Commodities News
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US retail sales edge up slightly in May
Tuesday 18 Jun 2024
(Sharecast News) - Americans kept their purse strings nearly closed in May. Read More
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German business sentiment improves less than expected - ZEW
Tuesday 18 Jun 2024
(Sharecast News) - German business sentiment improved less than expected in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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Services prices push euro area CPI higher in May
Tuesday 18 Jun 2024
(Sharecast News) - The cost of living in the single currency bloc rose a tad last month as the cost of services picked up. Read More
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RBA holds rates steady but warns of upside risks as inflation persists
Tuesday 18 Jun 2024
(Sharecast News) - The Reserve Bank of Australia board left its cash rate on hold at 4.35% but warned that persistent inflation and slowing economic growth meant it was ruling "anything in or out" on ... Read More
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NY Empire State manufacturing index contracts again
Monday 17 Jun 2024
(Sharecast News) - Manufacturing activity in the state of New York weakened again in June, according to a survey released on Monday. Read More
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Chinese retail sales accelerate, but industrial production slows
Monday 17 Jun 2024
(Sharecast News) - Retail sales in China smashed forecasts in May, according to data released by National Bureau of Statistics on Monday, though industrial production growth slowed much more than expe... Read More
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US consumer confidence little changed in June, University of Michigan says
Friday 14 Jun 2024
(Sharecast News) - US consumer confidence was little changed come June despite high prices, the preliminary results of a closely followed survey revealed. Read More
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US import prices stage unexpected May drop
Friday 14 Jun 2024
(Sharecast News) - The cost of goods purchased overseas by the US declined unexpectedly in May. Read More
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EU trade balance shifts into surplus
Friday 14 Jun 2024
(Sharecast News) - The Eurozone trade balance moved into surplus in April, official data showed on Friday, although the amount came in below market expectations. Read More
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Germany calls on EU to soften China tariffs - report
Friday 14 Jun 2024
(Sharecast News) - Germany is lobbying the European Union to soften or even scrap a proposed tariff hike on Chinese-made electric vehicles, it was reported on Friday. Read More
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Bank of Japan holds rates, remains cautious on unwinding
Friday 14 Jun 2024
(Sharecast News) - The Bank of Japan kept lending rates on hold in its latest decision overnight on Friday, and announced plans to reduce its substantial bond purchases, with detailed tapering plans s... Read More
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Upside surprise in weekly US jobless claims at the start of June
Thursday 13 Jun 2024
(Sharecast News) - The number of people in the States filing for unemployment benefits moved higher during the preceding week. Read More
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US producer prices register unexpected drop in May
Thursday 13 Jun 2024
(Sharecast News) - Wholesale inflation in the US dipped somewhat unexpectedly last month. Read More
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China calls on EU to scrap EV tariffs
Thursday 13 Jun 2024
(Sharecast News) - Beijing has urged the European Union to abandon newly-announced tariffs on Chinese electric vehicles, accusing it of "politicising" trade. Read More
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Eurozone industrial production edges lower, misses forecasts
Thursday 13 Jun 2024
(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday. Read More
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ECB's De Guindos says direction of rates 'clear', but cautious in near-term
Wednesday 12 Jun 2024
(Sharecast News) - Luis de Guindos at the European Central Bank expressed confidence that interest rates were headed lower still, but perhaps more slowly than anticipated. Read More
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US CPI undershoots forecasts in May
Wednesday 12 Jun 2024
(Sharecast News) - The cost of living in the States was unchanged last month, leading markets to price in higher odds of a rate cut in September. Read More
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Starling sees profits surge, flags rise in bad loans
Wednesday 12 Jun 2024
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions Read More
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US mortgage applications surge as Treasury yields fall
Wednesday 12 Jun 2024
(Sharecast News) - US mortgage applications soared 15.6% in the week ended 7 June, according to the Mortgage Bankers Association of America, rebounding from a 5.2% drop in the previous week and erasin... Read More
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EU to slap tariff of up to 38pc on Chinese EVs
Wednesday 12 Jun 2024
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and r... Read More
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