Commodities News
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Cryptos plummet; Bitcoin loses $29,000 and Ethereum falls below $2,000
Thursday 20 Apr 2023
(Sharecast News) - Surprise in the cryptocurrency market. Bitcoin (BTC) plummets about 4% in the last 24 hours and falls below $29,000. The drop is sharper in Ethereum (ETH): it falls more than 5%, lo... Read More
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China keeps key lending rates steady
Thursday 20 Apr 2023
(Sharecast News) - China held key lending rates steady as expected on Thursday, with its one-year Loan Prime Rate (LPR) left at 3.65%, while the five-year LPR, used to determine mortgage rates, mainta... Read More
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Construction output strengthens in Eurozone
Wednesday 19 Apr 2023
(Sharecast News) - The Eurozone's construction sector strengthened in February, official data showed on Wednesday. Read More
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EZ headline inflation falls, but core rate rises
Wednesday 19 Apr 2023
(Sharecast News) - Eurozone inflation fell sharply in line with expectations in March to 6.9% from from 8.5% as energy prices fell, although core inflation rose slightly. Read More
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Cryptos slowdown; Bitcoin consolidates at $30,000
Wednesday 19 Apr 2023
(Sharecast News) - There´s a slowdown in the cryptocurrency market. Bitcoin (BTC) loses $30,000 once more and Ethereum (ETH), after several days at a high, falls back to slightly below $2,100. Read More
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Fed's Bullard calls for rates to rise to 5.5-5.75% - Reuters
Tuesday 18 Apr 2023
(Sharecast News) - A top US central bank official said that the Fed funds rate should rise to 5.5-5.75%. Read More
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US homebuilding activity slows as expected in March
Tuesday 18 Apr 2023
(Sharecast News) - US homebuilding activity slowed roughly as expected last month, although they underlying details of the latest data were better. Read More
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ZEW economic sentiment index for Germany drops unexpectedly in April
Tuesday 18 Apr 2023
(Sharecast News) - Analysts' confidence in the German economy fell back unexpectedly in April, the results of a closely followed survey revealed. Read More
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Bitcoin takes a breather as Ethereum continues to rise and surpasses $2,100
Tuesday 18 Apr 2023
(Sharecast News) - The cryptocurrency market is mixed. Bitcoin (BTC) is taking a breather in the last 24 hours and drops around 0.7%, which has led the queen cryptocurrency to trade as low as $29,300 ... Read More
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Chinese Q1 GDP growth beats forecasts
Tuesday 18 Apr 2023
(Sharecast News) - Economic activity in the People's Republic of China accelerated by more than expected at the start of 2023, leading some economists to bump up their forecasts for full-year growth. Read More
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US housing market index rises for fourth straight month
Monday 17 Apr 2023
(Sharecast News) - The National Association of Home Builders/Wells Fargo US housing market index increased to 45 in April, a fourth straight month of growth and the highest level seen since September ... Read More
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Morgan Stanley's Mike Wilson cautious on outlook for S&P 500 earnings
Monday 17 Apr 2023
(Sharecast News) - Morgan Stanley strategist Mike Wilson cautioned clients that large-cap stock market indices were exposed to the risk of sudden falls as seen in the regional bank index and in small ... Read More
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US Empire State manufacturing index jumps in April
Monday 17 Apr 2023
(Sharecast News) - Factory sector activity in the Federal Reserve Bank of New York's district improved sharply in April, the results of a survey revealed. Read More
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G7 Russian and Australia to keep Russian oil price cap at $60 per barrel
Monday 17 Apr 2023
(Sharecast News) - G7 countries and Australia decided to maintain the current $60 a barrel price cap for seaborne crude oil supplies from Russia. Read More
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ECB's Kazaks says 25bp rate hike possible in May
Monday 17 Apr 2023
(Sharecast News) - A top European Central Bank official left the door open to a downshift in the pace of interest rate hikes. Read More
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Cryptos slow down; Ethereum optimism after Shanghai upgrade´s completed
Monday 17 Apr 2023
(Sharecast News) - The cryptocurrency market starts the week with cold feet. Bitcoin (BTC) has lost more than 1% in the last 24 hours and is back below $30,000. For its part, Ethereum (ETH) is practic... Read More
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Consumer sentiment steady in mid-April but inflation expectations jump, University of Michigan says
Friday 14 Apr 2023
(Sharecast News) - Consumer sentiment in the US was little changed even as inflation expectations moved up sharply, the results of a closely followed survey revealed. Read More
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US March retail sales drop twice as fast as forecast
Friday 14 Apr 2023
(Sharecast News) - Retail sales volumes shrank twice as fast as expected last month amid broad-based softness by categories. Read More
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US industrial production grows a bit more quickly than expected in March
Friday 14 Apr 2023
(Sharecast News) - US industrial production grew a bit more quickly than expected last month. Read More
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J.P. Morgan posts record revenues, shares fly
Friday 14 Apr 2023
(Sharecast News) - J.P.Morgan shares jumped in trading before the opening bell on Wall Street after the banking heavyweight handily beat estimates on the Street for its first quarter results. Read More
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