Commodities News
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US producer prices dip unexpectedly in February
Wednesday 15 Mar 2023
(Sharecast News) - Wholesale inflation in the US slipped unexpectedly last month as food and services prices fell again. Read More
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US retail sales dip by less than expected in February
Wednesday 15 Mar 2023
(Sharecast News) - Americans barely reined in their spending last month, even after January's splurge. Read More
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NY manufacturing activity deteriorates sharply in March
Wednesday 15 Mar 2023
(Sharecast News) - Manufacturing activity in the New York region deteriorated sharply in March, according to data released on Wednesday. Read More
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EZ industrial production rises 0.7% in January
Wednesday 15 Mar 2023
(Sharecast News) - Eurozone Industrial production increased by 0.7% in January, better than the 0.4% expected, according to data released on Wednesday. Read More
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Cryptos moderate their rebound after the US CPI; Bitcoin tests $25,000
Wednesday 15 Mar 2023
(Sharecast News) - Cryptocurrencies extend Tuesday's gains. Bitcoin (BTC) moderated its gains after surpassing $26,000 and is close to $25,000 on Wednesday. For its part, Ethereum (ETH) rises nearly 2... Read More
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China's economy shows signs of recovery
Wednesday 15 Mar 2023
(Sharecast News) - China's economy strengthened in the first two months of 2023, official data showed on Wednesday, after the end of Covid restrictions boosted consumer spending. Read More
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US CPI slips in February, core price growth ticks down year-on-year
Tuesday 14 Mar 2023
(Sharecast News) - The cost of living in the US continued to ease last month, roughly by about as much as expected last month. Read More
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Radical change for cryptos; Bitcoin soars to over $24,000
Tuesday 14 Mar 2023
(Sharecast News) - There´s been a radical change in the cryptocurrency market. The market's main assets have soared in the last 24 hours, with Bitcoin (BTC) rising around 8% and standing at $24,700. E... Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Week Ahead. SVB, US CPI, ECB in focus
Monday 13 Mar 2023
(Sharecast News) - All eyes over the coming week would be on collapse of venture capital-focused lender SVB in the US and its fallout. Read More
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First Republic plunges in SVB fallout despite fresh funding
Monday 13 Mar 2023
(Sharecast News) - Shares in First Republic Bank were plummeting in early trading on Wall Street on Monday, despite the bank securing a fresh injection of funding over the weekend. Read More
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Cryptos recover losses from Silicon Valley Bank collapse
Monday 13 Mar 2023
(Sharecast News) - Cryptocurrencies recover from losses after the weekend. The digital asset market recovers most of the losses caused by the collapse of Silicon Valley Bank (SVB). Bitcoin (BTC) is ba... Read More
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All SVB and Signature Bank depositors in US to regain access to funds
Monday 13 Mar 2023
(Sharecast News) - America's central bank unveiled a new lending facility to protect all uninsured deposits at US lenders. Read More
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US non-farm payrolls increase by 311,000 in February
Friday 10 Mar 2023
(Sharecast News) - The pace of hiring in the US during the month of February came in ahead of market expectations with solid growth in both the private and public sectors. Read More
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Quite a lot riding on a 'soft' US non-farm payrolls report, BofA says
Friday 10 Mar 2023
(Sharecast News) - Unless the US non-farm payrolls report for February came in "soft", then the "bad crashy vibes" of March were set to worsen, strategists at Bank of America. Read More
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Iran and Saudi Arabia to resume diplomatic relations
Friday 10 Mar 2023
(Sharecast News) - Iran and Saudi Arabia reached an agreement to resume diplomatic relations. Read More
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Bitcoin plummets and loses $20,000 for the first time since mid-January
Friday 10 Mar 2023
(Sharecast News) - Bitcoin plummets (-8%) and loses the $20,000 level, something that has not happened since the middle of last January. The wave of negative news is crushing the crypto and ending the... Read More
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German inflation stabilises in February
Friday 10 Mar 2023
(Sharecast News) - German inflation was unchanged last month, official data showed on Friday, with both energy and food prices remaining high. Read More
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