Commodities News
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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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Russia to cut oil output by 500,000 barrels a day
Friday 10 Feb 2023
(Sharecast News) - Russia said on Friday that it will oil production by 500,000 barrels a day next month in retaliation against Western sanctions over the war in Ukraine. Read More
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Cryptos and Bitcoin plummet after SEC ruling against Kraken
Friday 10 Feb 2023
(Sharecast News) - Cryptocurrencies are plummeting on Friday. Bitcoin (BTC) has fallen 3.4% in the last 24 hours and lost $22,000, while Ethereum´s (ETH) drop is sharper: it has retreated 4.9% and is ... Read More
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China CPI ticks higher in January
Friday 10 Feb 2023
(Sharecast News) - Consumer price inflation in China ticked up in January as the country reopened after more than two years of Covid restrictions, according to figures released on Friday by the Nation... Read More
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US initial jobless claims rise by 13,000
Thursday 09 Feb 2023
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the seven days ended 4 February. Read More
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Cryptos fall; Bitcoin loses $23,000 on inflation concerns
Thursday 09 Feb 2023
(Sharecast News) - The cryptocurrency market turns bearish. Bitcoin (BTC) falls 2% in the last 24 hours and stands at around $22,700, while Ethereum (ETH) drops 2.5% and remains at $1,630. Read More
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Sweden lifts rates to 3%, sees rise in spring, to start bond sales in April
Thursday 09 Feb 2023
(Sharecast News) - Sweden's central bank lifted its benchmark policy rate to by 0.5 percentage points to 3% on Thursday and said a further rise was likely in the spring as it also announced a governme... Read More
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German consumer prices rise by less than expected in January
Thursday 09 Feb 2023
(Sharecast News) - The cost of living in Germany rose by less than expected by economists at the start of 2023. Read More
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Fed's Williams says there's still 'work to do', 'a lot of uncertainty ' around inflation outlook
Wednesday 08 Feb 2023
(Sharecast News) - The Federal Reserve has its work cut out for it in bringing supply and demand into balance, a top official said. Read More
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Cryptos rebound; Powell boosts Bitcoin above $23,000
Wednesday 08 Feb 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises 1.2% in the last 24 hours and exceeds $23,200, while Ethereum (ETH) soars 2.6% and flirts with $1,700. Read More
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Fed's Powell says message from last policy meeting was that "disinflation process" had begun
Tuesday 07 Feb 2023
(Sharecast News) - The head of the US central bank told an audience that the "message" from its last policy meeting was that the "disinflation process" had begun. Read More
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US foreign trade deficit widens a tad less than expected in January
Tuesday 07 Feb 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened by less than expected at the end of 2022, as import growth picked up. Read More
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Fed's Kashkari tells CNBC rates headed to 5.25-5.5%
Tuesday 07 Feb 2023
(Sharecast News) - A top US central bank official made the case for "aggressive" interest rate hikes in the wake of recent far stronger-than-expected readings for hiring. Read More
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Nervousness abounds in cryptos and Bitcoin as they await Powell's remarks
Tuesday 07 Feb 2023
(Sharecast News) - Few movements in cryptocurrencies, while they wait for Federal Reserve (Fed) Chairman Jerome Powell to speak today, on Tuesday. Bitcoin (BTC) is practically flat in the last 24 hour... Read More
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German industrial production falls more than expected
Tuesday 07 Feb 2023
(Sharecast News) - German industrial production fell much more than expected in December, according to figures released by Destatis on Tuesday. Read More
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Liberum downgrades Taylor Wimpey on valuation grounds
Monday 06 Feb 2023
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector. Read More
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Eurozone retail sales fall more than expected in December
Monday 06 Feb 2023
(Sharecast News) - Eurozone retail sales fell a little more than expected in December, according to figures released on Monday by Eurostat. Read More
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German factory orders rebound in December on large-scale demand
Monday 06 Feb 2023
(Sharecast News) - German factory orders bounced back in December as large-scale orders boosted demand, according to official data released on Monday. Read More
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US services sector activity rebounds in January
Friday 03 Feb 2023
(Sharecast News) - Activity in the US services sector rebounded sharply at the beginning of the year, led by a surge in new orders, the results of a closely followed survey revealed. Read More
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US non-farm payrolls jump by 517,000 in January
Friday 03 Feb 2023
(Sharecast News) - Hiring in the US shot higher at the start of 2023. Read More
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