Commodities News
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Olympics deliver unexpected boost to euro area PMIs in August
Thursday 22 Aug 2024
(Sharecast News) - Economic activity in the euro area picked up unexpectedly last month, mainly due to the boost from the Olympics, the results of a closely followed survey revealed. Read More
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US nonfarm payrolls revised down by 818,000
Wednesday 21 Aug 2024
(Sharecast News) - The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision... Read More
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CMA cans Apple, Google app market probes ahead of new regulation
Wednesday 21 Aug 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has closed its investigations into Google's Play Store and Apple's App Store, it announced on Wednesday, shifting its focus to the forthc... Read More
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China launches probe into EU dairy subsidies
Wednesday 21 Aug 2024
(Sharecast News) - China launched an anti-subsidy investigation into dairy products imported from the European Union on Wednesday, intensifying trade tensions between Beijing and Brussels. Read More
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Japanese trade deficit higher than expected as imports jump
Wednesday 21 Aug 2024
(Sharecast News) - Japan recorded a wider-than-expected trade deficit for July as imports surged on the back of rising prices, according to data released by the Finance Ministry on Wednesday. Read More
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German economy will avoid recession in Q3, Bundesbank predicts
Tuesday 20 Aug 2024
(Sharecast News) - The Bundesbank said on Tuesday that it expects the German economy to avoid a technical recession and return to growth in the third quarter of 2024, according to the central bank's m... Read More
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Gold prices hit fresh highs amid US rate cut expectations
Tuesday 20 Aug 2024
(Sharecast News) - Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People's Bank of China issued new import quotas. Read More
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Eurozone construction output growth hits 17-month high
Tuesday 20 Aug 2024
(Sharecast News) - Construction output in the eurozone bounced back strongly in June after contracting the previous three months, according to figures released on Tuesday by Eurostat. Read More
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Eurozone CPI inflation unchanged for third straight month
Tuesday 20 Aug 2024
(Sharecast News) - Core inflation in the eurozone officially held steady for the third straight month in July, according to final estimates published on Tuesday by Eurostat. Read More
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Sweden's Riksbank cuts rates by 25 basis points
Tuesday 20 Aug 2024
(Sharecast News) - Sweden's Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3.5%, as widely expected. Read More
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German wholesale price deflation slows to 13-month low
Tuesday 20 Aug 2024
(Sharecast News) - Wholesale price deflation in Germany eased to its lowest level in 13 months in July, in line with economists' predictions. Read More
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Fed's Neel Kashkari says it's time to discuss 'potentially cutting rates'
Monday 19 Aug 2024
(Sharecast News) - Federal Reserve Bank of Minneapolis president Neel Kashkari said on Monday that it was now time for the central bank to begin discussing potentially cutting US benchmark interest ra... Read More
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US consumer confidence little changed in August, University of Michigan says
Friday 16 Aug 2024
(Sharecast News) - Americans' confidence in the economy and their finances was little changed in August, the results of a closely followed survey revealed. Read More
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US building permits, housing starts fall in July
Friday 16 Aug 2024
(Sharecast News) - US building permits fell by 4% in July to a seasonally adjusted annualised rate of 1.39m, according to the Census Bureau, the lowest level seen in four years and below market expect... Read More
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Philly Fed factory index drops unexpectedly in August
Thursday 15 Aug 2024
(Sharecast News) - Factory activity in the US mid-Atlantic region shrank unexpectedly in August, the results of a closely followed survey showed. Read More
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Rebound in Autos and parts sees US July retail sales surge
Thursday 15 Aug 2024
(Sharecast News) - Retail sales jumped last month, driven by a rebound in auto purchases. Read More
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Weekly US jobless claims dip again
Thursday 15 Aug 2024
(Sharecast News) - Unemployment claims in the US dipped unexpectedly during the previous week. Read More
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China retail sales rise but industrial production misses estimates
Thursday 15 Aug 2024
(Sharecast News) - Retail sales in China rose more than expected last month but industrial production was below forecasts, official data showed on Thursday. Read More
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US CPI gains slow to 2.9% in July, core prices at 3.2%
Wednesday 14 Aug 2024
(Sharecast News) - The cost of living in the US rose in July at its slowest pace in over three years. Read More
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Eurozone GDP grows 0.3% in second quarter
Wednesday 14 Aug 2024
(Sharecast News) - The eurozone economy grew by 0.3% in the second quarter on a seasonally adjusted basis, according to a flash estimate published on Wednesday. Read More
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