Commodities News
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IMF lifts Chinese GDP forecasts for 2023 and 2024
Tuesday 07 Nov 2023
(Sharecast News) - The International Monetary Fund has raised its growth outlook for the Chinese economy after recent resilient economic data. Read More
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China's exports slide as imports unexpectedly jump
Tuesday 07 Nov 2023
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside. Read More
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Reserve Bank of Australia ups interest rates
Tuesday 07 Nov 2023
(Sharecast News) - Australia's central bank lifted interest rates to a 12-year high on Tuesday, in response to persistent inflation. Read More
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Eurozone construction sees sharpest drop in 10 months
Tuesday 07 Nov 2023
(Sharecast News) - Eurozone construction activity experienced its most significant decline in 10 months in October, according to fresh survey data released on Tuesday. Read More
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German industrial output drops 1.4% in September
Tuesday 07 Nov 2023
(Sharecast News) - German industrial production dropped much more than expected in September, according to figures out Tuesday from the federal statistics office Destatis. Read More
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Eurozone services PMI contracts as expected in October
Monday 06 Nov 2023
(Sharecast News) - The Eurozone's services sector contracted for the third straight month in October as expected, with final figures released on Monday confirming earlier 'flash' estimates. Read More
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Korean markets surge on reinstatement of short-selling ban
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities. Read More
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German factory orders rise, but revisions paint gloomy outlook
Monday 06 Nov 2023
(Sharecast News) - Factory orders in Germany unexpectedly rose in September, figures from the Deutsche Bundesbank revealed on Monday, though downward revisions to previous data point to a bleak outloo... Read More
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US economy adds fewer jobs than expected in October
Friday 03 Nov 2023
(Sharecast News) - The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics. Read More
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CMA secures data commitments from Amazon and Meta
Friday 03 Nov 2023
(Sharecast News) - The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competiti... Read More
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German exports and imports both weaken in September
Friday 03 Nov 2023
(Sharecast News) - Fresh data on German trade released on Friday underscored the ongoing fragility faced by Europe's top economy, coming in worse than expected. Read More
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China services PMI picks up less than expected
Friday 03 Nov 2023
(Sharecast News) - Activity in China's services sector picked up less than expected in October, according to figures released on Friday. Read More
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US unit labour costs slip in Q3
Thursday 02 Nov 2023
(Sharecast News) - Labour productivity in the States jumped over the three months to September, helping to push labour costs down. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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German unemployment pushes higher
Thursday 02 Nov 2023
(Sharecast News) - The number of people out of work in Germany unexpectedly pushed higher in October, official data showed on Thursday. Read More
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Norway stands pat on interest rates, signals December hike
Thursday 02 Nov 2023
(Sharecast News) - Norway's central bank left interest rates on hold on Thursday, as expected, but signalled a hike was on the cards for December. Read More
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Eurozone factory orders see near-record decline
Thursday 02 Nov 2023
(Sharecast News) - Eurozone manufacturing saw another sharp decline in October, with the HCOB eurozone manufacturing purchasing managers' index (PMI) seeing one of the sharpest drops on record. Read More
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Fed leaves interest rates on hold for second straight meeting
Wednesday 01 Nov 2023
(Sharecast News) - The Federal Reserve has held interest rates steady on Wednesday for the second straight meeting, with chair Jerome Powell saying that policymakers would be patient before making any... Read More
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Chinese manufacturing contracts for third straight month, Caixin PMI shows
Wednesday 01 Nov 2023
(Sharecast News) - China's manufacturing industry contracted in October for the first time in three months, according to the Caixin-sponsored purchasing managers' index released on Wednesday. Read More
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