Commodities News
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US initial jobless claims drop to lowest level in almost three months
Thursday 15 Dec 2022
(Sharecast News) - US first-time unemployment claims fell by 20,000 in the week ended 10 December, dropping to 211,000 - the lowest level since the end of September and well below market expectations ... Read More
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US Philly Fed index rebounds a bit less than expected in December
Thursday 15 Dec 2022
(Sharecast News) - Factory activity in the US mid-Atlantic region continued to shrink at the end of 2022, albeit at a slower clip, the results of a closely followed survey revealed. Read More
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ECB lifts rates by 50 basis points; outlook hawkish
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank hiked interest rates on Thursday by 50 basis points, as expected, in the face of surging inflation. Read More
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EU new car registrations rise again in November
Thursday 15 Dec 2022
(Sharecast News) - Europe's passenger car market saw another "strong uplift" in November, according to industry data released on Thursday, with passenger car registrations rising for the fourth consec... Read More
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Cryptocurrencies turn downward after Fed meeting; Bitcoin loses $18,000
Thursday 15 Dec 2022
(Sharecast News) - There´s been a downward turn for cryptocurrencies. Bitcoin (BTC) falls about 0.5% in the last 24 hours and abandons the $18,000 level once again, while Ethereum (ETH) also fails to ... Read More
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Norway central bank lifts rates by 25 basis points
Thursday 15 Dec 2022
(Sharecast News) - Norway's central bank lifted its benchmark interest rate on Thursday by 25 basis points to 2.75%, as expected. Read More
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SNB hikes rates by 50 basis points
Thursday 15 Dec 2022
(Sharecast News) - The Swiss National Bank lifted its key policy rate on Thursday by 50 basis points to 1.00%, in line with expectations. Read More
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China's economy falters as factory output, retail sales fall
Thursday 15 Dec 2022
(Sharecast News) - China's economy continued to struggle in November, official data showed on Thursday, with both industrial production and retail sales missing estimates. Read More
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Federal Reserve hikes rates by 50bp, raises inflation forecasts
Wednesday 14 Dec 2022
(Sharecast News) - Rate-setters in Washington shifted down their pace of interest rate hikes as expected, even as they pushed back on expectations that monetary policy could start to be loosened in th... Read More
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Oil demand set to grow with price spike possible - IEA
Wednesday 14 Dec 2022
(Sharecast News) - Oil-demand was forecast to grow with possible price rises on supply disruption, the International Energy Agency (IEA) said on Wednesday. Read More
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US import prices fall by more than expected in November
Wednesday 14 Dec 2022
(Sharecast News) - The cost of imported goods in America fell by more than expected last month led by a drop in fuel import prices. Read More
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Von der Leyen calls for looser EU state aid rules
Wednesday 14 Dec 2022
(Sharecast News) - The president of the European Commission has called for a relaxation in state aid rules for green tech in response to the US Inflation Reduction Act. Read More
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US mortgage applications rise 3.2%
Wednesday 14 Dec 2022
(Sharecast News) - US mortgage applications rose 3.2% in the week ended 9 December, the first gain in three weeks and the highest increase since September. Read More
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Industrial production falls across Eurozone
Wednesday 14 Dec 2022
(Sharecast News) - Industrial production fell sharply across the Eurozone in October, official data showed on Wednesday. Read More
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Good CPI data boosts cryptos, but Binance's situation is a concern
Wednesday 14 Dec 2022
(Sharecast News) - The cryptocurrency market continues to rise. Bitcoin (BTC) rallies 3.75% in the last 24 hours and tries to reconquer $18,000, a level it hasn´t reached for more than a month, while ... Read More
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US CPI growth slows a bit more than expected in November
Tuesday 13 Dec 2022
(Sharecast News) - The cost of living in the US slowed a bit more quickly than anticipated in November, as energy and used vehicle prices continued to retreat. Read More
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German business sentiment improves in December - ZEW
Tuesday 13 Dec 2022
(Sharecast News) - German business sentiment improved a little in December, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Cryptos gain, focused on the Fed, FTX and the Binance investigation
Tuesday 13 Dec 2022
(Sharecast News) - The cryptocurrency market is experiencing a sensitive rebound in recent hours. The upward momentum has led Bitcoin (BTC) to rise 1.3% and surpass $17,000, while Ethereum (ETH) is re... Read More
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German inflation ticks lower
Tuesday 13 Dec 2022
(Sharecast News) - German inflation nudged lower in November, official data showed on Tuesday, as energy prices softened. Read More
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Announcement of 'major' breakthrough in nuclear fusion expected on Tuesday
Monday 12 Dec 2022
(Sharecast News) - Scientists in the US achieved a net energy gain through a fusion reactor for the first time ever, a potential breakthrough in attempts to harness the limitless source of clean energ... Read More
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