Commodities News
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Eurozone economy grows for first time since June 2022
Friday 03 Feb 2023
(Sharecast News) - The eurozone economy grew in January for the first time since June 2022, according to a survey released on Friday. Read More
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Bitcoin and cryptocurrencies fall, pending the US jobs report
Friday 03 Feb 2023
(Sharecast News) - The cryptocurrency market falls once again. Bitcoin (BTC) has dropped more than 1.5% in the last 24 hours and is below $23,500 after reaching over $24,000 previously. For its part, ... Read More
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China services activity expands more than expected
Friday 03 Feb 2023
(Sharecast News) - Activity in China's services sector expanded more than expected in January as Covid curbs were eased, according to data released on Friday. Read More
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London close: Stocks jump as investors eye interest rate peak
Thursday 02 Feb 2023
(Sharecast News) - London stocks jumped on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row. Read More
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ECB raises rates by 50bp, flags March hike
Thursday 02 Feb 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates by 50 basis points on Thursday as was widely expected. Read More
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US layoff announcements more than double in January, Challenger says
Thursday 02 Feb 2023
(Sharecast News) - US layoff announcements more than doubled in January as firms girded themselves for an anticipated recession, according to the latest tally from one of the country's best known staf... Read More
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Weekly US jobless claims slip lower again
Thursday 02 Feb 2023
(Sharecast News) - Unemployment claims in the US continued to run below forecasts over the preceding week, defying expectations for a post-Christmas rebound. Read More
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US Q4 labour productivity beats forecasts, limiting unit cost growth
Thursday 02 Feb 2023
(Sharecast News) - Fourth quarter labour productivity in the US was higher than expected, helping to limit unit labour cost growth. Read More
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Germany manufacturing materials shortages fall in January - Ifo
Thursday 02 Feb 2023
(Sharecast News) - Materials shortages have decreased in German manufacturing, according to a survey by the Ifo economic institute published on Thursday. Read More
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Bitcoin aims for $24,000, helped by the Fed´s speech
Thursday 02 Feb 2023
(Sharecast News) - There are very strong gains for cryptocurrencies. Bitcoin (BTC) rallies more than 3% and is aiming for $24,000, while Ethereum (ETH) soars 5.83% to $1,660 and is trying to test $1,7... Read More
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Copper output boosts production at Anglo American
Thursday 02 Feb 2023
(Sharecast News) - Anglo American saw fourth-quarter production jump, the miner said on Thursday, boosted by strong copper output. Read More
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German exports fall 6.3% in December
Thursday 02 Feb 2023
(Sharecast News) - German exports fell more than expected in December as the impact of high inflation and the war in Ukraine hit trade, according to official data released on Thursday. Read More
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Fed raises rates by 25bp, says more hikes anticipated
Wednesday 01 Feb 2023
(Sharecast News) - The US central bank raised the range for its benchmark interest rate by 25 basis points to 4.5-4.75% and said it foresaw further hikes. Read More
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US factory sector activity shrinks more quickly than expected in January, ISM says
Wednesday 01 Feb 2023
(Sharecast News) - Factory sector activity in the US shrank more quickly than expected at the beginning of 2023, the results of a closely followed survey showed. Read More
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US hiring slows in January impacted by extreme weather, ADP says
Wednesday 01 Feb 2023
(Sharecast News) - Hiring in the US private sector slowed significantly at the start of 2023, the results of a survey revealed. Read More
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US job openings jump in December
Wednesday 01 Feb 2023
(Sharecast News) - Labour demand in the States remained high at the end of 2022, a very closely followed survey showed. Read More
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US factory activity shrinks at the start of 2023, S&P Global says
Wednesday 01 Feb 2023
(Sharecast News) - The decline in US factory activity at the start of 2023 was a tad less than previously thought, revised results to a closely followed survey revealed. Read More
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OPEC+ keeps crude oil output quotas steady
Wednesday 01 Feb 2023
(Sharecast News) - The Organisation of Petroleum Exporting Countries and its main producer allies decided to keep their production quotas steady. Read More
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Eurozone inflation falls more than expected in January
Wednesday 01 Feb 2023
(Sharecast News) - Headline inflation in the eurozone fell more than expected in January, according to a flash estimate released on Wednesday by Eurostat. Read More
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Tense calm for cryptocurrencies; the market awaits Powell and the Fed
Wednesday 01 Feb 2023
(Sharecast News) - There´s a tense calm in the cryptocurrency market. Bitcoin (BTC) rises 0.47% and regains $23,000 after Tuesday's steep losses, while Ethereum (ETH) is trading slightly lower, at aro... Read More
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