Commodities News
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US wholesale inventories fall 0.4% in January
Tuesday 07 Mar 2023
(Sharecast News) - Wholesale inventories decreased 0.40% month-on-month in January, in line with analysts' estimates. Read More
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Cryptos await Powell; Bitcoin tepid at $22,400
Tuesday 07 Mar 2023
(Sharecast News) - Little movement and lukewarmness in cryptocurrencies. Bitcoin (BTC) turns slightly upward and rises 0.1% in the last 24 hours to $22,400. Ethereum (ETH), meanwhile, rebounds 0.5% an... Read More
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German factory orders make surprise 1% jump in January
Tuesday 07 Mar 2023
(Sharecast News) - German January factory orders recorded a surprise 1% increase, driven by aircraft orders, official data revealed on Tuesday. Read More
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Chinese exports continue to decline in February
Tuesday 07 Mar 2023
(Sharecast News) - China's foreign trade surplus over the first two months of 2023 was larger than expected as the economy reopened and exports rebounded, while import growth lagged behind. Read More
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China sets modest growth target for 2023
Monday 06 Mar 2023
(Sharecast News) - China is aiming for economic growth of just 5% this year, its lowest target for decades, as the country looks to restore economic stability. Read More
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Eurozone retail sales increase at slower than expected rate
Monday 06 Mar 2023
(Sharecast News) - Retail sales increased at a slower than expected clip across the Eurozone in January, with household budgets continuing to be strained by both high inflation and rising interest rat... Read More
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ECB's Lane says rates to rise further after March increase
Monday 06 Mar 2023
(Sharecast News) - The European Central Bank's chief economist said on Monday that the Bank will likely need to increase borrowing costs further after next week's planned hike. Read More
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Eurozone economic sentiment unexpectedly deteriorates
Monday 06 Mar 2023
(Sharecast News) - Investor sentiment in the eurozone unexpectedly deteriorated in March, according to data released on Monday. Read More
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Uncertainty for Bitcoin and cryptos due to macro data, Silvergate and the Fed
Monday 06 Mar 2023
(Sharecast News) - The cryptocurrency market remains in no man's land and shows no signs of improving. Bitcoin (BTC) is trading virtually flat at $22,400, while Ethereum (ETH) has dropped 0.4%, at $1,... Read More
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Contraction in eurozone construction sector eases in February
Monday 06 Mar 2023
(Sharecast News) - The downturn in the eurozone construction sector eased a little in February, according to a survey released on Monday. Read More
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ISM's US PMI tops expectations in February
Friday 03 Mar 2023
(Sharecast News) - The Institute for Supply Management's non-manufacturing PMI came to 55.1 in February, broadly flat month-on-month but ahead of expectations for a reading of 54.5. Read More
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UAE said to consider leaving Opec, oil prices slide
Friday 03 Mar 2023
(Sharecast News) - Oil prices slid on Friday following a report that the United Arab Emirates is considering leaving the Opec cartel of oil producing countries. Read More
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Eurozone economy expands at fastest pace since June 2022
Friday 03 Mar 2023
(Sharecast News) - The eurozone economy expanded in February at its fastest pace since June 2022, according to a survey released on Friday. Read More
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Cryptos and Bitcoin plummet, dragged down by Silvergate and macro data
Friday 03 Mar 2023
(Sharecast News) - Cryptocurrencies fall sharply, and they will close the week in the red, unless there is a last minute surprise. Bitcoin (BTC) extends losses and drops more than 4% in the last 24 ho... Read More
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German January exports rebound from Dec fall with 2.1% rise
Friday 03 Mar 2023
(Sharecast News) - German exports rose by more than expected in January, recording a 2.1% rise and rebounding from a sharp drop in the prior month, according to official data released on Friday. Read More
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China services sector grows more than expected - Caixin
Friday 03 Mar 2023
(Sharecast News) - Activity in China's services sector picked up more than expected in February amid a recovery in demand, according to a survey released on Friday. Read More
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Eurozone inflation eases less than expected in February
Thursday 02 Mar 2023
(Sharecast News) - Eurozone inflation eased less than expected in February, according to preliminary data released by Eurostat on Thursday. Read More
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Weekly US jobless claims little changed
Thursday 02 Mar 2023
(Sharecast News) - Unemployment claims in the US were little changed during the latest week. Read More
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US labour market shows signs of cooling, WSJ says
Thursday 02 Mar 2023
(Sharecast News) - Demand for workers in the US may be cooling more quickly than some government statistics might lead you to believe, data from two staffing companies showed. Read More
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Cryptos and Bitcoin fall again after poor data in the US and Europe
Thursday 02 Mar 2023
(Sharecast News) - Cryptocurrencies continue to waver. If yesterday, on Wednesday, we talked about rises, today it is time to talk about falls. Bitcoin (BTC) drops 1.4% in the last hours and loses $23... Read More
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