Commodities News
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German GDP contracts less than expected in Q3
Monday 30 Oct 2023
(Sharecast News) - The German economy shrunk less than expected in the third quarter, figures from the federal statistics office Destatis revealed on Monday. Read More
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Fed's preferred inflation gauge eases in September
Friday 27 Oct 2023
(Sharecast News) - The US Federal Reserve's preferred inflation gauge eased in September, according to figures released on Friday by the Commerce Department. Read More
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US Q3 GDP jumps past forecasts, inflation slows
Thursday 26 Oct 2023
(Sharecast News) - America's economy grew at an accelerated pace during the third quarter, bolstered by household spending, while price pressures ebbed further. Read More
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Weekly US jobless claims rise as expected
Thursday 26 Oct 2023
(Sharecast News) - Jobless claims in the U.S. rose as expected during the preceding week, reflecting companies' efforts to hold onto workers. Read More
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ECB leaves interest rates on hold, as expected
Thursday 26 Oct 2023
(Sharecast News) - The European Central Bank left interest rates on hold on Thursday, as widely expected, after 10 consecutive hikes. Read More
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US new home sales surge in September
Wednesday 25 Oct 2023
(Sharecast News) - New home sales in the US came in at an accelerated clip in September, rising 12.3% month-on-month to the highest level seen since February 2022. Read More
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German business sentiment surprises on the upside
Wednesday 25 Oct 2023
(Sharecast News) - Business sentiment in Germany strengthened in October, a closely-watched survey showed on Wednesday. Read More
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China approves £110bn sovereign bond issue
Wednesday 25 Oct 2023
(Sharecast News) - Beijing has backed a major sovereign bond issue as the authorities look to boost China's faltering economy. Read More
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US business activity picks up a little in October
Tuesday 24 Oct 2023
(Sharecast News) - US business activity picked up a little in October, while inflationary pressures eased, according to a survey out on Tuesday. Read More
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Eurozone composite PMI drops to three-year low in October
Tuesday 24 Oct 2023
(Sharecast News) - The economic downturn in the Eurozone deepened in October, with private sector output declining at its steepest rate in 35 months, according to 'flash' purchasing managers' indices ... Read More
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German consumer sentiment weakens further as recovery hopes fades
Tuesday 24 Oct 2023
(Sharecast News) - Consumer sentiment in Germany declined for a third straight month in October, as hopes of a recovery before the end of the year begin to fade. Read More
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Gold and oil prices jump on geopolitical unrest
Friday 20 Oct 2023
(Sharecast News) - Commodity prices continued to rise on Friday, as tensions escalated across the Middle East. Read More
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China leaves benchmark rates unchanged
Friday 20 Oct 2023
(Sharecast News) - China's central bank left the cost of borrowing unchanged on Friday, as the country's economy showed signs of stabilising. Read More
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German producer prices suffer worst year-on-year drop on record
Friday 20 Oct 2023
(Sharecast News) - German producer prices suffered their worst year-on-year fall in September since records began in 1949, according to figures released by Destatis on Friday. Read More
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US existing home sales dip in September
Thursday 19 Oct 2023
(Sharecast News) - Existing home sales in the U.S. exceeded expectations slightly in September. Read More
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Philly Fed index improves by less than expected in October
Thursday 19 Oct 2023
(Sharecast News) - The slowdown in factory sector activity in the U.S. mid-Atlantic region eased a tad in October. Read More
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Weekly US jobless claims continue to slip unexpectedly
Thursday 19 Oct 2023
(Sharecast News) - US corporates continued to husband staff, contrary to expectations. Read More
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US housing starts rebound by less than expected in September as rates drag
Wednesday 18 Oct 2023
(Sharecast News) - Homebuilding activity in the U.S. rebounded last month, but by less than expected held as higher interest rates dragged on activity. Read More
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Eurozone inflation drops to 4.3% to September, latest figures confirm
Wednesday 18 Oct 2023
(Sharecast News) - Inflation in the Eurozone slowed considerably in September, official figures confirmed on Wednesday, raising hopes that the growth rate in consumer prices should continue to ease cl... Read More
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China GDP growth beats expectations
Wednesday 18 Oct 2023
(Sharecast News) - China's economy grew by nearly 5% in the third quarter, official data showed on Wednesday, beating market expectations. Read More
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