Commodities News
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US composite PMI eases as service-sector growth slows
Thursday 22 Feb 2024
(Sharecast News) - Private-sector activity growth in the US eased slightly in February, according to figures released on Thursday by S&P Global, as a slight slowdown in the services sector outweighed ... Read More
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US initial jobless claims hit lowest level in five weeks
Thursday 22 Feb 2024
(Sharecast News) - Americans lined up for state benefits at a decelerated pace in the week ended 17 February, according to the Labor Department, hitting the lowest level for new claims in five weeks. Read More
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Eurozone inflation edges lower in January
Thursday 22 Feb 2024
(Sharecast News) - Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected. Read More
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Eurozone activity downturn easing as services recover - PMI
Thursday 22 Feb 2024
(Sharecast News) - The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday. Read More
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Germany slashes growth forecasts for 2024
Wednesday 21 Feb 2024
(Sharecast News) - Germany sharply lowered its economic forecasts on Wednesday, in response to faltering global demand and growing geopolitical uncertainty. Read More
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PBoC trims five-year loan prime rate more than expected
Tuesday 20 Feb 2024
(Sharecast News) - Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June. Read More
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German economy now likely in recession - Bundesbank
Monday 19 Feb 2024
(Sharecast News) - Germany's Bundesbank warned on Monday that Europe's largest economy was now likely in recession, with external demand weak, consumers remaining cautious, and domestic investment bei... Read More
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US producer prices rise more quickly than anticipated in January
Friday 16 Feb 2024
(Sharecast News) - Wholesale prices in America rose more quickly than anticipated last month. Read More
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US consumer confidence steady in February
Friday 16 Feb 2024
(Sharecast News) - Consumer confidence in the U.S. was little changed in early February, albeit after two months of large gains, the results of a closely-followed survey revealed. Read More
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US retail sales drop sharply at the start of the year
Thursday 15 Feb 2024
(Sharecast News) - Americans reined in their spending unexpectedly at the start of 2024. Read More
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Philly Fed index jumps in February
Thursday 15 Feb 2024
(Sharecast News) - Factory sector activity in the mid-Atlantic region improved significantly in February, the results of a closely-followed survey revealed. Read More
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US jobless claims drop unexpectedly during latest week
Thursday 15 Feb 2024
(Sharecast News) - The U.S. labour market continued to show only limited signs of easing during the previous week. Read More
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European Commission trims growth forecasts
Thursday 15 Feb 2024
(Sharecast News) - Brussels downgraded growth forecasts for the Eurozone on Thursday, as higher interest rates continue to weigh heavily. Read More
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Eurozone avoids technical recession as flat Q4 GDP reading confirmed
Wednesday 14 Feb 2024
(Sharecast News) - The eurozone managed to avoid a technical recession in the final three months of last year as the bloc's stagnant GDP data was confirmed. Read More
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Eurozone industrial output rises unexpectedly, employment holds steady
Wednesday 14 Feb 2024
(Sharecast News) - Eurozone manufacturing rose unexpectedly in December, according to fresh data released on Wednesday, suggesting a revitalisation of industrial output alongside stable employment gro... Read More
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US inflation rises faster than thought in January
Tuesday 13 Feb 2024
(Sharecast News) - Inflation rose at a faster-than-expected rate in January, according to the Bureau of Labor Statistics, with shelter prices accounting for much of the increase. Read More
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German sentiment jumps despite economic gloom - ZEW
Tuesday 13 Feb 2024
(Sharecast News) - Economic sentiment strengthened in Germany this month, a closely-watched survey showed on Tuesday, despite the country's economy continuing to struggle. Read More
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German inflation eases to 2.9% in January
Friday 09 Feb 2024
(Sharecast News) - German inflation fell to 2.9% January in line with preliminary data, down from 3.7% in December, and driven by a sharp fall in energy costs, according to official data released on F... Read More
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US jobless claims decrease by 9,000
Thursday 08 Feb 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 2 February, according to the Labor Department. Read More
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China deflation accelerates in January as demand stagnates
Thursday 08 Feb 2024
(Sharecast News) - Deflation in China accelerated at its fastest pace in 15 years, as weak demand continued to hamper Communist Party efforts to bolster the struggling economy. Read More
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