Commodities News
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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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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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