Commodities News
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Cryptos recover losses from Silicon Valley Bank collapse
Monday 13 Mar 2023
(Sharecast News) - Cryptocurrencies recover from losses after the weekend. The digital asset market recovers most of the losses caused by the collapse of Silicon Valley Bank (SVB). Bitcoin (BTC) is ba... Read More
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All SVB and Signature Bank depositors in US to regain access to funds
Monday 13 Mar 2023
(Sharecast News) - America's central bank unveiled a new lending facility to protect all uninsured deposits at US lenders. Read More
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US non-farm payrolls increase by 311,000 in February
Friday 10 Mar 2023
(Sharecast News) - The pace of hiring in the US during the month of February came in ahead of market expectations with solid growth in both the private and public sectors. Read More
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Quite a lot riding on a 'soft' US non-farm payrolls report, BofA says
Friday 10 Mar 2023
(Sharecast News) - Unless the US non-farm payrolls report for February came in "soft", then the "bad crashy vibes" of March were set to worsen, strategists at Bank of America. Read More
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Iran and Saudi Arabia to resume diplomatic relations
Friday 10 Mar 2023
(Sharecast News) - Iran and Saudi Arabia reached an agreement to resume diplomatic relations. Read More
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Bitcoin plummets and loses $20,000 for the first time since mid-January
Friday 10 Mar 2023
(Sharecast News) - Bitcoin plummets (-8%) and loses the $20,000 level, something that has not happened since the middle of last January. The wave of negative news is crushing the crypto and ending the... Read More
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German inflation stabilises in February
Friday 10 Mar 2023
(Sharecast News) - German inflation was unchanged last month, official data showed on Friday, with both energy and food prices remaining high. Read More
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BoJ holds rates, maintains bond policy as Kuroda exits
Friday 10 Mar 2023
(Sharecast News) - The Bank of Japan on Friday maintained interest rates at record lows, and said it would continue with its current pace of yield curve control in the final meeting under Governor Har... Read More
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Weekly US jobless claims register unexpected rise
Thursday 09 Mar 2023
(Sharecast News) - Jobless claims in the US rose unexpectedly during the previous week. Read More
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US job cuts year-to-date running at highest since 2009, Challenger says
Thursday 09 Mar 2023
(Sharecast News) - Layoff announcements in the US were running at their highest level since 2009 at the start of the year, one of the country's best known staffing agencies said. Read More
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ECB will do what it takes to bring inflation back to 2%, Villeroy says
Thursday 09 Mar 2023
(Sharecast News) - The head of the French central bank said that the European Central Bank was needed to return inflation back to its 2% goal. Read More
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Chinese inflation eases more than expected
Thursday 09 Mar 2023
(Sharecast News) - Chinese consumer price inflation eased more than expected in February, according to data released on Thursday by the National Bureau of Statistics. Read More
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Silvergate bankruptcy and the Fed drive Bitcoin to its lowest level in a month
Thursday 09 Mar 2023
(Sharecast News) - Read More
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Size of next Fed rate hike not yet decided, Powell says
Wednesday 08 Mar 2023
(Sharecast News) - Jerome Powell told US lawmakers that no decision had as yet been taken regarding the size of the potential rate hike at the central bank's 21-22 March policy meeting. Read More
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US foreign trade rises by a tad less than expected in February
Wednesday 08 Mar 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened by slightly less than anticipated in January. Read More
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US job openings decline by less than anticipated in January
Wednesday 08 Mar 2023
(Sharecast News) - The number of job openings in the US declined at the start of 2023 albeit by less than anticipated. Read More
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US private sector adds more jobs than expected
Wednesday 08 Mar 2023
(Sharecast News) - Private sector employment in the US rose more than expected in February, according to the latest data from ADP. Read More
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Eurozone economy stagnates in Q4
Wednesday 08 Mar 2023
(Sharecast News) - The eurozone economy stagnated in the final quarter of last year, according to data released on Wednesday by Eurostat. Read More
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Powell and the Fed sink cryptos; Bitcoin loses $22,000
Wednesday 08 Mar 2023
(Sharecast News) - Cryptocurrencies are not getting back on their feet. Bitcoin (BTC) drops 1.9% in the last 24 hours and falls below $22,000 for the first time in a month, while Ethereum (ETH) drops ... Read More
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German industrial production posts surprise 3.5% rise in January
Wednesday 08 Mar 2023
(Sharecast News) - German industrial production in January rose far more than expected, surging 3.5% on the previous month's fall, according to data released by the federal statistical office on Wedne... Read More
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