Commodities News
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EU new car registrations fall in December as EV sales sink
Thursday 18 Jan 2024
(Sharecast News) - Car sales in Europe fell year-on-year in December after 16 straight months of growth with new battery-electric car sales declining for the first time since the onset of the Covid pa... Read More
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US housing starts and building permits beat estimates
Thursday 18 Jan 2024
(Sharecast News) - US housing starts in the US fell less than expected in December while building permits rose strongly, according to data released on Thursday by the Census Bureau. Read More
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US jobless claims fall by 16,000
Thursday 18 Jan 2024
(Sharecast News) - Americans lined up for state assistance at a decelerated pace in the week ended 18 January, according to the Labor Department. Read More
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Eurozone construction registers steepest annual drop in nearly three years
Thursday 18 Jan 2024
(Sharecast News) - Construction output in the eurozone fell again in November, registering its biggest annual drop in nearly three years, according to data released on Thursday by Eurostat. Read More
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NAHB housing market index rises to 44 in January
Wednesday 17 Jan 2024
(Sharecast News) - The National Association of Housebuilders' housing market index rose to 44 in January, up from 37 in the previous month, extending its rebound from a low touched in November and fir... Read More
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US retail sales jump 0.6% in December
Wednesday 17 Jan 2024
(Sharecast News) - US retail sales soared 0.6% month-on-month in December, according to the Census Bureau, beating forecasts of 0.4% for the biggest increase in three months. Read More
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Eurozone inflation rises, but downward trend expected to resume
Wednesday 17 Jan 2024
(Sharecast News) - The sharp pick-up in eurozone inflation in December was confirmed on Wednesday, according to final estimates from Eurostat, but forecasts suggests price pressures will ease signific... Read More
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China GDP just misses estimates, population falls again
Wednesday 17 Jan 2024
(Sharecast News) - China's economy continued to struggle at the end of last year as it recorded another decline in population and fourth-quarter gross domestic product expanded at 5.2%, just missing e... Read More
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Empire State manufacturing index plummets in January
Tuesday 16 Jan 2024
(Sharecast News) - The New York Empire State manufacturing index fell to -43.7 in January, according to the Federal Reserve, the lowest reading since May 2020, pointing to a sharp drop in manufacturin... Read More
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German investor sentiment improves in January - ZEW
Tuesday 16 Jan 2024
(Sharecast News) - German business sentiment improved in January, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German inflation confirmed at 3.8% in December
Tuesday 16 Jan 2024
(Sharecast News) - German inflation rose in December to 3.8%, in line with preliminary data, the federal statistics office said on Tuesday. Read More
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EZ industrial production falls in November
Monday 15 Jan 2024
(Sharecast News) - Eurozone industrial production fell 0.3% in November on a monthly basis, as the single currency bloc continued to struggle amid inflationary pressures, according to official data pu... Read More
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German GDP shrinks by 0.3% in 2023
Monday 15 Jan 2024
(Sharecast News) - The German economy contracted in 2023 as price pressures impacted economic activity, according to the first calculations of the Destatis, the country's federal statistical office. Read More
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PBOC leaves medium-term loan rate unchanged
Monday 15 Jan 2024
(Sharecast News) - The People's Bank of China surprised markets on Monday by keeping its one-year medium-term lending facility on hold at 2.5%. Read More
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US producer prices fell for third straight month in December
Friday 12 Jan 2024
(Sharecast News) - US producer prices unexpectedly fell for the third consecutive month in December which will likely ease some concerns of inflationary pressures after a stronger-than-expected readin... Read More
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China CPI improves slightly but still in deflation
Friday 12 Jan 2024
(Sharecast News) - Consumer prices in China improved slightly but were still deflationary for the third consecutive month in December, as the recovery in the world's second biggest economy continued t... Read More
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US jobless claims slow in first week of 2024
Thursday 11 Jan 2024
(Sharecast News) - Americans filed claims for state benefits at a decelerated clip in the week ended 6 January, according to the Labor Department, hitting their lowest level since October. Read More
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Amazon fails to offer remedies to EU concerns over iRobot acquisition
Thursday 11 Jan 2024
(Sharecast News) - Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1.4bn acquisition of... Read More
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US consumer price inflation rises more than expected in December
Thursday 11 Jan 2024
(Sharecast News) - US consumer price inflation rose more than expected in December, according to figures released on Thursday by the Labor Department. Read More
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US mortgage applications rise 9.9%
Wednesday 10 Jan 2024
(Sharecast News) - Mortgage application volume rose 9.9% in the week ended 5 January, according to the Mortgage Bankers Association, the biggest increase in a year. Read More
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