Commodities News
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LA wildfires push US jobless claims to highest in six weeks
Thursday 23 Jan 2025
(Sharecast News) - Claims for unemployment benefits in the United States rose to their highest in six weeks with new claims in California at a two-year high as wildfires spread across the north-west L... Read More
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Norges Bank keeps rates at 4.5%, sees cut in March
Thursday 23 Jan 2025
(Sharecast News) - Norway's central bank kept interest rates unchanged on Thursday at a 17-year high of 4.5%, as it said rates will likely be cut in March. Read More
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EU new car sales rose 5.1% in December
Tuesday 21 Jan 2025
(Sharecast News) - New car sales in the EU were firmly higher in December, compared with a year earlier, as a surge in registrations in Spain made up for more tepid growth in France and big declines i... Read More
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German investor sentiment falls more than expected
Tuesday 21 Jan 2025
(Sharecast News) - Investor sentiment in Germany fell more than expected this month as economic expectations worsened following two straight years of recession, according to the Centre for European Ec... Read More
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Trump looking to place 25% tariffs on Canada and Mexico
Tuesday 21 Jan 2025
(Sharecast News) - The US president said that he is aiming to levy 25% tariffs on imports from and Mexico by 1 February. Read More
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Trump to order assessment of trade with China, but no tariffs yet, WSJ says
Monday 20 Jan 2025
(Sharecast News) - Donald Trump plans to conduct an investigation into China's compliance with the trade deal inked with the US and 2020. Read More
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EU takes China to WTO over tech patent royalties
Monday 20 Jan 2025
(Sharecast News) - The European Commission has filed a complaint with the World Trade Organisation against China over its "unfair and illegal trade practices" in setting worldwide royalty rates for EU... Read More
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Eurozone construction growth hits 19-month high
Monday 20 Jan 2025
(Sharecast News) - Construction output in the eurozone increased by the most in 19 months in November, according to figures out on Monday from Eurostat. Read More
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German producer prices rise 0.8pc YOY
Monday 20 Jan 2025
(Sharecast News) - German producer prices rose 0.8% year-on-year in December, according to Destatis, for a second consecutive annual increase. Read More
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China leaves key loan rates unchanged
Monday 20 Jan 2025
(Sharecast News) - China's central bank kept key lending rates unchanged for the third month in a row on Monday. Read More
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IMF lifts UK forecast, lowers EZ, warns on Trump plans
Friday 17 Jan 2025
(Sharecast News) - Britain's 2025 growth forecast has been ticked up by the International Monetary Fund, while the Washington-based organisation also warned about the impact of incoming US President D... Read More
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Eurozone CPI confirmed at five-month high, but inflation set to cool
Friday 17 Jan 2025
(Sharecast News) - Final estimates for the eurozone consumer price index confirmed that inflation had risen to a five-month high in December, though price pressures are expected to cool in the coming ... Read More
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Chinese economic growth meets 2024 target in fourth quarter
Friday 17 Jan 2025
(Sharecast News) - China's economy exceeded expectations in the fourth quarter of 2024, expanding by 5.4% as a wave of government stimulus measures drove activity. Read More
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Philly Fed index surges in January
Thursday 16 Jan 2025
(Sharecast News) - Factory sector activity in the US mid-Atlantic region surged at the beginning of 2025. Read More
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US retail sales rise a bit less quickly than expected in December
Thursday 16 Jan 2025
(Sharecast News) - Consumer spend in the US slowed a tad at the tail-end of 2024, but sufficed for economists to lift their fourth quarter growth forecasts. Read More
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US jobless claims rise by 14,000
Thursday 16 Jan 2025
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 11 January, according to the Department of Labor. Read More
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Eurozone trade surplus almost doubles to €16bn in November
Thursday 16 Jan 2025
(Sharecast News) - The eurozone almost doubled its goods trade surplus with the rest of the world to €16.4bn in November on a monthly basis, according to official data published on Thursday. Read More
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Gasoline pushes US inflation higher in December, core CPI undershoots
Wednesday 15 Jan 2025
(Sharecast News) - The cost of living in the US rose more quickly than expected at the tail end of 2024 as energy prices spiked higher. Read More
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EZ industrial production rises 0.2% in November
Wednesday 15 Jan 2025
(Sharecast News) - Eurozone November industrial production rose slightly by 0.2% on a monthly basis, according to official data published on Wednesday. Read More
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German economy contracts for second consecutive year
Wednesday 15 Jan 2025
(Sharecast News) - The Germany economy shrank for the second year in a row in 2024, official data showed on Wednesday, weighed down by weakness across both manufacturing and construction. Read More
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