Commodities News
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US new home sales rebound unexpectedly in January
Friday 24 Feb 2023
(Sharecast News) - New home selling activity in the US picked up at the start of 2023, but some economists believed the burst of activity would prove short-lived. Read More
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US consumer confidence edges past forecasts in February, University of Michigan says
Friday 24 Feb 2023
(Sharecast News) - Consumer confidence in the US improved for a third consecutive month, boosted by an improved short-run outlook for the economy, the results of a closely followed survey revealed. Read More
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Americans splash out with abandon in January
Friday 24 Feb 2023
(Sharecast News) - American consumers splashed out with abandon at the start of 2023. Read More
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UK unveils fresh round of sanctions against Russia
Friday 24 Feb 2023
(Sharecast News) - The UK government has marked the first anniversary of war in Ukraine by announcing further sanctions against Russia. Read More
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Cryptos face more volatility; Bitcoin falls below $24,000 again
Friday 24 Feb 2023
(Sharecast News) - The volatility in the cryptocurrency market continues. As soon as it rose, Bitcoin (BTC) fell again by a remarkable 2% to stand again below $24,000. Ethereum (ETH), meanwhile, dropp... Read More
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German economy shrinks by more than expected
Friday 24 Feb 2023
(Sharecast News) - The German economy shrunk by more than expected in the last three months of 2022, official data showed on Friday, increasing the prospect of the country falling into recession. Read More
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US Q4 GDP growth revised a tad lower to 2.7%
Thursday 23 Feb 2023
(Sharecast News) - The US economy expanded at a slightly slower pace at the end of 2022 than previously thought, but price pressures were greater. Read More
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Weekly US jobless claims dip
Thursday 23 Feb 2023
(Sharecast News) - The US jobs market remained tight, the latest weekly jobless claims data showed. Read More
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Cryptos and Bitcoin rebound after lackluster Fed minutes
Thursday 23 Feb 2023
(Sharecast News) - There´s been yet another turn of events in the cryptocurrency market. Bitcoin (BTC) rises 2% in the last 24 hours and is trying to regain $24,500, while Ethereum (ETH) is experienci... Read More
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Euro area CPI revised a tad higher for January
Thursday 23 Feb 2023
(Sharecast News) - The cost of living in the euro area fell a bit a more slowly at the start of 2023 than previously thought. Read More
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Fed minutes show some division emerging among officials
Thursday 23 Feb 2023
(Sharecast News) - Investor focus was very much on minutes from the Federal Reserve's February meeting late on Wednesday, which showed some division emerging as a number of officials expressed concern... Read More
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Morgan Stanley cuts 2023-24 Brent crude oil price forecasts
Wednesday 22 Feb 2023
(Sharecast News) - Analysts at Morgan Stanley cut their price forecasts for Brent crude oil prices across 2023 and for 2024 on the back of higher-than-expected Russian exports. Read More
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British Steel to announce job losses, closure of coking ovens
Wednesday 22 Feb 2023
(Sharecast News) - British Steel was reportedly set to announce the closure of its coking ovens at Scunthorpe. Read More
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German business sentiment improves in February - Ifo
Wednesday 22 Feb 2023
(Sharecast News) - German business sentiment improved again in February, according to a survey released on Wednesday by the Ifo Institute. Read More
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Bitcoin and cryptocurrencies turn bearish, worried about the Fed and the SEC
Wednesday 22 Feb 2023
(Sharecast News) - There´s been a new 180-degree turnaround in the cryptocurrency market. Both Bitcoin (BTC) and Ethereum (ETH) dropped around 3.9% and are heading towards $24,000 and $1,600, respecti... Read More
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German inflation ticks up as expected in January
Wednesday 22 Feb 2023
(Sharecast News) - German inflation rose as expected in January amid higher energy prices, according to figures released by Destatis on Wednesday. Read More
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US existing home sales fall for a twelfth month in a row in January
Tuesday 21 Feb 2023
(Sharecast News) - Home selling activity in the US slowed for a twelfth straight month at the start of 2023. Read More
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US services sector swings back into expansion in February, S&P Global says
Tuesday 21 Feb 2023
(Sharecast News) - Output from America's private sector swung back into expansion unexpectedly in February after a seven-month stretch of declines, the results of two surveys revealed. Read More
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Putin says Russia will continue with tasks set out, pulls out of New START treaty
Tuesday 21 Feb 2023
(Sharecast News) - Far from signalling any openness to a ceasefire, Russian President Vladimir Putin said his country was fighting for its "historic lands" in Ukraine and that Moscow would "fulfill th... Read More
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German business sentiment improves in February - ZEW
Tuesday 21 Feb 2023
(Sharecast News) - German business sentiment improved in February, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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