Commodities News
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Cryptos face reality again; Bitcoin falls to $23,500
Friday 17 Feb 2023
(Sharecast News) - Profit-taking in the cryptocurrency market. Bitcoin (BTC) drops nearly 4% to $23,600 after surpassing August highs on Thursday. Ethereum (ETH), meanwhile, falls 1.6% to $1,650. Read More
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US producer prices rise more quickly than expected in January
Thursday 16 Feb 2023
(Sharecast News) - Wholesale prices in the US rose more quickly than expected at the start of 2023. Read More
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US housing starts and permits for January come in below forecasts
Thursday 16 Feb 2023
(Sharecast News) - Homebuilding activity in the States slowed in January. Read More
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US initial jobless claims come in below market expectations
Thursday 16 Feb 2023
(Sharecast News) - Americans unexpectedly filed unemployment claims at a decelerated rate in the week ended 11 February and remained near a nine-month low. Read More
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Philly Fed index slumps further in February
Thursday 16 Feb 2023
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region worsened in February, the results of a closely followed survey revealed. Read More
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Bitcoin surprises everyone, as it soars 11% to $24,500, at August highs
Thursday 16 Feb 2023
(Sharecast News) - The cryptocurrency market has surprised everyone. Everything has changed overnight when it seemed that digital assets were destined to extend the falls of the last sessions and the ... Read More
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US retail sales grow by more than expected in January
Wednesday 15 Feb 2023
(Sharecast News) - US retail sales unexpectedly increased in January, bouncing back from the prior month's 1.1% drop. Read More
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Euro area industrial production declines in December led by Germany
Wednesday 15 Feb 2023
(Sharecast News) - Industrial output in the single currency block fell at the end of 2022 amid widespread declines by goods categories, although most major economies in fact saw gains. Read More
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Euro area industrial production declines in December led by Germany
Wednesday 15 Feb 2023
(Sharecast News) - Industrial output in the single currency block fell at the end of 2022 amid widespread declines by goods categories, although most major economies in fact saw gains. Read More
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Cryptos rebound after the US CPI; Bitcoin regains $22,000
Wednesday 15 Feb 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises 1.6% in the last 24 hours and regains $22,000, while Ethereum´s (ETH) gains extend to 2.8% and push it towards $1,500. Read More
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US CPI increases more quickly than expected in January
Tuesday 14 Feb 2023
(Sharecast News) - The cost of living in the US increased by more than expected at the start of 2023, as energy and shelter costs pushed up on headline and core inflation. Read More
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Fed's Barkin says US inflation coming down slowly
Tuesday 14 Feb 2023
(Sharecast News) - A top US central bank official said that policymakers may need to take interest rates higher than previously expected if inflation continued to run too fast. Read More
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Investor pessimism hits 12-month low in February, BofA says
Tuesday 14 Feb 2023
(Sharecast News) - The so-called 'pain trade' in risk assets was still up because investors around the world continued to exhibit caution, the results of BofA's monthly fund manager survey found. Read More
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OPEC nudges up 2023 global oil demand forecast
Tuesday 14 Feb 2023
(Sharecast News) - The Organisation of Petroleum Exporting Countries nudged up its global oil demand forecast for 2023 on the back of the improved outlook for the world economy. Read More
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Eurozone growth slows in Q4, as expected
Tuesday 14 Feb 2023
(Sharecast News) - Economic growth in the eurozone slowed in the final quarter of last year, according to final data released on Tuesday by Eurostat. Read More
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Cryptos and Bitcoin await inflation data with losses after SEC hit
Tuesday 14 Feb 2023
(Sharecast News) - Cryptocurrencies are not recovering on Tuesday. Bitcoin (BTC) falls 0.4% and remains below $22,000 ($21,770), while Ethereum (ETH) drops 0.93% and remains on the verge of losing $1,... Read More
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Japan Q4 GDP rises by 0.6%, falls short of consensus
Tuesday 14 Feb 2023
(Sharecast News) - Japan's economy grew more slowly than expected at the end of 2022 amid restrained household spending and business investment. Read More
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SEC and inflation sink 'cryptos'; Bitcoin could test $20,000
Monday 13 Feb 2023
(Sharecast News) - Cryptocurrencies turn bearish. Bitcoin (BTC) rises slightly after retreating 4.5% in the last week and remains below $21,900, while Ethereum (ETH) drops 0.85%, falling more than 7% ... Read More
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EU economy to avoid recession this year, says European Commission
Monday 13 Feb 2023
(Sharecast News) - The European Commission lifted its growth forecasts on Monday as it said the European Union and the eurozone were set to "narrowly avoid" a technical recession this year. Read More
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US consumer confidence edges higher in February, University of Michigan says
Friday 10 Feb 2023
(Sharecast News) - Americans grew a tad more confident towards the middle of February, the results of a very closely followed survey revealed. Read More
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