Commodities News
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China falls back into deflation as pork prices tumble
Thursday 09 Nov 2023
(Sharecast News) - China fell back into deflationary territory in October as pork prices slid, according to data released on Thursday by the National Bureau of Statistics. Read More
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Mortgage applications rise 2.5% as rates drop
Wednesday 08 Nov 2023
(Sharecast News) - Mortgage applications in the US jumped last week as fees on borrowing dropped in the wake of data showing a softening labour market, though levels still remain a low levels. Read More
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Powell keeps quiet on Fed policy, but urges "flexible" approach to forecasting
Wednesday 08 Nov 2023
(Sharecast News) - Federal Reserve chair Jerome Powell gave no hints at future monetary policy in an eagerly awaited speech in Washington on Wednesday, but did call on economists to be "flexible and d... Read More
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Eurozone retail sales decline for third straight month
Wednesday 08 Nov 2023
(Sharecast News) - Retail sales in the Eurozone fell by 0.3% in September, declining for the third straight month, according to data released on Wednesday by Eurostat. Read More
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German inflation slows to two-year low, as expected
Wednesday 08 Nov 2023
(Sharecast News) - German inflation dropped to its lowest level in over two years last month, according to final figures released Wednesday by the federal statistics office, as energy prices sank and ... Read More
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Weakness persists across most European sectors in October
Tuesday 07 Nov 2023
(Sharecast News) - General demand weakness persisted across European sectors in October, with the latest S&P Global Europe sector purchasing managers' index (PMI) data indicating sluggish growth. Read More
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IMF lifts Chinese GDP forecasts for 2023 and 2024
Tuesday 07 Nov 2023
(Sharecast News) - The International Monetary Fund has raised its growth outlook for the Chinese economy after recent resilient economic data. Read More
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China's exports slide as imports unexpectedly jump
Tuesday 07 Nov 2023
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside. Read More
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Reserve Bank of Australia ups interest rates
Tuesday 07 Nov 2023
(Sharecast News) - Australia's central bank lifted interest rates to a 12-year high on Tuesday, in response to persistent inflation. Read More
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Eurozone construction sees sharpest drop in 10 months
Tuesday 07 Nov 2023
(Sharecast News) - Eurozone construction activity experienced its most significant decline in 10 months in October, according to fresh survey data released on Tuesday. Read More
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German industrial output drops 1.4% in September
Tuesday 07 Nov 2023
(Sharecast News) - German industrial production dropped much more than expected in September, according to figures out Tuesday from the federal statistics office Destatis. Read More
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Eurozone services PMI contracts as expected in October
Monday 06 Nov 2023
(Sharecast News) - The Eurozone's services sector contracted for the third straight month in October as expected, with final figures released on Monday confirming earlier 'flash' estimates. Read More
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Korean markets surge on reinstatement of short-selling ban
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities. Read More
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German factory orders rise, but revisions paint gloomy outlook
Monday 06 Nov 2023
(Sharecast News) - Factory orders in Germany unexpectedly rose in September, figures from the Deutsche Bundesbank revealed on Monday, though downward revisions to previous data point to a bleak outloo... Read More
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US economy adds fewer jobs than expected in October
Friday 03 Nov 2023
(Sharecast News) - The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics. Read More
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CMA secures data commitments from Amazon and Meta
Friday 03 Nov 2023
(Sharecast News) - The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competiti... Read More
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German exports and imports both weaken in September
Friday 03 Nov 2023
(Sharecast News) - Fresh data on German trade released on Friday underscored the ongoing fragility faced by Europe's top economy, coming in worse than expected. Read More
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China services PMI picks up less than expected
Friday 03 Nov 2023
(Sharecast News) - Activity in China's services sector picked up less than expected in October, according to figures released on Friday. Read More
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US unit labour costs slip in Q3
Thursday 02 Nov 2023
(Sharecast News) - Labour productivity in the States jumped over the three months to September, helping to push labour costs down. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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