Commodities News
-
Federal Reserve cuts rates by 'timely' 50bp, Bowman dissents
Wednesday 18 Sep 2024
(Sharecast News) - The US central bank surprised markets with a half percentage point interest rate cut. Read More
-
US housing starts surge in August
Wednesday 18 Sep 2024
(Sharecast News) - US housing starts surged 9.6% month-on-month in August to an annualised rate of 1.35m, according to the Census Bureau, beating market expectations for a reading of 1.31m. Read More
-
Eurozone inflation confirmed at 2.2% in August
Wednesday 18 Sep 2024
(Sharecast News) - Inflation in the eurozone fell to 2.2% in August from 2.6% a month earlier and confirming a flash estimate two weeks ago, according to official data published by the European Union ... Read More
-
US industrial production rises more than expected
Tuesday 17 Sep 2024
(Sharecast News) - US industrial production bounced back in August, rising much more than economists had expected, according to data released on Tuesday by the Federal Reserve. Read More
-
US retail sales unexpectedly inch higher
Tuesday 17 Sep 2024
(Sharecast News) - Retail sales unexpectedly rose in August, though growth was only minor suggesting that consumers remained cautious about spending in light of tough economic conditions. Read More
-
German investor sentiment deteriorates more than expected - ZEW
Tuesday 17 Sep 2024
(Sharecast News) - German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
-
Daily Mail, Sun cut US editorial jobs
Friday 13 Sep 2024
(Sharecast News) - Two of Britain's largest newspaper publishers, News UK and DMGT, are implementing significant job cuts in their US digital operations, it emerged on Friday. Read More
-
US consumer sentiment highest since May
Friday 13 Sep 2024
(Sharecast News) - US consumer sentiment improved in September to its highest level since May, according to a preliminary survey released on Friday. Read More
-
Eurozone industrial production falls as expected
Friday 13 Sep 2024
(Sharecast News) - Industrial output in the eurozone fell as expected in July, with further weakness expected into the second half of the year as the manufacturing sector across the region continues t... Read More
-
Ex-NY Fed chief Dudley says he'd go for 50bp cut on 18 September
Friday 13 Sep 2024
(Sharecast News) - A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air. Read More
-
ECB cuts rates by 25 basis points as expected
Thursday 12 Sep 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation. Read More
-
US producer prices rise a tad more quickly than expected, core ahead of forecasts
Thursday 12 Sep 2024
(Sharecast News) - Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level. Read More
-
US jobless claims rise to 230,000
Thursday 12 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations. Read More
-
IEA trims forecasts as demand for oil slows
Thursday 12 Sep 2024
(Sharecast News) - Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts. Read More
-
US inflation undershoots forecasts in August, core CPI picks up
Wednesday 11 Sep 2024
(Sharecast News) - The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell. Read More
-
Capital Economics ups end-2025 gold price forecast to $2,750/oz.
Tuesday 10 Sep 2024
(Sharecast News) - Capital Economics boosted its gold price forecast for the end of the following year, although it was expecting a bumpy ride. Read More
-
OPEC trims oil demand forecast again as crude prices sink
Tuesday 10 Sep 2024
(Sharecast News) - The Organization of the Petroleum Exporting Countries has reduced its forecast for oil demand this year for the second straight month as it attempts to balance the market in the fac... Read More
-
EU court upholds EUR 2.4bn Google antitrust fine
Tuesday 10 Sep 2024
(Sharecast News) - Google found itself on the losing end of a significant European legal battle on Tuesday, as the EU's Court of Justice upheld a €2.4bn fine imposed on the company for antitrust... Read More
-
Apple loses decade-long Irish tax battle
Tuesday 10 Sep 2024
(Sharecast News) - Tech giant Apple has lost a decade-long battle with the European Union regarding a €13.0bn tax bill in Ireland. Read More
-
German inflation dips below 2% for first time since 2021, final estimates confirm
Tuesday 10 Sep 2024
(Sharecast News) - German inflation was confirmed at 1.9% in August, its lowest level in three and a half years, according to final estimates from Destatis on Tuesday. Read More
You are here: news > category > commodities news
10 Lower Thames St,
London EC3R 6EN