Commodities News
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US mortgage applications fall 5.1pc
Wednesday 09 Oct 2024
(Sharecast News) - US mortgage applications fell by 5.1% in the week ended 4 October, according to the Mortgage Bankers Association, extending the prior week's 1.3% drop in taking a bite out of the al... Read More
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New Zealand central bank cuts interest rates by 50bp
Wednesday 09 Oct 2024
(Sharecast News) - New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of provid... Read More
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German trade surplus jumps as exports unexpectedly rise
Wednesday 09 Oct 2024
(Sharecast News) - Germany's trade surplus jumped by more than forecast in August as exports unexpectedly grew, according to figures from the Federal Statistical Office on Wednesday. Read More
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NFIB small business optimism index falls short of expectations
Tuesday 08 Oct 2024
(Sharecast News) - The National Federation of Independent Business' September optimism index increased to 91.5 in September, missing forecasts for a print of 91.7 and marking the 33rd consecutive mont... Read More
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Auto industry drive big jump in German Aug industrial production
Tuesday 08 Oct 2024
(Sharecast News) - German industrial production increased more than expected in August, driven by a "significant" jump in the auto industry, according to official data published on Tuesday. Read More
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Auto industry drive big jump in German Aug industrial production
Tuesday 08 Oct 2024
(Sharecast News) - German industrial production increased more than expected in August, driven by a "significant" jump in the auto industry, according to official data published on Tuesday. Read More
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Eurozone retail sales inch higher, meet forecasts
Monday 07 Oct 2024
(Sharecast News) - Retail sales across the eurozone inched higher in August, according to figures released by Eurostat on Monday. Read More
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Sentix investor confidence index rises for first time in four months
Monday 07 Oct 2024
(Sharecast News) - A key gauge of investor sentiment in the eurozone has improved for the first time in four months, as the region attempts to emerge from a prolonged period of stagnation, with confid... Read More
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German factory orders sink sharply as industrial downturn continues
Monday 07 Oct 2024
(Sharecast News) - Factory orders in Germany fell more sharply than expected in August, dropping by their steepest level in seven months, amid an ongoing industrial downturn in Europe's largest econom... Read More
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Non-farm payrolls beat expectations, unemployment rate dips
Friday 04 Oct 2024
(Sharecast News) - The US economy added far more jobs than expected in September while the unemployment rate unexpectedly fell, dashing any expectations of a potential 50 basis points rate cut by the ... Read More
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EU backs steep tariffs on Chinese EV imports
Friday 04 Oct 2024
(Sharecast News) - The European Union is to impose steep tariffs on imports of Chinese electric vehicles, it was confirmed on Friday, after a majority of member states voted in favour. Read More
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Maersk among Friday's fallers as US port strike called off
Friday 04 Oct 2024
(Sharecast News) - Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port strike that had initially raised hopes for a boost in gl... Read More
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Eurozone construction downturn continues as new orders, staffing levels sink
Friday 04 Oct 2024
(Sharecast News) - The decline in construction across the eurozone eased slightly in September, but the downturn remained firmly entrenched, with every member state reporting a contraction in activity... Read More
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US jobless claims increase by 6,000
Thursday 03 Oct 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 28 September, according to the Department of Labor. Read More
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Eurozone PPI growth beats forecasts in August
Thursday 03 Oct 2024
(Sharecast News) - Industrial output in the eurozone rose more than expected in August, according to data released by Eurostat on Thursday. Read More
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Eurozone economy falters as services growth softens
Thursday 03 Oct 2024
(Sharecast News) - The eurozone economy faltered in September, a closely-watched survey showed on Thursday, weighed down by slowing growth in the bloc's dominant services sector. Read More
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US mortgage applications fall 1.3pc
Wednesday 02 Oct 2024
(Sharecast News) - US mortgage applications fell by 1.3% week-on-week in the seven days ended 27 September, according to the Mortgage Bankers Association of America, the first drop in more than a mont... Read More
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Oil prices climb on heightened Middle East fears
Wednesday 02 Oct 2024
(Sharecast News) - Oil prices continued to climb on Wednesday, as fears mounted that conflict was set to spread across the Middle East following Iran's missile attack on Israel. Read More
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Eurozone unemployment holds steady at record low
Wednesday 02 Oct 2024
(Sharecast News) - Unemployment across the eurozone held steady in August at the record-low rate of 6.4%, according to figures from Eurostat on Wednesday. Read More
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US construction spending falls 0.1pc in August
Tuesday 01 Oct 2024
(Sharecast News) - US construction spending fell 0.1% month-on-month to a seasonally adjusted annual rate of $2.13trn in August, according to the Census Bureau, following a revised 0.5% decrease in Au... Read More
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