Commodities News
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EC revises objections against Apple payment policies
Tuesday 28 Feb 2023
(Sharecast News) - The European Commission raised revised objections with consumer technology giant Apple on Tuesday, over concerns around its App Store rules for music streaming providers. Read More
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US consumer confidence slips unexpectedly in February, Conference Board says
Tuesday 28 Feb 2023
(Sharecast News) - Consumer confidence slipped back unexpectedly in February as expectations for jobs, incomes and business conditions all soured, the results of a survey found. Read More
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Slight dip in February Chicago PMI
Tuesday 28 Feb 2023
(Sharecast News) - Factory sector activity in the Chicago area slipped a tad in February, although the details were apparently less glum. Read More
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US house prices fall more quickly than expected in January, S&P says
Tuesday 28 Feb 2023
(Sharecast News) - House price gains in the US continued to slow at the end of 2022, the results of two closely followed surveys showed. Read More
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US visible trade deficit increases modestly in January
Tuesday 28 Feb 2023
(Sharecast News) - America's shortfall on trade in goods with the rest of the world increased at the start of 2023. Read More
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Spanish, French inflation rise in February
Tuesday 28 Feb 2023
(Sharecast News) - French and Spanish inflation rose in February, according to preliminary figures released on Tuesday, putting more pressure on the European Central Bank to hike rates. Read More
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Bitcoin and cryptos fall; the market fears a tougher Fed
Tuesday 28 Feb 2023
(Sharecast News) - Bearish turn in the cryptocurrency market. Bitcoin (BTC) falls 0.5% in the last 24 hours and is below $23,300, while Ethereum (ETH) accumulates losses close to 1% and is once again ... Read More
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US pending home sales jump past forecasts in January
Monday 27 Feb 2023
(Sharecast News) - Pending home sales in the US jumped at the start of 2023 thanks to the drop in mortgage rates around the turn of the year. Read More
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US durable goods orders fall by more than expected in January
Monday 27 Feb 2023
(Sharecast News) - Orders for goods made last more than three years shrank by more than expected during the previous month as the surge in jet orders seen at the end of 2022 reversed. Read More
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Eurozone economic sentiment steady in February
Monday 27 Feb 2023
(Sharecast News) - Eurozone economic sentiment was steady in February, according to a survey released on Monday by the European Commission. Read More
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Somewhat pessimistic rises in cryptocurrencies after US inflation figure
Monday 27 Feb 2023
(Sharecast News) - Bullish tone in cryptocurrencies to start the week. Bitcoin (BTC) rallies 1% in the last hours to over $23,400, while Ethereum (ETH) soars 2.2% and remains at $1,600. Read More
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Fed's Mester says 'a little more' needs to be done on rates
Friday 24 Feb 2023
(Sharecast News) - A top US central bank official said a little more remained to be done with interest rates in order for inflation to be brought under control. Read More
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US new home sales rebound unexpectedly in January
Friday 24 Feb 2023
(Sharecast News) - New home selling activity in the US picked up at the start of 2023, but some economists believed the burst of activity would prove short-lived. Read More
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US consumer confidence edges past forecasts in February, University of Michigan says
Friday 24 Feb 2023
(Sharecast News) - Consumer confidence in the US improved for a third consecutive month, boosted by an improved short-run outlook for the economy, the results of a closely followed survey revealed. Read More
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Americans splash out with abandon in January
Friday 24 Feb 2023
(Sharecast News) - American consumers splashed out with abandon at the start of 2023. Read More
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UK unveils fresh round of sanctions against Russia
Friday 24 Feb 2023
(Sharecast News) - The UK government has marked the first anniversary of war in Ukraine by announcing further sanctions against Russia. Read More
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Cryptos face more volatility; Bitcoin falls below $24,000 again
Friday 24 Feb 2023
(Sharecast News) - The volatility in the cryptocurrency market continues. As soon as it rose, Bitcoin (BTC) fell again by a remarkable 2% to stand again below $24,000. Ethereum (ETH), meanwhile, dropp... Read More
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German economy shrinks by more than expected
Friday 24 Feb 2023
(Sharecast News) - The German economy shrunk by more than expected in the last three months of 2022, official data showed on Friday, increasing the prospect of the country falling into recession. Read More
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US Q4 GDP growth revised a tad lower to 2.7%
Thursday 23 Feb 2023
(Sharecast News) - The US economy expanded at a slightly slower pace at the end of 2022 than previously thought, but price pressures were greater. Read More
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Weekly US jobless claims dip
Thursday 23 Feb 2023
(Sharecast News) - The US jobs market remained tight, the latest weekly jobless claims data showed. Read More
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