Commodities News
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US PPI comes in hotter than expected in June
Friday 12 Jul 2024
(Sharecast News) - The US producer price index advanced 0.2% in June, according to the Bureau of Labor Statistics, slightly more than the 0.1% increase expected on the Street. Read More
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US jobless claims fall more than forecast to five-week low
Thursday 11 Jul 2024
(Sharecast News) - US jobless claims fell more than forecast last week, with the four-week moving average pulling back for the first time in five weeks. Read More
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US inflation drops to 12-month low in June
Thursday 11 Jul 2024
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department o... Read More
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German June CPI confirmed at 2.2%
Thursday 11 Jul 2024
(Sharecast News) - German inflation was confirmed at 2.2% in June, down from 2.4% in May, the federal statistics agency said on Thursday. Read More
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3M CFO Monish Patolawala resigns
Wednesday 10 Jul 2024
(Sharecast News) - 3M said on Wednesday that president and chief financial officer Monish Patolawala has resigned with effect from 31 July to pursue another opportunity. Read More
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New Zealand holds rates steady but notes easing inflation pressures
Wednesday 10 Jul 2024
(Sharecast News) - New Zealand's central bank kept interest rates steady on Wednesday for the eight straight meeting, but said it was confident inflation would return to its target range over the next... Read More
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China inflation unexpectedly slows to 0.2%
Wednesday 10 Jul 2024
(Sharecast News) - Chinese inflation unexpectedly slowed in June, according to figures from the National Bureau of Statistics on Wednesday, adding to concerns that consumer demand is keeping a lid on ... Read More
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Fed's Powell says 'greater confidence' on falling prices still needed
Tuesday 09 Jul 2024
(Sharecast News) - The head of US central bank told lawmakers again on Tuesday that policymakers needed "greater confidence" that inflation was headed permanently lower before they could interest rate... Read More
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NFIB US small business optimism index rises to 91.5 in June
Tuesday 09 Jul 2024
(Sharecast News) - The National Federation of Independent Business' business optimism index rose to 91.5 in June, up from 90.5 a month earlier, for the highest reading since the start of 2024. Read More
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US small business optimism at six-month high, but still subdued
Tuesday 09 Jul 2024
(Sharecast News) - Small business optimism in the United States rose to its highest level in six months in June, though still remains below its long-term average. Read More
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Eurozone investor morale plunges in July - Sentix
Monday 08 Jul 2024
(Sharecast News) - Investor morale in the eurozone recorded a bigger-than-expected decline in July, according to a survey published on Monday as geopolitical worries hit sentiment. Read More
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German trade surplus widens as imports drop sharply
Monday 08 Jul 2024
(Sharecast News) - Germany's trade surplus widened to its highest level in four months in May as imports dropped significantly, according to data out on Monday from the Federal Statistical Office. Read More
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Bitcoin drops as Mt.Gox starts reimbursing victims of 2014 hack
Friday 05 Jul 2024
(Sharecast News) - Bitcoin prices were attempting to clamber back following a sharp drop overnight after Mt.Gox began repaying some of the investors whose accounts were hacked in 2014. Read More
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US payrolls undershoot forecasts by wide margin on revisions
Friday 05 Jul 2024
(Sharecast News) - Hiring and wage growth in the US eased as expected last month, but after a much faster-than-expected slowdown over the previous two months. Read More
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German industrial production unexpectedly drops
Friday 05 Jul 2024
(Sharecast News) - Industrial production in Germany unexpectedly declined in May, registering its worst contraction in two and a half years, according to data by the Federal Statistical Office. Read More
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Eurozone retail sales inch higher but miss forecasts
Friday 05 Jul 2024
(Sharecast News) - Retail sales in the eurozone rebounded in May after drop the previous month, according to data out on Friday from Eurostat, but rose less than expected. Read More
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Eurozone construction sector sees output slump - PMI
Thursday 04 Jul 2024
(Sharecast News) - The Eurozone's beleaguered construction sector reported another sharp decrease in output in June, a closely-watched survey showed on Thursday. Read More
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German May factory orders in shock fall
Thursday 04 Jul 2024
(Sharecast News) - German factory orders posted a shock fall in May, highlighting the troubles faced by Europe's manufacturing sector. Read More
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US services sector activity shrinks very sharply in June, ISM says
Wednesday 03 Jul 2024
(Sharecast News) - Services sector activity in the US slowed very sharply last month, a closely followed survey showed. Read More
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US job cut announcements drop again in June, Challenger says
Wednesday 03 Jul 2024
(Sharecast News) - Job cut announcements appeared to repeat the pattern observed in 2023, dropping quickly in June, the results of a closely followed survey revealed. Read More
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