Commodities News
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Japan core inflation rate falls in July
Friday 18 Aug 2023
(Sharecast News) - Japan's core inflation rate fell to 3.1% in July from 3.3% in the previous month, in line with expectations. Read More
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Chinese property giant Evergrande files for bankruptcy
Friday 18 Aug 2023
(Sharecast News) - Evergrande, the heavily indebted Chinese property group and once the country's second developer, on Thursday filed for chapter 15 bankruptcy in New York - indicating the ongoing rea... Read More
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US jobless claims fall as expected
Thursday 17 Aug 2023
(Sharecast News) - US weekly jobless claims declined more or less as expected last week, according to statistics released Thursday by the Department of Labor. Read More
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Notable drop in cryptocurrencies after Fed's inflation alert
Thursday 17 Aug 2023
(Sharecast News) - New setback in the cryptocurrency market. Bitcoin (BTC) has fallen sharply in the last 24 hours, dropping about 1.7% and falling back to $28,600. Ethereum (ETH) has followed in its ... Read More
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EZ Q2 final GDP confirmed at 0.3% rise
Wednesday 16 Aug 2023
(Sharecast News) - Eurozone GDP rose by 0.3% in the second quarter of the year compared with the prior three months, according to official final figures. Read More
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US retail sales rose more than expected in July
Tuesday 15 Aug 2023
(Sharecast News) - US retail sales rose in July for the fourth month in a row, helped by a big boost from Amazon Prime Day. Read More
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Russia lifts rates to 12% in move to prop up rouble
Tuesday 15 Aug 2023
(Sharecast News) - Russia on Tuesday made an emergency 3.5 percentage point increase in interest rates as it tried to prop up its currency, the rouble. Read More
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China suspends youth jobs figures as data misses estimates
Tuesday 15 Aug 2023
(Sharecast News) - China's economic woes continued last month, as a deluge of data missed estimates and the country's statistics bureau controversially suspended publication of youth unemployment figu... Read More
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Japan Q2 GDP growth beats expectations
Tuesday 15 Aug 2023
(Sharecast News) - Japan's economy expanded for the third quarter in a row driven by growth in exports on the back of a weak yen, according to provisional data published on Tuesday. Read More
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China makes surprise cut to rates as economy falters
Tuesday 15 Aug 2023
(Sharecast News) - The People's Bank of China made a surprise cut to interest rates on Tuesday as it looked to stimulate economic demand amid a sputtering recovery. Read More
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Few movement in cryptos; "Bitcoin hasn´t gone anywhere"
Monday 14 Aug 2023
(Sharecast News) - There´s very little movement in the cryptocurrency market. Bitcoin (BTC) is practically flat on Monday and is below $29,400, while Ethereum (ETH) remains below $1,850. Read More
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US consumer confidence is little changed in August, U.Michigan says
Friday 11 Aug 2023
(Sharecast News) - Consumer confidence in the U.S. was little changed at the start of August, the results of a closely followed survey revealed. Read More
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US producer prices rise 0.3% in July
Friday 11 Aug 2023
(Sharecast News) - US producer price inflation ticked up in July, the Bureau of Labor Statistics revealed on Friday. Read More
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The crypto market stalls as Bitcoin remains stuck at $29,500
Friday 11 Aug 2023
(Sharecast News) - With hardly any volatility or movement ocurring, the cryptocurrency market seems paralyzed this week. Bitcoin, in particular, is at a standstill in the $29,500 area after briefly to... Read More
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US consumer prices rise 0.2% in July
Thursday 10 Aug 2023
(Sharecast News) - US consumer prices inflation ticked up 0.2% in July, according to official government statistics on Thursday, matching economists' expectations. Read More
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Bitcoin stabilizes near the $29,500 level ahead of U.S. CPI report
Thursday 10 Aug 2023
(Sharecast News) - While awaiting the release of the US CPI data, Bitcoin´s price stabilizes near the $29,500 level after a week in which the cryptocurrency reached the area of $30,000. A level that i... Read More
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Bitcoin flirts with $30,000, a key level to regain upside momentum
Wednesday 09 Aug 2023
(Sharecast News) - Bitcoin flirts with $30,000, a level that it managed to reach for a few hours and that is key to regain its upward momentum. However, the cryptocurrency fails to settle in that area... Read More
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China slips into deflation in July
Wednesday 09 Aug 2023
(Sharecast News) - The cost of living in the People's Republic of China fell by a tad less than expected last month. Read More
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Italy hits banks with windfall tax
Tuesday 08 Aug 2023
(Sharecast News) - A surprise 40% windfall tax has been levied on Italian bank profits to help households and small businesses struggling with the cost of living, the government has announced. Read More
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Central bank may be at point where rates do not need to rise further, Fed's Harker says
Tuesday 08 Aug 2023
(Sharecast News) - The U.S. central bank may have reached a point at which it no longer needs to hike interest rates further - maybe - a top official said. Read More
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