Commodities News
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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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German business sentiment deteriorates in May - ZEW
Tuesday 16 May 2023
(Sharecast News) - German business sentiment deteriorated much more than expected in May as worries about rate hikes and the US debt ceiling took their toll, according to a survey released on Tuesday ... Read More
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Cryptos fall; Bitcoin tests important supports
Tuesday 16 May 2023
(Sharecast News) - Few movements in cryptocurrencies. Bitcoin (BTC) is around $27,200 after dropping 0.6% in the last 24 hours and Ethereum (ETH) is around $1,8000 after falling 0.4% in the last day. Read More
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China slowdown fears as ind production, retail sales miss forecasts
Tuesday 16 May 2023
(Sharecast News) - Chinese industrial production and retail sales both grew less than expected, according to official data, fuelling worries that the post-Covid rebound expected to drive the global ec... Read More
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NY Fed factory index drops sharply in May
Monday 15 May 2023
(Sharecast News) - Factory sector activity in and around the state of New York worsened sharply in May, the results of a closely followed survey revealed. Read More
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Brussels raises inflation forecasts
Monday 15 May 2023
(Sharecast News) - Brussels lifted its annual inflation forecasts on Monday, on the back of "persistent" pricing pressures. Read More
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Eurozone industrial production slumps
Monday 15 May 2023
(Sharecast News) - Industrial production fell sharply in the Eurozone in March, official data showed on Monday, missing forecasts for a far smaller decline. Read More
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US consumer sentiment hit in May by worries about economy, debt ceiling
Friday 12 May 2023
(Sharecast News) - Concerns about the economy, including around the debt ceiling standoff, hit consumer sentiment in the US in May, the results of a closely followed survey revealed. Read More
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US import prices rise in April for first time in 2023
Friday 12 May 2023
(Sharecast News) - US import prices rose in April for the first time in 2023 as fuel import costs rose. Read More
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Cryptos suffer from fears of market illiquidity
Friday 12 May 2023
(Sharecast News) - Sharp falls in the cryptocurrency market. Bitcoin (BTC) has dropped 4% in the last 24 hours and falls below $26,500, while Ethereum (ETH) drops another 4% and falls to $1,760. Both ... Read More
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US jobless claims rise more than expected
Thursday 11 May 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose more than expected last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices rise at slowest pace since January 2021
Thursday 11 May 2023
(Sharecast News) - US producer prices rose at their slowest pace in April since January 2021, according to data released on Thursday by the Bureau of Labor Statistics. Read More
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Cryptos turn bearish; is Bitcoin headed for $25,000?
Thursday 11 May 2023
(Sharecast News) - The cryptocurrency market turns bearish. Bitcoin (BTC) starts the day flat at $27,500 after dropping 0.3% in the last 24 hours, as does Ethereum (ETH): the largest altcoin in the ma... Read More
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China inflation falls to lowest rate in more than two years
Thursday 11 May 2023
(Sharecast News) - Consumer inflation in China dropped to its lowest rate in more than two years in April, while producer price deflation deepened further, according to data released on Thursday. Read More
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US CPI rises as expected in April, up by 0.4%
Wednesday 10 May 2023
(Sharecast News) - The cost of living in the US rose as expected in April, hitting a two-year low in the process. Read More
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ECB's Nagel says interest rate hikes coming to final stretch
Wednesday 10 May 2023
(Sharecast News) - The European Central Banks' tightening campaign was entering its final phase, the head of the Bundesbank said. Read More
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German inflation nudges lower in April
Wednesday 10 May 2023
(Sharecast News) - German inflation edged lower in April, official data confirmed on Wednesday, although high food prices kept it from falling further. Read More
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Cryptos await US CPI; Bitcoin at $27,600
Wednesday 10 May 2023
(Sharecast News) - There´s been little change in the cryptocurrency market. Bitcoin (BTC) has risen around 0.3% in the last 24 hours, although it has slowed its climb to $27,600. Ethereum (ETH), has s... Read More
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US small business confidence dips a bit more than expected in April, NFIB says
Tuesday 09 May 2023
(Sharecast News) - A closely followed gauge of small business sentiment plumbed a 10-year low last month as confidence in the economic outlook, as well for sales and earnings waned. Read More
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Microsoft's LinkedIn to cut more than 700 workers
Tuesday 09 May 2023
(Sharecast News) - Microsoft subsidiary LinkedIn announced that it would be reducing its workforce by more than 700, becoming the latest US technology name to make layoffs. Read More
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