Commodities News
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Fed's Harker favours shift towards 25bp rate hikes
Thursday 12 Jan 2023
(Sharecast News) - A top US central bank official joined the camp of those calling for a further downshift in the pace of interest rate hikes to 25 basis points per meeting. Read More
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US jobless claims hit lowest level in more than three months
Thursday 12 Jan 2023
(Sharecast News) - Americans filed unemployment claims at a decelerated clip in the seven days ended 7 January, hitting their lowest level in more than three months. Read More
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France union calls for refinery workers to strike over pensions changes
Thursday 12 Jan 2023
(Sharecast News) - France's CGT trade union on Thursday called for strikes in the refinery sector over plans to raise the state retirement age, while unions representing Paris metro workers said they ... Read More
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Bitcoin recovers to $18,000; investors await the US CPI
Thursday 12 Jan 2023
(Sharecast News) - The cryptocurrency market has rebounded strongly. Bitcoin (BTC) has soared 3.8% in the last 24 hours and is comfortably surpassing the $18,000 mark, thus reaching the highs of a mon... Read More
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China consumer inflation nudges higher
Thursday 12 Jan 2023
(Sharecast News) - Inflation in China pushed higher last month, official data showed on Thursday, driven by rising food prices. Read More
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FAA computer glitch grounds all US flights
Wednesday 11 Jan 2023
(Sharecast News) - All US flights were grounded early on Wednesday as a result of a glitch within the Federal Aviation Administration's computer system. Read More
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US mortgage applications rise 1.2%
Wednesday 11 Jan 2023
(Sharecast News) - Mortgage applications rose 1.2% to kick off 2023, according to the Mortgage Bankers Association of America. Read More
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Cryptocurrencies continue to rise; Bitcoin consolidates at the $17,000 level
Wednesday 11 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down. Bitcoin (BTC) continues its rebound from the beginning of the year and gains 1.4% in the last 24 hours, which allows it to stand at $1... Read More
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US small business optimism slips more than expected in December, NFIB says
Tuesday 10 Jan 2023
(Sharecast News) - Small business confidence in the US fell back to its June lows at the end of 2022, alongside declines in gauges for price pressures and hiring, the results of a survey showed, altho... Read More
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US wholesale inventories rise 1% in November
Tuesday 10 Jan 2023
(Sharecast News) - US wholesale inventories rose 1% month-on-month in November to $933.1bn, according to the Census Bureau, in line with preliminary estimates. Read More
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Fed's Powell says restoring price stability may require unpopular policies
Tuesday 10 Jan 2023
(Sharecast News) - The US central bank will steer clear from taking on responsibilities around designing or supervising more climate-friendly policies, absent a mandate from lawmakers, its head said. Read More
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World Bank downgrades outlook for global economy
Tuesday 10 Jan 2023
(Sharecast News) - A dire outlook for the global economy was issued by the World Bank on Tuesday, with officials warning that the planet's financial health was "on a razor's edge". Read More
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Cryptocurrencies take it easy, as they await Powell´s speech
Tuesday 10 Jan 2023
(Sharecast News) - Cryptocurrencies are taking it easy on Tuesday, a day of widespread market declines. Bitcoin (BTC), the world's largest cryptocurrency, is taking a breather after several days on th... Read More
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Eurozone investor sentiment improves - Sentix
Monday 09 Jan 2023
(Sharecast News) - Investor sentiment in the eurozone improved more than expected in January, according to data released on Monday. Read More
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Cryptocurrencies rise; Bitcoin hikes above $17,000
Monday 09 Jan 2023
(Sharecast News) - The cryptocurrency market has risen notably. Bitcoin (BTC) has increased 1.5% in the last 24 hours and breaks the $17,000 barrier, while Ethereum (ETH), the largest altcoin on the m... Read More
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German industrial production rises touch more than expected
Monday 09 Jan 2023
(Sharecast News) - German industrial production rose a little more than expected in November, according to figures released on Monday by Destatis. Read More
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US services sector shrinks by surprise in December, ISM says
Friday 06 Jan 2023
(Sharecast News) - Services sector activity in the US shrank unexpectedly at the end of 2022, the results of a closely followed survey revealed. Read More
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US non-farm payrolls rise by 223,000 in December
Friday 06 Jan 2023
(Sharecast News) - Hiring in the US was stronger than expected, rising by 223,000 and unemployment surprised to the downside too. Read More
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German factory orders slide, retail sales get a boost
Friday 06 Jan 2023
(Sharecast News) - Fresh manufacturing and retail sales data out of Germany painted a mixed picture on Friday, with factory orders plunging as retailers enjoyed a boost. Read More
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Eurozone inflation eases as energy prices fall
Friday 06 Jan 2023
(Sharecast News) - Eurozone inflation fell more sharply than expected in December as energy prices retreated, according to data released on Friday by Eurostat. Read More
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