Commodities News
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Fed skips rate hike, gains time to analyse more data
Wednesday 14 Jun 2023
(Sharecast News) - Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more. Read More
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US wholesale inflation slips more than expected in May amid drop in energy
Wednesday 14 Jun 2023
(Sharecast News) - Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices. Read More
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Eurozone industrial production rebounds to post rise in May
Wednesday 14 Jun 2023
(Sharecast News) - Industrial production in the Eurozone recorded a better-than-expected rise in April, rebounding from a slump in March, official data showed on Wednesday. Read More
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Cryptos fall; Bitcoin below $26,000 ahead of Fed meeting
Wednesday 14 Jun 2023
(Sharecast News) - Cryptos fall moderately. Bitcoin (BTC) has retreated 0.7% in the last 24 hours and stands at around $25,900, while Ethereum (ETH) follows in the footsteps of the crypto queen and dr... Read More
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US CPI gains slow to 4.0% in May
Tuesday 13 Jun 2023
(Sharecast News) - The cost of living in the US rose by a tad less than anticipated last month. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German business sentiment improves in June - ZEW
Tuesday 13 Jun 2023
(Sharecast News) - German business sentiment improved in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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German inflation slows as energy prices cool
Tuesday 13 Jun 2023
(Sharecast News) - German inflation continued to slow in May, official data showed on Tuesday, in line with expectations. Read More
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Cryptos are calm ahead of US CPI and central bank meetings
Tuesday 13 Jun 2023
(Sharecast News) - There´s a sense of calm in the cryptocurrency market. Bitcoin (BTC) has risen 1% in the last 24 hours and is trying to consolidate at $26,000 before central bank meetings begin, whi... Read More
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China cuts short-term loan rates in bid to stimulate economy
Tuesday 13 Jun 2023
(Sharecast News) - The People's Bank of China on Tuesday cut a key short-term policy rate as it an economy stalling after the reopening from the Covid-19 pandemic failed to maintain momentum. Read More
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Bitcoin and Ethereum resist SEC's advance during altcoins' falls
Monday 12 Jun 2023
(Sharecast News) - There´s not much new information to report in the cryptocurrency market. Bitcoin (BTC) has lost $26,000 since last Friday and is currently trading above $25,800 after rebounding on ... Read More
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BofA analysts say S&P 500 'bear market' now dead
Friday 09 Jun 2023
(Sharecast News) - Equity analysts at Bank of America Securities sounded a 'bullish' note on the outlook for stocks, declaring the 'bear market' "officially over" and telling clients the new 'bull mar... Read More
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Government introduces price floor on energy windfall tax
Friday 09 Jun 2023
(Sharecast News) - A windfall tax on excessive oil and gas profits will be suspended should energy prices fall, the government confirmed on Friday. Read More
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China's producer prices plunge
Friday 09 Jun 2023
(Sharecast News) - Inflation in China remained at low levels in May, official data showed on Friday, as the country's economy continued to struggle post-pandemic. Read More
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Relative calm for cryptos during high uncertainty after the SEC advance
Friday 09 Jun 2023
(Sharecast News) - The cryptocurrency market is back on track. Bitcoin (BTC) rises 0.12% in the last 24 hours and consolidates at $26,400, the range in which it has been moving in recent weeks. For it... Read More
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Eurozone tips into recession
Thursday 08 Jun 2023
(Sharecast News) - The Eurozone has tipped into recession, official data showed on Thursday, after a series of downward revisions. Read More
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Cryptos fall while focusing on the SEC and the Fed
Thursday 08 Jun 2023
(Sharecast News) - New twist in the cryptocurrency market. Bitcoin (BTC) drops more than 1% in the last 24 hours, but remains at $26,400 after surpassing $27,000 on Tuesday. For its part, Ethereum (ET... Read More
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US trade deficit jumps in April
Wednesday 07 Jun 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened unexpectedly in April. Read More
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Bank of Canada lifts rates to 4.75%
Wednesday 07 Jun 2023
(Sharecast News) - The Bank of Canada on Wednesday lifted its benchmark interest rate rate to 4.75% as it battled to stem persistent inflation amid worries that it could get stuck above its 2% target. Read More
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OECD sees moderate GDP global growth; UK to avoid recession
Wednesday 07 Jun 2023
(Sharecast News) - The global economy is forecast to grow moderately this year as inflationary pressures ease, but a recovery was still some way off, the Organisation for Economic Co-operation and Dev... Read More
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