Commodities News
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ECB goes ahead with 50 basis point interest rate hike
Thursday 16 Mar 2023
(Sharecast News) - Rate-setters in Frankfurt went ahead and raised short-term interest rates by 50 basis points despite recent heightened stress in the banking sector on either side of the Atlantic. Read More
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US import prices drop for first time since December 2020
Thursday 16 Mar 2023
(Sharecast News) - The cost of goods purchased overseas registered its first outright decline in year-on-year terms in February since December 2020. Read More
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Weekly US jobless claims drop sharply
Thursday 16 Mar 2023
(Sharecast News) - Tightness in the US jobs market showed no signs of easing, data covering the previous week showed. Read More
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US housing starts rise by more than expected in February, but details less solid
Thursday 16 Mar 2023
(Sharecast News) - Homebuilding activity in the States perked up last month, but the details of the data were a bit less impressive. Read More
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Factory sector activity worsens in US Mid-Atlantic region during March
Thursday 16 Mar 2023
(Sharecast News) - An anticipated rebound in manufacturing activity in the US mid-Atlantic region failed to materialise in March, the results of a closely followed survey revealed. Read More
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Cryptocurrencies and Bitcoin fall on fears of market illiquidity
Thursday 16 Mar 2023
(Sharecast News) - There have been cuts in the cryptocurrency market. Bitcoin (BTC) falls 1.3% in the last 24 hours to around $24,600, while Ethereum (ETH) drops 3% and slips back to $1,650. Read More
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US housing market index rises for third consecutive month
Wednesday 15 Mar 2023
(Sharecast News) - The National Association of Housebuilders/Wells Fargo housing market index increased for a third month in a row. Read More
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US producer prices dip unexpectedly in February
Wednesday 15 Mar 2023
(Sharecast News) - Wholesale inflation in the US slipped unexpectedly last month as food and services prices fell again. Read More
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US retail sales dip by less than expected in February
Wednesday 15 Mar 2023
(Sharecast News) - Americans barely reined in their spending last month, even after January's splurge. Read More
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NY manufacturing activity deteriorates sharply in March
Wednesday 15 Mar 2023
(Sharecast News) - Manufacturing activity in the New York region deteriorated sharply in March, according to data released on Wednesday. Read More
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EZ industrial production rises 0.7% in January
Wednesday 15 Mar 2023
(Sharecast News) - Eurozone Industrial production increased by 0.7% in January, better than the 0.4% expected, according to data released on Wednesday. Read More
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Cryptos moderate their rebound after the US CPI; Bitcoin tests $25,000
Wednesday 15 Mar 2023
(Sharecast News) - Cryptocurrencies extend Tuesday's gains. Bitcoin (BTC) moderated its gains after surpassing $26,000 and is close to $25,000 on Wednesday. For its part, Ethereum (ETH) rises nearly 2... Read More
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China's economy shows signs of recovery
Wednesday 15 Mar 2023
(Sharecast News) - China's economy strengthened in the first two months of 2023, official data showed on Wednesday, after the end of Covid restrictions boosted consumer spending. Read More
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US CPI slips in February, core price growth ticks down year-on-year
Tuesday 14 Mar 2023
(Sharecast News) - The cost of living in the US continued to ease last month, roughly by about as much as expected last month. Read More
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Radical change for cryptos; Bitcoin soars to over $24,000
Tuesday 14 Mar 2023
(Sharecast News) - There´s been a radical change in the cryptocurrency market. The market's main assets have soared in the last 24 hours, with Bitcoin (BTC) rising around 8% and standing at $24,700. E... Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Week Ahead. SVB, US CPI, ECB in focus
Monday 13 Mar 2023
(Sharecast News) - All eyes over the coming week would be on collapse of venture capital-focused lender SVB in the US and its fallout. Read More
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First Republic plunges in SVB fallout despite fresh funding
Monday 13 Mar 2023
(Sharecast News) - Shares in First Republic Bank were plummeting in early trading on Wall Street on Monday, despite the bank securing a fresh injection of funding over the weekend. Read More
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