Commodities News
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Empire State index retreats slightly in July
Monday 17 Jul 2023
(Sharecast News) - Factory sector activity in the jurisdiction of the Federal Reserve Bank of New York softened a tad less than expected in July. Read More
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EU to probe Microsoft's bundling of Teams with Office
Monday 17 Jul 2023
(Sharecast News) - Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels... Read More
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Few movements in cryptos; experts anticipate a calm week
Monday 17 Jul 2023
(Sharecast News) - Few movements in cryptocurrencies. Bitcoin (BTC) trades cautiously at $30,200, while Ethereum (ETH) has risen moderately at $1,930. Read More
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China Q2 GDP misses expectations
Monday 17 Jul 2023
(Sharecast News) - China's second-quarter gross domestic product grew by 6.3% year on year, missing expectations, according to official data published on Monday. Read More
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US import prices were little changed in June
Friday 14 Jul 2023
(Sharecast News) - The cost of imported goods was little changed in June. Read More
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Consumer confidence jumps as inflation cools, jobs stable, University of Michigan says
Friday 14 Jul 2023
(Sharecast News) - Consumer sentiment in the U.S. hit a nearly two-year high in July, the results of a closely followed survey revealed. Read More
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EZ trade deficit slashed in May
Friday 14 Jul 2023
(Sharecast News) - The eurozone almost wiped out its trade deficit in May, according to data published on Friday, as exports of chemicals and machinery picked up imported energy products fell. Read More
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Fed's Waller calls for two more rate hikes, perhaps one
Friday 14 Jul 2023
(Sharecast News) - One of the U.S. Federal Reserve's top officials called for two more interest rate hikes before the end of the year. Read More
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Friday preview: U.S. Q2 bank results, consumer confidence in the spotlight
Friday 14 Jul 2023
(Sharecast News) - Investors' attention at the end of the week would be trained be on quarterly results due out from U.S. banking heavyweights Citigroup, J.P.Morgan, and Wells Fargo. Read More
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Cryptos soar after Ripple's partial victory against the SEC
Friday 14 Jul 2023
(Sharecast News) - There´s a revolution in the cryptocurrency market. Bitcoin (BTC) rebounds 3% to $31,300, while Ethereum (ETH) rises 7% and climbs to $2,000. The market's market capitalization has s... Read More
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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US initial jobless claims unexpectedly fall
Thursday 13 Jul 2023
(Sharecast News) - The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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IEA trims global oil demand forecasts
Thursday 13 Jul 2023
(Sharecast News) - The International Energy Agency trimmed its forecasts for global oil demand on Thursday, on the back of "persistent" macroeconomic headwinds. Read More
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Eurozone industrial production ticks higher
Thursday 13 Jul 2023
(Sharecast News) - Industrial production across the Eurozone nudged higher in May, official data showed on Thursday. Read More
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Cryptos ignore the US CPI; Bitcoin moves away from $31,000
Thursday 13 Jul 2023
(Sharecast News) - The cryptocurrency market falls on Thursday. Bitcoin (BTC) has dropped 1% and stands at $30,400, sensibly far from $31,000, while Ethereum (ETH) retreats 0.9% to $1,870 after touchi... Read More
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Chinese export growth undershoots in June, but import volumes hold up
Thursday 13 Jul 2023
(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged. Read More
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US CPI gains slow further in June
Wednesday 12 Jul 2023
(Sharecast News) - Cost of living increases in the States continued to ebb last month, including at the so-called 'core' level. Read More
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Bank of Canada hikes rates by 25 basis points
Wednesday 12 Jul 2023
(Sharecast News) - The Bank of Canada lifted interest rates on Wednesday by 25 basis points to 5% - the highest level in 22 years. Read More
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