Commodities News
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Weekly US jobless claims drop by more than expected
Thursday 18 May 2023
(Sharecast News) - The number of people filing for jobless claims dropped by more than expected during the previous week. Read More
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Philly Fed index improves by more than expected in May
Thursday 18 May 2023
(Sharecast News) - The slowdown in manufacturing in the US mid-Atlantic region eased by more than expected in May, the results of a closely followed survey showed. Read More
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US housing starts register slight rise in April, permits dip
Wednesday 17 May 2023
(Sharecast News) - Homebuilding activity in the States rose a bit last month, but from a lower than expected base. Read More
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McCarthy expects US government debt default to be avoided
Wednesday 17 May 2023
(Sharecast News) - A top Republican leader voiced confidence that the United States government would avoid a debt default. Read More
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Eurozone inflation reaches 7%
Wednesday 17 May 2023
(Sharecast News) - Eurozone inflation reached 7% in April, official data showed on Wednesday, in line with expectations. Read More
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US retail sales rise by less than expected in April
Tuesday 16 May 2023
(Sharecast News) - American consumers last month resumed their outlays but at a slower than anticipated pace. Read More
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US industrial production edges past forecasts in April, driven by manufacturing
Tuesday 16 May 2023
(Sharecast News) - Industrial production in the States bounced back last month after two months of flat output, driven by a rebound in factory activity. Read More
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Eurozone GDP edges higher in first quarter
Tuesday 16 May 2023
(Sharecast News) - The Eurozone economy grew only marginally in the first quarter, official data showed on Tuesday, in line with expectations. Read More
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German business sentiment deteriorates in May - ZEW
Tuesday 16 May 2023
(Sharecast News) - German business sentiment deteriorated much more than expected in May as worries about rate hikes and the US debt ceiling took their toll, according to a survey released on Tuesday ... Read More
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Cryptos fall; Bitcoin tests important supports
Tuesday 16 May 2023
(Sharecast News) - Few movements in cryptocurrencies. Bitcoin (BTC) is around $27,200 after dropping 0.6% in the last 24 hours and Ethereum (ETH) is around $1,8000 after falling 0.4% in the last day. Read More
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China slowdown fears as ind production, retail sales miss forecasts
Tuesday 16 May 2023
(Sharecast News) - Chinese industrial production and retail sales both grew less than expected, according to official data, fuelling worries that the post-Covid rebound expected to drive the global ec... Read More
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NY Fed factory index drops sharply in May
Monday 15 May 2023
(Sharecast News) - Factory sector activity in and around the state of New York worsened sharply in May, the results of a closely followed survey revealed. Read More
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Brussels raises inflation forecasts
Monday 15 May 2023
(Sharecast News) - Brussels lifted its annual inflation forecasts on Monday, on the back of "persistent" pricing pressures. Read More
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Eurozone industrial production slumps
Monday 15 May 2023
(Sharecast News) - Industrial production fell sharply in the Eurozone in March, official data showed on Monday, missing forecasts for a far smaller decline. Read More
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US consumer sentiment hit in May by worries about economy, debt ceiling
Friday 12 May 2023
(Sharecast News) - Concerns about the economy, including around the debt ceiling standoff, hit consumer sentiment in the US in May, the results of a closely followed survey revealed. Read More
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US import prices rise in April for first time in 2023
Friday 12 May 2023
(Sharecast News) - US import prices rose in April for the first time in 2023 as fuel import costs rose. Read More
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Cryptos suffer from fears of market illiquidity
Friday 12 May 2023
(Sharecast News) - Sharp falls in the cryptocurrency market. Bitcoin (BTC) has dropped 4% in the last 24 hours and falls below $26,500, while Ethereum (ETH) drops another 4% and falls to $1,760. Both ... Read More
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US jobless claims rise more than expected
Thursday 11 May 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose more than expected last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices rise at slowest pace since January 2021
Thursday 11 May 2023
(Sharecast News) - US producer prices rose at their slowest pace in April since January 2021, according to data released on Thursday by the Bureau of Labor Statistics. Read More
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Cryptos turn bearish; is Bitcoin headed for $25,000?
Thursday 11 May 2023
(Sharecast News) - The cryptocurrency market turns bearish. Bitcoin (BTC) starts the day flat at $27,500 after dropping 0.3% in the last 24 hours, as does Ethereum (ETH): the largest altcoin in the ma... Read More
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