Commodities News
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US consumer confidence hits seven-month high, inflation expectations rise
Friday 06 Dec 2024
(Sharecast News) - Consumer confidence in the US rose for a fifth month running in December, the results of a closely followed survey revealed. Read More
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Eurozone GDP growth picks up in Q2
Friday 06 Dec 2024
(Sharecast News) - Economic output in the euro area rose more quickly over the three months ending in September than over the preceding quarter, as Germany skirted recession and aggregate demand in Ir... Read More
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German industrial production falls unexpectedly in October
Friday 06 Dec 2024
(Sharecast News) - German industrial production fell unexpectedly in October, due to declines in energy production and the automotive industry, according to official data published on Friday. Read More
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Crude prices gain as OPEC+ extends supply cuts
Thursday 05 Dec 2024
(Sharecast News) - Oil prices were up on Thursday as OPEC+ members agreed to extend supply cuts for three months to the end of March after their recent non-ministerial meeting. Read More
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US initial jobless claims rise to 224,000
Thursday 05 Dec 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 30 November, according to the Labor Department, hitting 224,000, up from 213,000 in the... Read More
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Eurozone retail sales fall more than expected
Thursday 05 Dec 2024
(Sharecast News) - Retail sales in the eurozone fell for the first time in four months in October, reversing gains made the month before, according to figures out on Thursday from Eurostat. Read More
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New orders slide in Eurozone construction sector - PMI
Thursday 05 Dec 2024
(Sharecast News) - The Eurozone's construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc's faltering economy. Read More
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German factory orders fall less than expected
Thursday 05 Dec 2024
(Sharecast News) - Factory orders in Germany slipped back in October after an upwardly revised surge the previous month, according to figures out on Thursday from Destatis. Read More
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ISM services PMI declines in November
Wednesday 04 Dec 2024
(Sharecast News) - The Institute for Supply Management's November services PMI declined to 52.1 in November, down from 56 in October and well and truly short of expectations for a reading of 55.5. Read More
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US private sector adds fewer jobs than expected in November - ADP
Wednesday 04 Dec 2024
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP. Read More
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US weekly mortgage applications rise 2.8pc
Wednesday 04 Dec 2024
(Sharecast News) - US mortgage applications rose 2.8% in the week ended 29 November, according to the Mortgage Bankers Association. Read More
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OECD ups growth forecast but warns of risks from protectionism, geopolitics
Wednesday 04 Dec 2024
(Sharecast News) - Global economic activity is expected to accelerate next year, according to the OECD, but geopolitical instability and protectionist moves by governments threaten to disrupt the path... Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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Eurozone producer prices rise as expected
Wednesday 04 Dec 2024
(Sharecast News) - Industrial producer prices in the eurozone increased as expected in October, according to figures out on Wednesday from Eurostat. Read More
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China services growth eases in November - Caixin
Wednesday 04 Dec 2024
(Sharecast News) - Growth in China's services sector eased in November, according to data released on Wednesday. Read More
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South Korean president declares martial law
Tuesday 03 Dec 2024
(Sharecast News) - South Korea's president declared emergency martial law, arguing that it was needed to defend the country from communists in North Korea. Read More
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US job openings rise to 7.74m in October
Tuesday 03 Dec 2024
(Sharecast News) - US job openings rose to 7.74m in October, according to the Bureau of Labor Statistics, up from a downwardly revised 7.37m in September and above market expectations for a reading of... Read More
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Eurozone unemployment holds steady at record low
Monday 02 Dec 2024
(Sharecast News) - Unemployment in the eurozone held steady a record low for the third straight month in October, according to figures out on Monday from Eurostat. Read More
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Eurozone manufacturing outlook remains bleak as contraction worsens
Monday 02 Dec 2024
(Sharecast News) - The manufacturing downturn across the eurozone worsened in November, data from S&P Global and Hamburg Commercial Bank (HCOB) confirmed on Monday, with the rate of contraction accele... Read More
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