekly US jobless claims drop by more than expected
Thursday 18 May 2023
(Sharecast News) - The number of people filing for jobless claims dropped by more than expected during the previous week. Read More
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Philly Fed index improves by more than expected in May
Thursday 18 May 2023
(Sharecast News) - The slowdown in manufacturing in the US mid-Atlantic region eased by more than expected in May, the results of a closely followed survey showed. Read More
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US housing starts register slight rise in April, permits dip
Wednesday 17 May 2023
(Sharecast News) - Homebuilding activity in the States rose a bit last month, but from a lower than expected base. Read More
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McCarthy expects US government debt default to be avoided
Wednesday 17 May 2023
(Sharecast News) - A top Republican leader voiced confidence that the United States government would avoid a debt default. Read More
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Eurozone inflation reaches 7%
Wednesday 17 May 2023
(Sharecast News) - Eurozone inflation reached 7% in April, official data showed on Wednesday, in line with expectations. Read More
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US retail sales rise by less than expected in April
Tuesday 16 May 2023
(Sharecast News) - American consumers last month resumed their outlays but at a slower than anticipated pace. Read More
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US industrial production edges past forecasts in April, driven by manufacturing
Tuesday 16 May 2023
(Sharecast News) - Industrial production in the States bounced back last month after two months of flat output, driven by a rebound in factory activity. Read More
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Eurozone GDP edges higher in first quarter
Tuesday 16 May 2023
(Sharecast News) - The Eurozone economy grew only marginally in the first quarter, official data showed on Tuesday, in line with expectations. Read More
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