Commodities News
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Amazon wins court battle over Luxembourg back taxes
Thursday 14 Dec 2023
(Sharecast News) - Luxembourg's Court of Justice of the European Union (CJEU) ruled on Thursday that Amazon does not have to pay €250m in back taxes to Luxembourg. Read More
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Norway's central bank hikes interest rates again
Thursday 14 Dec 2023
(Sharecast News) - Norway's central bank hiked rates again on Thursday, as it looked to combat inflation. Read More
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Swiss National Bank leaves rates on hold
Thursday 14 Dec 2023
(Sharecast News) - The Swiss National Bank kept its policy rate unchanged at 1.75% on Thursday, in line with expectations. Read More
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FOMC keeps rates unchanged, but opens door to rate cuts in 2024
Wednesday 13 Dec 2023
(Sharecast News) - Policymakers at the Federal Reserve chose to keep interest rates unchanged for the third straight meeting and hinted at the possibility of monetary loosening in 2024 with inflation ... Read More
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Drop in energy prices keeps U.S. wholesale inflation under wraps in November
Wednesday 13 Dec 2023
(Sharecast News) - Wholesale prices in the States were held in check last month by a drop in energy costs. Read More
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Argentina devalues peso, slashes public spending
Wednesday 13 Dec 2023
(Sharecast News) - Argentina's new hard-right government has devalued its currency by more than half in its first package of economic measures that include slashing public spending. Read More
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Eurozone industrial production drops to three-year low
Wednesday 13 Dec 2023
(Sharecast News) - Industrial output in the eurozone slumped more than expected to a three-year low in October, according to figures out Wednesday from Eurostat. Read More
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US CPI ticks lower to 3.1% year-on-year in November
Tuesday 12 Dec 2023
(Sharecast News) - The cost of living in the U.S. drifted a tad lower in November amid another decline in energy prices. Read More
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Germany investor sentiment strengthens - ZEW
Tuesday 12 Dec 2023
(Sharecast News) - Investor sentiment ticked higher in Germany this month, a closely-watched survey showed on Tuesday, despite the country's faltering economy. Read More
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China CPI falls at fastest rate in 3 years
Monday 11 Dec 2023
(Sharecast News) - China's consumer prices fell at the fastest rate in three years in November, according to data published over the weekend. Read More
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US consumer sentiment improves in December
Friday 08 Dec 2023
(Sharecast News) - US consumer sentiment improved in December as worries about inflation receded, according to a survey released on Friday by the University of Michigan. Read More
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Non-farm payrolls rise more than expected in November
Friday 08 Dec 2023
(Sharecast News) - The US economy added more jobs than expected in November, according to data released on Friday by the Bureau of Labor Statistics. Read More
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Trafigura to pay shareholders $5.9bn on record profits
Friday 08 Dec 2023
(Sharecast News) - Commodities trading giant Trafigura will pay out $5.9bn in dividends, it was confirmed on Friday, after annual profits surged on the back of volatility in the energy sector. Read More
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German inflation confirmed at 29-month low in November
Friday 08 Dec 2023
(Sharecast News) - The final estimate of Germany's consumer price index (CPI) confirmed that inflation fell to its lowest in 29 months in November. Read More
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US jobless claims increase by 1,000
Thursday 07 Dec 2023
(Sharecast News) - Americans lined up for unemployment benefits at a moderately higher clip in the week ended 2 December, as the nation's labour market continued to show signs of slowing down amid eas... Read More
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Eurozone economy stalls in third quarter
Thursday 07 Dec 2023
(Sharecast News) - Europe's economy stalled in the third quarter, official data showed on Thursday, leaving it a risk of recession. Read More
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German October industrial production falls unexpectedly
Thursday 07 Dec 2023
(Sharecast News) - German industrial production unexpectedly fell by 0.4% in October compared to the previous month, according to official data published on Thursday. Read More
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German ind prod
Thursday 07 Dec 2023
(Sharecast News) - Read More
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China's trade surplus widens as imports drop
Thursday 07 Dec 2023
(Sharecast News) - China's trade balance widened substantially more than expected in November as exports unexpectedly rose and imports registered a surprise decline. Read More
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US private sector adds fewer jobs than expected in November
Wednesday 06 Dec 2023
(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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