Commodities News
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Eurozone inflation eases as energy prices fall
Friday 06 Jan 2023
(Sharecast News) - Eurozone inflation fell more sharply than expected in December as energy prices retreated, according to data released on Friday by Eurostat. Read More
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Putin calls 36-hour unilateral cease-fire for Orthodox Christmas
Friday 06 Jan 2023
(Sharecast News) - Russia President Vladimir Putin announced a unilateral 36-hour ceasefire around the 7 January Orthodox Christian celebrations which was quickly rejected by authorities in Kyiv. Read More
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US job cut announcements fall back in December, Challenger says
Thursday 05 Jan 2023
(Sharecast News) - US job cut announcements fell at the end of 2022 closing off a year that saw the second-lowest total tally since 1993, the results of a closely followed survey showed. Read More
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UK govt reverses plan to sell Channel 4
Thursday 05 Jan 2023
(Sharecast News) - The UK government has performed yet another u-turn and formally abandoned controversial and unpopular plans to privatise the broadcaster Channel 4. Read More
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US private sector adds more jobs than expected in December
Thursday 05 Jan 2023
(Sharecast News) - Private sector employment in the US rose more than expected in December, according to the latest data from ADP. Read More
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US foreign trade deficit plunges in November as imports shrink sharply
Thursday 05 Jan 2023
(Sharecast News) - America's shortfall on trade with the rest of the world narrowed sharply in November. Read More
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Weekly US jobless claims come in below forecasts
Thursday 05 Jan 2023
(Sharecast News) - Unemployment claims were stronger than expected during the final week of 2022, reflecting lower layoffs and only slightly decreased hiring over holidays. Read More
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EZ construction showing 'sustained contraction' - survey
Thursday 05 Jan 2023
(Sharecast News) - The eurozone's construction sector is suffering a "sustained contraction", according to the latest PMI survey by S&P Global. Read More
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IMF's Gopinath tells FT Fed should stay the course
Thursday 05 Jan 2023
(Sharecast News) - Inflation has not turned the corner yet in the world's largest economy, the International Monetary Fund's number two official said. Read More
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IMF's Gopinath tells FT Fed should stay the course
Thursday 05 Jan 2023
(Sharecast News) - Inflation has not turned the corner yet in the world's largest economy, the International Monetary Fund's number two official said. Read More
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German exports fall in November
Thursday 05 Jan 2023
(Sharecast News) - German exports fell in November as trade with its biggest commercial partners, including China, slowed, according to official data released on Thursday. Read More
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China Caixin services PMI rises in December but remains in contraction
Thursday 05 Jan 2023
(Sharecast News) - Activity in China's services sector improved in December, but remained in contraction territory. Read More
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US factory sector activity cools a bit more in December, ISM says
Wednesday 04 Jan 2023
(Sharecast News) - Activity in the US manufacturing sector cooled a bit more but roughly as expected during the last month of 2022, the results of a closely-followed survey showed. Read More
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Fed's Kashkari lays out case for Fed funds rate at 5.4%, sounds hawkish note
Wednesday 04 Jan 2023
(Sharecast News) - A top US central bank official laid out on Wednesday his reasoning for the need to raise interest rates by more than financial markets were currently anticipating. Read More
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US job openings remain near cycle highs in November, quits tick higher
Wednesday 04 Jan 2023
(Sharecast News) - A key gauge of labour market tightness in the US was little changed towards the end of 2022, contrary to expectations, the results of a closely-followed survey revealed. Read More
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EZ final PMI contracts less than expected
Wednesday 04 Jan 2023
(Sharecast News) - Eurozone business activity contracted less than initially thought in December, according to a final PMI survey reading released on Wednesday. Read More
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Europe close: Stocks rise, helped by latest inflation and jobs numbers out of Germany
Tuesday 03 Jan 2023
(Sharecast News) - The new-year rally in European shares continued on Tuesday helped by better than expected inflation and labour market data from Germany. Read More
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US construction spending rises in November
Tuesday 03 Jan 2023
(Sharecast News) - Outlays on construction in the US grew by more than expected in November even as public sector spending and on residential construction fell. Read More
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Ex-Fed's Dudley says US recession likely, but probably will not be severe
Tuesday 03 Jan 2023
(Sharecast News) - An economic recession in the US, while likely, would probably not be severe, a former top Federal Reserve official reportedly said. Read More
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German unemployment surprises to the downside in December
Tuesday 03 Jan 2023
(Sharecast News) - Germany's labour market continued to exhibit resilience last month, possibly due in part to companies' reluctance to lay off workers. Read More
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