Commodities News
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Losses and nervousness for cryptocurrencies, as they await the Fed
Monday 12 Dec 2022
(Sharecast News) - Cryptocurrencies start the week with losses. Bitcoin (BTC), the reigning cryptocurrency, has fallen more than 1% in the last few hours and is once again trading for less than $17,00... Read More
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Preliminary reading of UoM's consumer sentiment index shows unexpected increase in December
Friday 09 Dec 2022
(Sharecast News) - A preliminary reading of the University of Michigan's consumer confidence showed an unexpected jump to 59.1 in December, up from 56.8 in November and beating market forecasts for a ... Read More
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US PPI comes in hotter than expected in November
Friday 09 Dec 2022
(Sharecast News) - US producer prices increased to 140.98 points in November, according to the Bureau of Labor Statistics, up from 140.56 points in October and ahead of forecasts, driven by services a... Read More
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Cryptocurrencies on the rise; Bitcoin reconquers $17,000
Friday 09 Dec 2022
(Sharecast News) - The cryptocurrency market is going to close the week strongly. Bitcoin (BTC) has rallied over 2% in the last 24 hours and is trying to consolidate at $17,200, while Ethereum (ETH) h... Read More
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China consumer price inflation eases in November
Friday 09 Dec 2022
(Sharecast News) - Consumer inflation eased in China in November, according to figures released on Friday. Read More
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US initial jobless claims rise to 230,000
Thursday 08 Dec 2022
(Sharecast News) - Americans filed first-time unemployment claims at an accelerated clip in the week ended 3 December, according to the Labor Department, with initial jobless claims rising by 4,000 to... Read More
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US mortgage applications fall 1.9%
Wednesday 07 Dec 2022
(Sharecast News) - US mortgage applications declined 1.9% in the week ending 2 December, according to the Mortgage Bankers Association of America. Read More
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US mortgage applications fall 1.9%
Wednesday 07 Dec 2022
(Sharecast News) - US mortgage applications declined 1.9% in the week ending 2 December, according to the Mortgage Bankers Association of America. Read More
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China Nov exports, imports fall more than expected
Wednesday 07 Dec 2022
(Sharecast News) - China's dollar-denominated exports in November fell a more than expected 8.7% year on year to $296bn, compared with a decline of 0.3 per cent in October, according to official data ... Read More
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German industrial production falls less than expected in October
Wednesday 07 Dec 2022
(Sharecast News) - German industrial production fell less than expected in October, according to figures released on Wednesday by Destatis. Read More
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US trade deficit widens in October
Tuesday 06 Dec 2022
(Sharecast News) - The US trade deficit widened in October to $78.2bn from $74.1bn in September, according to data released on Tuesday by the Commerce Department. Read More
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EC mulls sanctions on Russia mining industry - report
Tuesday 06 Dec 2022
(Sharecast News) - The European Commission is considering banning new investments in Russia's mining sector, it was reported on Tuesday, as part of a fresh package of sanctions. Read More
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Eurozone construction PMI falls to 43.6 in November
Tuesday 06 Dec 2022
(Sharecast News) - S&P Global's Eurozone construction purchasing managers index fell to 43.6 in November, down from 44.9 in October for a seventh consecutive monthly contraction across the sector. Read More
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German factory orders rise more than expected in October
Tuesday 06 Dec 2022
(Sharecast News) - German factory orders rose more than expected in October, according to figures released on Tuesday by Destatis. Read More
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EZ October retail sales fall 1.8% month-on-month
Monday 05 Dec 2022
(Sharecast News) - Eurozone October retail sales fell 1.8% compared with September, according to data released by the EU on Monday. Read More
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Investor morale strengthens across Eurozone
Monday 05 Dec 2022
(Sharecast News) - Investor sentiment across the Eurozone has strengthened by more than expected, a closely-watched survey found on Monday. Read More
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Cryptocurrencies on the rise; Bitcoin consolidates at $17,000
Monday 05 Dec 2022
(Sharecast News) - The cryptocurrency market starts the week on a good note after a weekend of gains. Bitcoin (BTC) surpasses $17,000 and has rebounded nearly 2% in the last 24 hours, consolidating at... Read More
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Eurozone sliding into recession as output contracts again
Monday 05 Dec 2022
(Sharecast News) - Economic activity in the eurozone contracted in November for the fifth month in a row, suggesting that the bloc is falling into recession, according to a survey released on Monday. Read More
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AG Barr buys Boost drinks brand for up to £32m
Monday 05 Dec 2022
(Sharecast News) - Irn-Bru maker AG Barr said on Monday that it has bought drinks business Boost for up to £32m from founder Simon Gray and his wife Alison. Read More
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China services activity hits six-month low in November - Caixin
Monday 05 Dec 2022
(Sharecast News) - Activity in China's services sector shrank further in November, hitting a six-month low amid Covid restrictions, according to data released on Monday. Read More
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