Commodities News
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US house price growth eases in January
Tuesday 28 Mar 2023
(Sharecast News) - US house price growth eased in January, according to the latest S&P/Case-Shiller national home price index. Read More
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Bitcoin drops below $27,000 after U.S. lawsuit against Binance
Tuesday 28 Mar 2023
(Sharecast News) - Bitcoin cuts positions and falls below $27,000 ($26,968) after U.S. lawsuit against Binance, the world's largest cryptoasset company, as well as its founder and CEO, Changpeng Zhao. Read More
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China industrial profits slump in first two months of 2023
Monday 27 Mar 2023
(Sharecast News) - China's industrial profits slumped in the first two months of the year as the effects of Covid curbs continued to take their toll. Read More
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Bitcoin still stuck at 28,000; "The upward momentum is losing some of its charm"
Monday 27 Mar 2023
(Sharecast News) - Bitcoin remains stuck at $28,000 ($27,830) on Monday while fears over the financial crisis fade as things improve in Europe (Deutsche Bank bounces back strongly) and also in the US ... Read More
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German business sentiment improves again in March - Ifo
Monday 27 Mar 2023
(Sharecast News) - German business sentiment unexpectedly improved again in March, according to a survey released on Monday by the Ifo Institute. Read More
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Fed's Bullard says bank stress need not derail economic growth
Friday 24 Mar 2023
(Sharecast News) - A top US central bank official said that stresses in the US financial system could be contained even as the Federal Reserve reined in inflation. Read More
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US private sector activity resurgent in March, S&P Global says
Friday 24 Mar 2023
(Sharecast News) - Economic activity in the US was resurgent in March, rising at its fastest level in almost a year, the results of two surveys revealed. Read More
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US durable goods orders fall 1% in February
Friday 24 Mar 2023
(Sharecast News) - Durable goods orders dropped 1% month-on-month in February, according to the Census Bureau, following an upwardly revised 5% fall in January and well and truly short of market forec... Read More
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Cryptos move lower and Bitcoin tries to maintain $28,000
Friday 24 Mar 2023
(Sharecast News) - Cryptocurrencies are moving lower on Friday with Bitcoin trying to maintain the $28,000 level. So far this year, the quintessential cryptocurrency has soared 70%, prompting calls fo... Read More
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Eurozone economic growth gathers pace in March
Friday 24 Mar 2023
(Sharecast News) - Economic growth in the eurozone continued to gather pace in March, according to a survey released on Friday, underpinned by the service sector as manufacturing stagnated. Read More
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Treasury's Yellen says 'additional actions' would be taken if warranted
Thursday 23 Mar 2023
(Sharecast News) - The head of the US Department of the Treasury believed that extra steps would indeed be taken to stabilise the country's financial system - if necessary. Read More
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Euro area consumer confidence is little changed in March
Thursday 23 Mar 2023
(Sharecast News) - Consumer confidence in the euro area was little changed in March. Read More
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US new home sales grow more slowly than expected in February
Thursday 23 Mar 2023
(Sharecast News) - New home sales in the States grew more slowly than anticipated last month. Read More
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Weekly US jobless claims continue to point to tight jobs market
Thursday 23 Mar 2023
(Sharecast News) - Weekly unemployment claims figures in the US continued to point to a tight jobs market. Read More
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Swiss National Bank hikes rates by 50 basis points
Thursday 23 Mar 2023
(Sharecast News) - The Swiss National Bank hiked its key policy rate on Thursday for the fourth meeting in a row, by 50 basis points to 1.50%, in line with consensus expectations. Read More
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Bitcoin loses $28,000 after the Fed and SEC action on Coinbase
Thursday 23 Mar 2023
(Sharecast News) - There´s been a downward turn for cryptocurrencies. Bitcoin (BTC) drops 1.5% in the last 24 hours and loses $28,000, while Ethereum (ETH) retreats more than 2% and heads towards $1,7... Read More
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US Treasury not looking to expand deposit insurance programme, Yellen says
Wednesday 22 Mar 2023
(Sharecast News) - The head of the US Department of the Treasury said that her agency had not looked at expanding the country's deposit insurance programme, although in individual cases that was a pos... Read More
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Fed says 'some additional policy firming may be appropriate', hikes by 25bp
Wednesday 22 Mar 2023
(Sharecast News) - Policymakers at the Federal Reserve went ahead and hiked interest rates as expected. Read More
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ECB's Lagarde says medium-term 2.0% inflation goal is non-negotiable
Wednesday 22 Mar 2023
(Sharecast News) - The head of the European Central Bank said that the monetary authority's goal of returning of inflation back to 2% over the medium-term was "non-negotiable". Read More
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Bitcoin holds $28,000 as it awaits Powell and the Fed
Wednesday 22 Mar 2023
(Sharecast News) - There´s calm in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) are trading slightly down in the last hours after accumulating gains of around 2% and 3%, respectively, i... Read More
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