Commodities News
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Cryptocurrencies remain calm; Bitcoin consolidates at the $21,000 level
Tuesday 17 Jan 2023
(Sharecast News) - The cryptocurrency market is poised to regain activity on Tuesday. Bitcoin (BTC) has risen slightly in the last 24 hours and consolidates above $21,100. Ethereum (ETH), meanwhile, p... Read More
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Bitcoin rises above $21,000, but experts recommend "controlling enthusiasm"
Monday 16 Jan 2023
(Sharecast News) - Bitcoin recovers positions in a very prominent way, managing to rise above $21,000 after overcoming the resistance of $18,420 on Friday. Experts are wondering today, on Monday, if t... Read More
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Slower US wage growth in December may point to 25bp Fed hike, Barclays says
Friday 13 Jan 2023
(Sharecast News) - US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022. Read More
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Consumer confidence rises and inflation expectations drop in December, University of Michigan says
Friday 13 Jan 2023
(Sharecast News) - Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed. Read More
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US import prices register first increase in six months
Friday 13 Jan 2023
(Sharecast News) - US import prices unexpectedly broke a five-month streak of declines at the end of 2022. Read More
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Eurozone industrial production sparks
Friday 13 Jan 2023
(Sharecast News) - Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday. Read More
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German economy grows touch more than expected in 2022
Friday 13 Jan 2023
(Sharecast News) - The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis. Read More
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Cryptocurrencies rise unabated; Bitcoin flirts with the $19,000 mark
Friday 13 Jan 2023
(Sharecast News) - The cryptocurrency market continues to rise and recovers the $900 billion market capitalization. Bitcoin (BTC) has risen almost 4% in the last 24 hours and stands at $18,820, as it ... Read More
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China's exports, imports tumble
Friday 13 Jan 2023
(Sharecast News) - Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened. Read More
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US CPI slips a tad more than expected in December, core rate as expected
Thursday 12 Jan 2023
(Sharecast News) - The cost of living in the US slipped by a tad more than expected last month. Read More
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Fed's Harker favours shift towards 25bp rate hikes
Thursday 12 Jan 2023
(Sharecast News) - A top US central bank official joined the camp of those calling for a further downshift in the pace of interest rate hikes to 25 basis points per meeting. Read More
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US jobless claims hit lowest level in more than three months
Thursday 12 Jan 2023
(Sharecast News) - Americans filed unemployment claims at a decelerated clip in the seven days ended 7 January, hitting their lowest level in more than three months. Read More
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France union calls for refinery workers to strike over pensions changes
Thursday 12 Jan 2023
(Sharecast News) - France's CGT trade union on Thursday called for strikes in the refinery sector over plans to raise the state retirement age, while unions representing Paris metro workers said they ... Read More
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Bitcoin recovers to $18,000; investors await the US CPI
Thursday 12 Jan 2023
(Sharecast News) - The cryptocurrency market has rebounded strongly. Bitcoin (BTC) has soared 3.8% in the last 24 hours and is comfortably surpassing the $18,000 mark, thus reaching the highs of a mon... Read More
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China consumer inflation nudges higher
Thursday 12 Jan 2023
(Sharecast News) - Inflation in China pushed higher last month, official data showed on Thursday, driven by rising food prices. Read More
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FAA computer glitch grounds all US flights
Wednesday 11 Jan 2023
(Sharecast News) - All US flights were grounded early on Wednesday as a result of a glitch within the Federal Aviation Administration's computer system. Read More
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US mortgage applications rise 1.2%
Wednesday 11 Jan 2023
(Sharecast News) - Mortgage applications rose 1.2% to kick off 2023, according to the Mortgage Bankers Association of America. Read More
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Cryptocurrencies continue to rise; Bitcoin consolidates at the $17,000 level
Wednesday 11 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down. Bitcoin (BTC) continues its rebound from the beginning of the year and gains 1.4% in the last 24 hours, which allows it to stand at $1... Read More
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US small business optimism slips more than expected in December, NFIB says
Tuesday 10 Jan 2023
(Sharecast News) - Small business confidence in the US fell back to its June lows at the end of 2022, alongside declines in gauges for price pressures and hiring, the results of a survey showed, altho... Read More
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US wholesale inventories rise 1% in November
Tuesday 10 Jan 2023
(Sharecast News) - US wholesale inventories rose 1% month-on-month in November to $933.1bn, according to the Census Bureau, in line with preliminary estimates. Read More
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