Commodities News
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Cryptos and Bitcoin rebound after lackluster Fed minutes
Thursday 23 Feb 2023
(Sharecast News) - There´s been yet another turn of events in the cryptocurrency market. Bitcoin (BTC) rises 2% in the last 24 hours and is trying to regain $24,500, while Ethereum (ETH) is experienci... Read More
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Euro area CPI revised a tad higher for January
Thursday 23 Feb 2023
(Sharecast News) - The cost of living in the euro area fell a bit a more slowly at the start of 2023 than previously thought. Read More
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Fed minutes show some division emerging among officials
Thursday 23 Feb 2023
(Sharecast News) - Investor focus was very much on minutes from the Federal Reserve's February meeting late on Wednesday, which showed some division emerging as a number of officials expressed concern... Read More
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Morgan Stanley cuts 2023-24 Brent crude oil price forecasts
Wednesday 22 Feb 2023
(Sharecast News) - Analysts at Morgan Stanley cut their price forecasts for Brent crude oil prices across 2023 and for 2024 on the back of higher-than-expected Russian exports. Read More
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British Steel to announce job losses, closure of coking ovens
Wednesday 22 Feb 2023
(Sharecast News) - British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe. Read More
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German business sentiment improves in February - Ifo
Wednesday 22 Feb 2023
(Sharecast News) - German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute. Read More
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Bitcoin and cryptocurrencies turn bearish, worried about the Fed and the SEC
Wednesday 22 Feb 2023
(Sharecast News) - There´s been a new 180-degree turnaround in the cryptocurrency market. Both Bitcoin (BTC) and Ethereum (ETH) dropped around 3.9% and are heading towards $24,000 and $1,600, respecti... Read More
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German inflation ticks up as expected in January
Wednesday 22 Feb 2023
(Sharecast News) - German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday. Read More
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US existing home sales fall for a twelfth month in a row in January
Tuesday 21 Feb 2023
(Sharecast News) - Home selling activity in the US slowed for a twelfth straight month at the start of 2023. Read More
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US services sector swings back into expansion in February, S&P Global says
Tuesday 21 Feb 2023
(Sharecast News) - Output from America's private sector swung back into expansion unexpectedly in February after a seven-month stretch of declines, the results of two surveys revealed. Read More
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Putin says Russia will continue with tasks set out, pulls out of New START treaty
Tuesday 21 Feb 2023
(Sharecast News) - Far from signalling any openness to a ceasefire, Russian President Vladimir Putin said his country was fighting for its "historic lands" in Ukraine and that Moscow would "fulfill th... Read More
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German business sentiment improves in February - ZEW
Tuesday 21 Feb 2023
(Sharecast News) - German business sentiment improved in February, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Cryptos continue to rise; Bitcoin conquers $25,000
Tuesday 21 Feb 2023
(Sharecast News) - The cryptocurrency market continues on a steady upward path. Bitcoin (BTC) soars nearly 2% in the last 24 hours and settles around $25,000, while Ethereum (ETH) rises 0.4% and is tr... Read More
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Eurozone business growth hits nine-month high
Tuesday 21 Feb 2023
(Sharecast News) - Business growth in the eurozone hit a nine-month high in February, according to a preliminary reading released on Tuesday. Read More
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Euro area consumer confidence improves as expected in February
Monday 20 Feb 2023
(Sharecast News) - Consumer confidence in the single currency block improved for a fifth month in a row in February, but remained well below its long-term average. Read More
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German economic outlook 'somewhat brighter' - Bundesbank
Monday 20 Feb 2023
(Sharecast News) - The outlook for the German economy has brightened slightly, the Bundesbank said on Monday, after energy prices eased. Read More
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China leaves rates unchanged in line with expectations
Monday 20 Feb 2023
(Sharecast News) - The People's Bank of China left its 1-year loan prime rate unchanged for February at 3.65%, the central bank said on Monday. Read More
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Eurozone construction output falls in December
Monday 20 Feb 2023
(Sharecast News) - Eurozone construction output fell in December, mainly due to a sharp slump in Germany, according to data released on Monday by Eurostat. Read More
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Bitcoin tests $25,000 in another Fed-driven week
Monday 20 Feb 2023
(Sharecast News) - Cryptocurrencies start the week with a new bullish turn. Bitcoin (BTC) falls slightly but maintains the level achieved late last Friday and Ethereum (ETH), meanwhile, is trading fla... Read More
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BofA's Hartnett believes Fed's job 'very much unaccomplished'
Friday 17 Feb 2023
(Sharecast News) - BofA's investment strategies believed that the Federal Reserve's job was "very much unaccomplished". Read More
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