Commodities News
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Cryptos continue to fall; Bitcoin loses $28,000
Tuesday 09 May 2023
(Sharecast News) - Cryptos post sharper declines and extend Monday's pullback. Bitcoin (BTC) has dropped another 2% in the last 24 hours and falls below $28,000 to the $27,500 level. Meanwhile, Ethere... Read More
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China April export growth slows, imports fall in mixed data
Tuesday 09 May 2023
(Sharecast News) - China reported better-than-expected exports in April, although growth slowed, while imports fell again, according to data released on Tuesday. Read More
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Bitcoin and Ethereum fall sharply after Binance scare
Monday 08 May 2023
(Sharecast News) - Cryptocurrencies face a major downward turn. Bitcoin (BTC) has fallen more than 2% in the last 24 hours to around $28,200, while Ethereum (ETH) has dropped another 2% and is close t... Read More
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US non-farm payrolls beat expectations in April
Friday 05 May 2023
(Sharecast News) - The US economy created more jobs than expected last month, according to figures released on Friday by the Bureau of Labor Statistics. Read More
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Eurozone retail sales fall 3.8% in March
Friday 05 May 2023
(Sharecast News) - Retail sales in the eurozone fell by 3.8% in March and an annual basis, worse than the 3.1% forecast as the cost-of-living crisis continues to hit consumer spending power, according... Read More
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Little movement in cryptos after Fed and ECB; Bitcoin at $29,100
Friday 05 May 2023
(Sharecast News) - Little movement in the cryptocurrency market. Bitcoin (BTC) is retreating slightly, although it remains above $29,100, while Ethereum (ETH) is virtually flat and trying to hold $1,9... Read More
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German factory orders tumble
Friday 05 May 2023
(Sharecast News) - German factory orders plunged in March, official data showed on Friday, missing expectations and reversing previous gains. Read More
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China's services sector grows a little less than expected in April
Friday 05 May 2023
(Sharecast News) - Growth in China's services sector was a little weaker than expected in April, according to figures released on Friday. Read More
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US open: Stocks dragged lower by losses for bank index
Thursday 04 May 2023
(Sharecast News) - Wall Street's main stock market gauges got off to a weak start on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve the night before. Read More
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Weekly US jobless claims rise by slightly more than anticipated
Thursday 04 May 2023
(Sharecast News) - US jobless claims rose moderately during the preceding week. Read More
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US Q1 unit labour costs jump past forecasts
Thursday 04 May 2023
(Sharecast News) - An important measure of price pressures emanating from the jobs market jumped past forecasts in the US at the start of 2023. Read More
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ECB hikes by 25bp says inflation outlook remains 'too high for too long'
Thursday 04 May 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long. Read More
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Bitcoin recovers $29,000, boosted by the Fed and PacWest´s fall
Thursday 04 May 2023
(Sharecast News) - Cryptocurrencies are rising on Thursday after the latest Federal Reserve (Fed) rate hike. Bitcoin (BTC) and Ethereum (ETH) have rebounded around 1.5% in the last 24 hours and are ab... Read More
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Euro area producer prices fall in March as energy prices continue to retreat
Thursday 04 May 2023
(Sharecast News) - Factory gate prices in the euro area fell back by more than expected at the end of the first quarter, amid a decline in energy prices. Read More
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Eurozone activity accelerates less than initially thought in April, S&P says
Thursday 04 May 2023
(Sharecast News) - Economic activity in the single currency bloc accelerated by less than previously thought, the results of a closely followed survey revealed. Read More
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German exports fall sharply in March
Thursday 04 May 2023
(Sharecast News) - German exports and imports fell by more than expected in March, official data showed on Thursday. Read More
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China factory activity contracts in April - Caixin PMI
Thursday 04 May 2023
(Sharecast News) - Chinese factory activity slipped in April, according to survey data released on Thursday. Read More
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Fed hikes 25bp, opens door to possibility of a pause
Wednesday 03 May 2023
(Sharecast News) - The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle. Read More
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US services sector activity strengthens a bit in April, ISM says
Wednesday 03 May 2023
(Sharecast News) - Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed. Read More
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US services sector activity strengthens in April, S&P Global says
Wednesday 03 May 2023
(Sharecast News) - America's services sector strengthened last month, roughly as expected, the results of a survey revealed. Read More
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