Commodities News
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German business sentiment improves slightly in April - Ifo
Monday 24 Apr 2023
(Sharecast News) - German business sentiment improved slightly in April, according to a survey released on Monday by the Ifo Institute. Read More
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Bitcoin and Ethereum erase April gains, as they return to pre-Shanghai levels
Monday 24 Apr 2023
(Sharecast News) - Cryptocurrencies have not bounced back yet. Both Bitcoin (BTC) and Ethereum (ETH), the two main cryptos in the market, have dropped more than 0.7%, falling back to $27,400 and $1,84... Read More
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BofA says Stoxx 600 may fall 20% by early Q4
Friday 21 Apr 2023
(Sharecast News) - Equity strategists at Bank of America reiterated their 'negative' view on European stocks, predicting that the Stoxx 600 was set to tumble. Read More
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US factory and services activity reaccelerated unexpectedly in April, S&P Global says
Friday 21 Apr 2023
(Sharecast News) - Economic activity in the US reaccelerated unexpectedly in April, the results of two surveys revealed. Read More
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Buoyant service sector helps boost Eurozone economy
Friday 21 Apr 2023
(Sharecast News) - The Eurozone economy strengthened in April, a closely-watched survey showed on Friday, bolstered by a resurgent service sector. Read More
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Cryptos continue to fall; Bitcoin is close to losing $28,000
Friday 21 Apr 2023
(Sharecast News) - The cryptocurrency market extends Thursday's falls. Bitcoin (BTC) continues to retreat, dropping more than 3% in the last 24 hours as it threatens to lose $28,000. Ethereum (ETH), m... Read More
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Weekly US unemployment claims rise slightly
Thursday 20 Apr 2023
(Sharecast News) - The US labour market softened a tad more during the previous week. Read More
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Philly Fed index falls unexpectedly in April
Thursday 20 Apr 2023
(Sharecast News) - Factory sector activity in the US mid-Atlantic region softened again unexpectedly in April, the results of a closely followed survey revealed. Read More
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Cryptos plummet; Bitcoin loses $29,000 and Ethereum falls below $2,000
Thursday 20 Apr 2023
(Sharecast News) - Surprise in the cryptocurrency market. Bitcoin (BTC) plummets about 4% in the last 24 hours and falls below $29,000. The drop is sharper in Ethereum (ETH): it falls more than 5%, lo... Read More
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China keeps key lending rates steady
Thursday 20 Apr 2023
(Sharecast News) - China held key lending rates steady as expected on Thursday, with its one-year Loan Prime Rate (LPR) left at 3.65%, while the five-year LPR, used to determine mortgage rates, mainta... Read More
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Construction output strengthens in Eurozone
Wednesday 19 Apr 2023
(Sharecast News) - The Eurozone's construction sector strengthened in February, official data showed on Wednesday. Read More
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EZ headline inflation falls, but core rate rises
Wednesday 19 Apr 2023
(Sharecast News) - Eurozone inflation fell sharply in line with expectations in March to 6.9% from from 8.5% as energy prices fell, although core inflation rose slightly. Read More
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Cryptos slowdown; Bitcoin consolidates at $30,000
Wednesday 19 Apr 2023
(Sharecast News) - There´s a slowdown in the cryptocurrency market. Bitcoin (BTC) loses $30,000 once more and Ethereum (ETH), after several days at a high, falls back to slightly below $2,100. Read More
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Fed's Bullard calls for rates to rise to 5.5-5.75% - Reuters
Tuesday 18 Apr 2023
(Sharecast News) - A top US central bank official said that the Fed funds rate should rise to 5.5-5.75%. Read More
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US homebuilding activity slows as expected in March
Tuesday 18 Apr 2023
(Sharecast News) - US homebuilding activity slowed roughly as expected last month, although they underlying details of the latest data were better. Read More
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ZEW economic sentiment index for Germany drops unexpectedly in April
Tuesday 18 Apr 2023
(Sharecast News) - Analysts' confidence in the German economy fell back unexpectedly in April, the results of a closely followed survey revealed. Read More
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Bitcoin takes a breather as Ethereum continues to rise and surpasses $2,100
Tuesday 18 Apr 2023
(Sharecast News) - The cryptocurrency market is mixed. Bitcoin (BTC) is taking a breather in the last 24 hours and drops around 0.7%, which has led the queen cryptocurrency to trade as low as $29,300 ... Read More
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Chinese Q1 GDP growth beats forecasts
Tuesday 18 Apr 2023
(Sharecast News) - Economic activity in the People's Republic of China accelerated by more than expected at the start of 2023, leading some economists to bump up their forecasts for full-year growth. Read More
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US housing market index rises for fourth straight month
Monday 17 Apr 2023
(Sharecast News) - The National Association of Home Builders/Wells Fargo US housing market index increased to 45 in April, a fourth straight month of growth and the highest level seen since September ... Read More
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Morgan Stanley's Mike Wilson cautious on outlook for S&P 500 earnings
Monday 17 Apr 2023
(Sharecast News) - Morgan Stanley strategist Mike Wilson cautioned clients that large-cap stock market indices were exposed to the risk of sudden falls as seen in the regional bank index and in small ... Read More
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