Commodities News
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Fitch cuts U.S. government debt rating from AAA to AA+
Wednesday 02 Aug 2023
(Sharecast News) - Fitch went ahead and downgraded the U.S. government's credit rating overnight, becoming the second agency to do so. Read More
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US job openings, hiring and quits decline
Tuesday 01 Aug 2023
(Sharecast News) - Job openings in the U.S. were little changed in June but hiring and quits declined. Read More
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US manufacturing continued to shrink in July, ISM says
Tuesday 01 Aug 2023
(Sharecast News) - Factory sector activity in the U.S. continued to shrink last month, the results of a closely followed survey showed. Read More
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Cryptos fall; Bitcoin starts August below $29,000
Tuesday 01 Aug 2023
(Sharecast News) - There are falls in the cryptocurrency market. Bitcoin (BTC) drops around 1.6% in the last 24 hours and has lost $29,000, while Ethereum (ETH) retreats around 2% and is dangerously c... Read More
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Euro area CPI inflation ebbs in July, but core prices stuck
Monday 31 Jul 2023
(Sharecast News) - The cost of living in the single currency bloc ebbed in July, but so-called core inflation proved a tad sticky. Read More
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Euro area GDP grows a bit more quickly than expected in Q2
Monday 31 Jul 2023
(Sharecast News) - The euro area's economy expanded a bit more quickly than anticipated during the second quarter. Read More
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Cryptos falter; Bitcoin heads for a negative monthly close
Monday 31 Jul 2023
(Sharecast News) - The cryptocurrency market faces the last session of July, mixed. Bitcoin (BTC) rallies moderately in the last 24 hours and is close to $29,400, while Ethereum (ETH) drops about 0.5%... Read More
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Chinese manufacturing sector contracts again in July
Monday 31 Jul 2023
(Sharecast News) - The Chinese manufacturing sector contracted in July for the fourth month in a row, according to data released on Monday by the National Bureau of Statistics. Read More
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Americans splash out in June but price growth ebbs
Friday 28 Jul 2023
(Sharecast News) - Americans took out from their savings again to finance increased spending at the end of the second quarter. Read More
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U.S. labour costs ebb in second quarter
Friday 28 Jul 2023
(Sharecast News) - The cost of labour in the States ebbed during the second quarter. Read More
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U.S. consumer confidence jumps in July, price expectations little changed
Friday 28 Jul 2023
(Sharecast News) - The American consumer grew more confident in July, the results of a closely followed survey revealed. Read More
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Cryptos fall again; Bitcoin drops 4% in July
Friday 28 Jul 2023
(Sharecast News) - Cryptocurrencies are back in the red. Bitcoin (BTC) lost positions, around 1%, and has dropped to $29,200, while Ethereum (ETH) has fallen 0.9% and moved away from $1,900. Read More
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German economy stagnates in second quarter
Friday 28 Jul 2023
(Sharecast News) - The German economy stagnated in the three months to June, according to figures released by Destatis on Friday. Read More
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Bank of Japan makes shock change to bond yield policy
Friday 28 Jul 2023
(Sharecast News) - The Bank of Japan on Friday maintained negative interest rates but said it would now allow "greater flexibility" in its target range for 10-year government bond yields. Read More
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Europe to probe Microsoft's bundling of Teams with Office 365
Thursday 27 Jul 2023
(Sharecast News) - The European Commission opened a formal investigation into Microsoft on Thursday, to assess whether the tech giant had violated EU competition rules. Read More
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US durable goods orders surge in June, driven by Boeing
Thursday 27 Jul 2023
(Sharecast News) - Orders for goods made to last for more than three years surged last month, driven by orders for civilian jets. Read More
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Weekly US jobless claims slip lower by surprise
Thursday 27 Jul 2023
(Sharecast News) - The U.S. jobs market tightened slightly during the previous week, contrary to expectations. Read More
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ECB says inflation still set to remain too high for too long
Thursday 27 Jul 2023
(Sharecast News) - The European Central Bank raised interest rates as expected, but judged that inflation was still set to remain too high for too long. Read More
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US goods trade deficit fall by more than expected in June
Thursday 27 Jul 2023
(Sharecast News) - America's shortfall on trade in goods with the rest of the world narrowed by slightly more than expected last month. Read More
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US GDP grows 2.4% in second quarter, slightly ahead of forecasts
Thursday 27 Jul 2023
(Sharecast News) - America's economy expanded a bit more quickly than anticipated over the second quarter. Read More
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