Commodities News
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China's services sector grows a little less than expected in April
Friday 05 May 2023
(Sharecast News) - Growth in China's services sector was a little weaker than expected in April, according to figures released on Friday. Read More
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US open: Stocks dragged lower by losses for bank index
Thursday 04 May 2023
(Sharecast News) - Wall Street's main stock market gauges got off to a weak start on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve the night before. Read More
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Weekly US jobless claims rise by slightly more than anticipated
Thursday 04 May 2023
(Sharecast News) - US jobless claims rose moderately during the preceding week. Read More
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US Q1 unit labour costs jump past forecasts
Thursday 04 May 2023
(Sharecast News) - An important measure of price pressures emanating from the jobs market jumped past forecasts in the US at the start of 2023. Read More
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ECB hikes by 25bp says inflation outlook remains 'too high for too long'
Thursday 04 May 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long. Read More
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Bitcoin recovers $29,000, boosted by the Fed and PacWest´s fall
Thursday 04 May 2023
(Sharecast News) - Cryptocurrencies are rising on Thursday after the latest Federal Reserve (Fed) rate hike. Bitcoin (BTC) and Ethereum (ETH) have rebounded around 1.5% in the last 24 hours and are ab... Read More
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Euro area producer prices fall in March as energy prices continue to retreat
Thursday 04 May 2023
(Sharecast News) - Factory gate prices in the euro area fell back by more than expected at the end of the first quarter, amid a decline in energy prices. Read More
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Eurozone activity accelerates less than initially thought in April, S&P says
Thursday 04 May 2023
(Sharecast News) - Economic activity in the single currency bloc accelerated by less than previously thought, the results of a closely followed survey revealed. Read More
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German exports fall sharply in March
Thursday 04 May 2023
(Sharecast News) - German exports and imports fell by more than expected in March, official data showed on Thursday. Read More
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China factory activity contracts in April - Caixin PMI
Thursday 04 May 2023
(Sharecast News) - Chinese factory activity slipped in April, according to survey data released on Thursday. Read More
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Fed hikes 25bp, opens door to possibility of a pause
Wednesday 03 May 2023
(Sharecast News) - The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle. Read More
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US services sector activity strengthens a bit in April, ISM says
Wednesday 03 May 2023
(Sharecast News) - Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed. Read More
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US services sector activity strengthens in April, S&P Global says
Wednesday 03 May 2023
(Sharecast News) - America's services sector strengthened last month, roughly as expected, the results of a survey revealed. Read More
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US private sector employment rises more than expected in April - ADP
Wednesday 03 May 2023
(Sharecast News) - Private sector employment in the US rose more than expected in April, according to data released by ADP on Wednesday. Read More
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Eurozone unemployment falls to record low
Wednesday 03 May 2023
(Sharecast News) - Unemployment in the Eurozone eased by more than expected in March, official data showed on Wednesday. Read More
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Cryptos rise ahead of Fed rate decision
Wednesday 03 May 2023
(Sharecast News) - Cryptocurrencies are rising ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) and Ethereum (ETH) gain 2% in the last 24 hours to over $28,600 and $1,860, resp... Read More
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US job opening decline further in March
Tuesday 02 May 2023
(Sharecast News) - The number of job opening continued to decline in March alongside a decrease in the number of Americans choosing to change employment. Read More
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US government could run out of cash in early June, Yellen warns
Tuesday 02 May 2023
(Sharecast News) - The US government was likely to run out of cash to meet all of its obligations, possibly as soon as next month, unless Congress acted. Read More
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Euro area money supply growth slows in March
Tuesday 02 May 2023
(Sharecast News) - Money supply growth in the single currency bloc slowed in March. Read More
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Euro area credit standards tightened by most since 2011 in first quarter
Tuesday 02 May 2023
(Sharecast News) - Lenders in the single currency area tightened their credit standards at the start of 2023 at the quickest pace since the 2011 debt crisis, the results of a survey revealed. Read More
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