Commodities News
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Uncertainty for Bitcoin and cryptos due to macro data, Silvergate and the Fed
Monday 06 Mar 2023
(Sharecast News) - The cryptocurrency market remains in no man's land and shows no signs of improving. Bitcoin (BTC) is trading virtually flat at $22,400, while Ethereum (ETH) has dropped 0.4%, at $1,... Read More
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Contraction in eurozone construction sector eases in February
Monday 06 Mar 2023
(Sharecast News) - The downturn in the eurozone construction sector eased a little in February, according to a survey released on Monday. Read More
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ISM's US PMI tops expectations in February
Friday 03 Mar 2023
(Sharecast News) - The Institute for Supply Management's non-manufacturing PMI came to 55.1 in February, broadly flat month-on-month but ahead of expectations for a reading of 54.5. Read More
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UAE said to consider leaving Opec, oil prices slide
Friday 03 Mar 2023
(Sharecast News) - Oil prices slid on Friday following a report that the United Arab Emirates is considering leaving the Opec cartel of oil producing countries. Read More
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Eurozone economy expands at fastest pace since June 2022
Friday 03 Mar 2023
(Sharecast News) - The eurozone economy expanded in February at its fastest pace since June 2022, according to a survey released on Friday. Read More
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Cryptos and Bitcoin plummet, dragged down by Silvergate and macro data
Friday 03 Mar 2023
(Sharecast News) - Cryptocurrencies fall sharply, and they will close the week in the red, unless there is a last minute surprise. Bitcoin (BTC) extends losses and drops more than 4% in the last 24 ho... Read More
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German January exports rebound from Dec fall with 2.1% rise
Friday 03 Mar 2023
(Sharecast News) - German exports rose by more than expected in January, recording a 2.1% rise and rebounding from a sharp drop in the prior month, according to official data released on Friday. Read More
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China services sector grows more than expected - Caixin
Friday 03 Mar 2023
(Sharecast News) - Activity in China's services sector picked up more than expected in February amid a recovery in demand, according to a survey released on Friday. Read More
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Eurozone inflation eases less than expected in February
Thursday 02 Mar 2023
(Sharecast News) - Eurozone inflation eased less than expected in February, according to preliminary data released by Eurostat on Thursday. Read More
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Weekly US jobless claims little changed
Thursday 02 Mar 2023
(Sharecast News) - Unemployment claims in the US were little changed during the latest week. Read More
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US labour market shows signs of cooling, WSJ says
Thursday 02 Mar 2023
(Sharecast News) - Demand for workers in the US may be cooling more quickly than some government statistics might lead you to believe, data from two staffing companies showed. Read More
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Cryptos and Bitcoin fall again after poor data in the US and Europe
Thursday 02 Mar 2023
(Sharecast News) - Cryptocurrencies continue to waver. If yesterday, on Wednesday, we talked about rises, today it is time to talk about falls. Bitcoin (BTC) drops 1.4% in the last hours and loses $23... Read More
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Chinese factory sector activity rebounds more quickly than expected in February
Wednesday 01 Mar 2023
(Sharecast News) - Factory sector activity in the People's Republic of China ramped up more quickly than expected in February, the results of two closely followed surveys revealed. Read More
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Fed's Kashkari open minded on whether to hike rates by 25 or 50bp at next meeting
Wednesday 01 Mar 2023
(Sharecast News) - A top Federal Reserve official said that bigger interest rate hikes might again be needed as soon as the central bank's next policy meeting. Read More
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US manufacturing continued to contract in February, ISM says
Wednesday 01 Mar 2023
(Sharecast News) - The downturn in American manufacturing eased a little last month and so did price pressures, the results of a closely followed survey revealed. Read More
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US factory sector in steepest downturn since 2009, and outside of the pandemic, S&P Global says
Wednesday 01 Mar 2023
(Sharecast News) - Factory sector activity in the US experienced a solid decline last month as levels of output and new orders registered further falls. Read More
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German inflation ticks higher in February
Wednesday 01 Mar 2023
(Sharecast News) - Germany inflation unexpectedly ticked higher in February as food prices rose, according to data released on Wednesday by Destatis. Read More
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Cryptos rise, as they remain in no man's land; Bitcoin, at $23,700
Wednesday 01 Mar 2023
(Sharecast News) - The cryptocurrency market continues with its comings and goings. On this occasion, Bitcoin (BTC) accumulates gains of 2% in the last 24 hours and exceeds $23,700; Ethereum (ETH), me... Read More
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Eurozone manufacturing output returns to growth
Wednesday 01 Mar 2023
(Sharecast News) - The Eurozone's manufacturing sector strengthened in February, a closely-watched survey showed on Wednesday, as supplier bottlenecks eased. Read More
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EC revises objections against Apple payment policies
Tuesday 28 Feb 2023
(Sharecast News) - The European Commission raised revised objections with consumer technology giant Apple on Tuesday, over concerns around its App Store rules for music streaming providers. Read More
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