Commodities News
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Eurozone industrial production edges lower, misses forecasts
Thursday 13 Jun 2024
(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday. Read More
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ECB's De Guindos says direction of rates 'clear', but cautious in near-term
Wednesday 12 Jun 2024
(Sharecast News) - Luis de Guindos at the European Central Bank expressed confidence that interest rates were headed lower still, but perhaps more slowly than anticipated. Read More
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US CPI undershoots forecasts in May
Wednesday 12 Jun 2024
(Sharecast News) - The cost of living in the States was unchanged last month, leading markets to price in higher odds of a rate cut in September. Read More
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Starling sees profits surge, flags rise in bad loans
Wednesday 12 Jun 2024
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions Read More
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US mortgage applications surge as Treasury yields fall
Wednesday 12 Jun 2024
(Sharecast News) - US mortgage applications soared 15.6% in the week ended 7 June, according to the Mortgage Bankers Association of America, rebounding from a 5.2% drop in the previous week and erasin... Read More
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EU to slap tariff of up to 38pc on Chinese EVs
Wednesday 12 Jun 2024
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and r... Read More
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China inflation nudges higher, narrowly misses forecasts
Wednesday 12 Jun 2024
(Sharecast News) - Inflation in China nudged marginally higher in May, official data showed on Wednesday, while producer prices eased. Read More
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German annual inflation confirmed at 2.8% in May
Wednesday 12 Jun 2024
(Sharecast News) - The final reading of Germany inflation for May confirmed that annual price growth had picked up to a four-month high, with numbers in line with the preliminary estimate released two... Read More
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Euro 2024 expected to give retailers a big boost, BRC poll shows
Wednesday 12 Jun 2024
(Sharecast News) - This summer's EUFA European Championship is expected to give UK retailers a big boost, according to a poll released on Wednesday by the British Retail Consortium. Read More
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OPEC keeps global oil demand forecasts unchanged
Tuesday 11 Jun 2024
(Sharecast News) - The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged. Read More
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Senior Hamas official says UN ceasefire proposal has been accepted
Tuesday 11 Jun 2024
(Sharecast News) - A senior official from Palestinian terrorist group Hamas reportedly said the organisation had accepted the ceasefire resolution that had been approved the night before by the UN Sec... Read More
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US small business optimism rises, but so does uncertainty
Tuesday 11 Jun 2024
(Sharecast News) - Small business optimism in the United States rose to a five-month peak in May, but uncertainty was at its highest levels in three and a half years, according to the National Federat... Read More
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French snap elections are 'credit negative', warns Moody's
Tuesday 11 Jun 2024
(Sharecast News) - Credit ratings agency Moody's has said that president Emmanuel Macron's decision to call for a snap election is credit negative for the French economy and increases upside risks to ... Read More
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Eurozone investor confidence at highest in two years
Monday 10 Jun 2024
(Sharecast News) - Investor confidence in the eurozone turned positive in June, with the Sentix Economic Index rising for the eight month in a row. Read More
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US non-farm payrolls and hourly earnings outpace forecasts in May
Friday 07 Jun 2024
(Sharecast News) - Hiring and wage growth in the US outpaced forecasts by a very wide margin in May. Read More
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Eurozone GDP and employment show moderate growth in Q1
Friday 07 Jun 2024
(Sharecast News) - Final estimates for first-quarter economic and jobs data in the eurozone were in line with preliminary estimates on Friday, with both showing a moderate expansion on the preceding t... Read More
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German economy improving but inflation remains 'stubborn' - Bundesbank
Friday 07 Jun 2024
(Sharecast News) - The German economy is gaining momentum after two years of weakness, the Bundesbank said on Friday, despite "stubborn" inflation. Read More
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German industrial production unexpectedly falls, exports tick higher
Friday 07 Jun 2024
(Sharecast News) - German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint. Read More
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German industrial production unexpectedly falls, exports tick higher
Friday 07 Jun 2024
(Sharecast News) - German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint. Read More
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China's trade surplus jumps to four-month high
Friday 07 Jun 2024
(Sharecast News) - China's trade surplus expanded to a three-month high in May as exports rose more than expected. Read More
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