Commodities News
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Riksbank stands pat on rates, signals up to three more cuts this year
Thursday 27 Jun 2024
(Sharecast News) - Sweden's central bank held its key interest rate at 3.75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually". Read More
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German sentiment unexpectedly dips as recovery stalls
Wednesday 26 Jun 2024
(Sharecast News) - A closely followed gauge of consumer sentiment in Germany unexpectedly fell further into negative territory, declining for the first time in five months. Read More
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US consumer confidence little changed in June thanks to jobs market
Tuesday 25 Jun 2024
(Sharecast News) - Americans' confidence in the economy was little changed in June thanks to robust jobs markets, the results of a survey found. Read More
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US house prices hit fresh high in April, S&P says
Tuesday 25 Jun 2024
(Sharecast News) - US house prices hit fresh record highs in April, the results of a closely-followed survey revealed. Read More
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Airbus cuts profit guidance on Space, lowers jet delivery forecast
Tuesday 25 Jun 2024
(Sharecast News) - Airbus warned of a hit to its bottom line and cash flow as a result of charges incurred on certain of its space activities. Read More
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Sector movers: Stocks gain as investors stop chasing gains in tech
Monday 24 Jun 2024
(Sharecast News) - Shares in the FTSE 350 continued to rally back towards their all-time highs at the start of the week, as investors rotated back towards value shares while taking some profits in tec... Read More
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German business sentiment deteriorates in June - Ifo
Monday 24 Jun 2024
(Sharecast News) - German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute. Read More
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German business sentiment deteriorates in June - Ifo
Monday 24 Jun 2024
(Sharecast News) - German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute. Read More
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Existing US home sales dip in May, but prices at record highs
Friday 21 Jun 2024
(Sharecast News) - Sales of second hand homes in the US dipped just as expected last month, albeit alongside a fresh record high in prices. Read More
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US factory and services activity rises unexpectedly in June, PMIs show
Friday 21 Jun 2024
(Sharecast News) - Economic activity in the US picked up unexpectedly over the first half of June, the results of two surveys showed. Read More
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Eurozone recovery unexpectedly slows - PMI
Friday 21 Jun 2024
(Sharecast News) - The eurozone's nascent economic recovery unexpectedly slowed in June, official data showed on Friday, weighed down by weakness in the manufacturing sector. Read More
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Japanese 'core-core' inflation continues downward trend
Friday 21 Jun 2024
(Sharecast News) - The growth in Japanese consumer prices accelerated sharply in May but underlying inflation slowed more than expected, adding uncertainty to the interest-rate outlook. Read More
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US housing starts and building permits drop to four-year lows
Thursday 20 Jun 2024
(Sharecast News) - Both housing starts and building permits in the United States dropped sharply in May to their lowest levels since mid-2020, according to data released on Thursday. Read More
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Sales of electric vehicles fall in Europe
Thursday 20 Jun 2024
(Sharecast News) - Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably. Read More
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Norwegian central bank holds rates steady, won't ease policy until next year
Thursday 20 Jun 2024
(Sharecast News) - Norway's central bank kept interest rates unchanged on Thursday and warned that inflation will likely remain elevated for some time, with monetary policy likely to remain stable unt... Read More
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Switzerland cuts interest rates again
Thursday 20 Jun 2024
(Sharecast News) - The Swiss National Bank cut its key rate on Thursday to 1.25% from 1.5%. Read More
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German wholesale price deflation eases
Thursday 20 Jun 2024
(Sharecast News) - Producer-price deflation in Germany softened in May to its lowest level in 11 months, according to data out on Thursday from the Federal Statistical Office, Destatis. Read More
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China holds hey rates steady
Thursday 20 Jun 2024
(Sharecast News) - China left key lending rates unchanged at its monthly fixing, in line with expectations. Read More
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Eurozone construction output falls 0.2% in April
Wednesday 19 Jun 2024
(Sharecast News) - Eurozone construction output fell 0.2% in April 2024 compared with the prior month, according to flash estimates from Eurostat, the statistical office of the European Union. Read More
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US industrial production shoots past forecasts in May, capacity use jumps
Tuesday 18 Jun 2024
(Sharecast News) - Industrial production in the States shot higher last month on the back of increased levels of output in manufacturing and from utilities. Read More
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