Commodities News
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Bitcoin consolidates at $23,000 as the market puts the focus on the Fed
Friday 27 Jan 2023
(Sharecast News) - There are mixed signals in the cryptocurrency market at the moment. Bitcoin (BTC) has rebounded 0.15% in the last 24 hours and remains above $23,000, while Ethereum (ETH) has droppe... Read More
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US weekly jobless data comes in mixed, initial claims hit new cycle low
Thursday 26 Jan 2023
(Sharecast News) - Jobless claims data in the US revealed that firms continued to hold onto workers although hiring appeared to be reversing the gains seen over the Christmas holidays. Read More
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US Q4 GDP growth edges past forecasts, up by 2.9%
Thursday 26 Jan 2023
(Sharecast News) - The US economy expanded a tad more quickly than expected during the fourth quarter of 2022, boosted in part by inventory rebuilding. Read More
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US new home sales pick up in December, but down for the year
Thursday 26 Jan 2023
(Sharecast News) - US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department. Read More
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US durable goods orders surge in December, as aircraft orders more than double
Thursday 26 Jan 2023
(Sharecast News) - Orders in the US for goods made to last more than three years surged at the end of 2022. Read More
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US visible trade deficit widens significantly in December
Thursday 26 Jan 2023
(Sharecast News) - America's shortfall on trade in goods with the rest of world yawned wider at the end of 2022. Read More
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German business confidence improves in January, led by expectations, Ifo says
Wednesday 25 Jan 2023
(Sharecast News) - Business confidence in the euro area's largest economy improved by as much as expected at the start of 2023, the results of a closely followed survey showed. Read More
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Cryptocurrencies fall sharply; "Bitcoin is overbought"
Wednesday 25 Jan 2023
(Sharecast News) - Sharp falls of 2.6% in the cryptocurrency market. Bitcoin (BTC) retreats more than 1% in the last 24 hours and is again well below $23,000 after overcoming this resistance for the t... Read More
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Euro area business activity stabilises in January, PMIs show
Tuesday 24 Jan 2023
(Sharecast News) - Business activity in the single currency bloc steadied at the start of 2023 thanks to lower energy prices and optimism around China's reopening, the results of two closely followed ... Read More
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Contraction in US private sector activity eases in January, PMIs show
Tuesday 24 Jan 2023
(Sharecast News) - The rate of decline in US private sector activity eased at the start of 2023, although hiring remained soft, survey results revealed. Read More
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Cryptocurrencies rebound; Bitcoin recovers at the $23,000 level
Tuesday 24 Jan 2023
(Sharecast News) - The cryptocurrency market has rebounded remarkably after a hesitant start of the week. Bitcoin (BTC) has risen more than 1% in the last 24 hours and is now above $23,000; the reboun... Read More
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German consumer confidence edges higher
Tuesday 24 Jan 2023
(Sharecast News) - German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease. Read More
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Index of leading US economic indicators falls by more than expected in December
Monday 23 Jan 2023
(Sharecast News) - A gauge of economic indicators designed to provide forward guidance on the US economy fell more sharply than expected at the end of 2022. Read More
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Bitcoin targets $23,000; is correction in sight for 'cryptos'?
Monday 23 Jan 2023
(Sharecast News) - Calm reigns in the cryptocurrency market. Bitcoin (BTC) has dropped 0.75% in the last 24 hours, but remains close to $23,000, while Ethereum (ETH) has accumulated a rise of 0.47% in... Read More
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German producer prices fall in December
Friday 20 Jan 2023
(Sharecast News) - German producer price inflation fell slowed sharply in December to its lowest rate in more than a year, according to official data released on Friday, in another sign that cost and ... Read More
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Cryptos rebound; Bitcoin hovers around $21,000 after Genesis bankruptcy
Friday 20 Jan 2023
(Sharecast News) - Moderate rebound in the cryptocurrency market. Bitcoin (BTC) is near $21,000 after rising 0.5% in the last 24 hours, while Ethereum (ETH) has soared 1.2% to $1,550 after a day of he... Read More
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Boston Fed's Collins argues for rates rising to just above 5.0%
Thursday 19 Jan 2023
(Sharecast News) - The head of the Federal Reserve Bank of Boston argued for interest rate hikes to just above 5.0% and then holding at that level "for some time". Read More
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US housing starts and permits slip in December
Thursday 19 Jan 2023
(Sharecast News) - Builders in the US broke ground on fewer homes in December, roughly as expected. Read More
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US jobless claims fall to four month low
Thursday 19 Jan 2023
(Sharecast News) - Americans filed new unemployment claims at a slower pace in the week ended 14 January, according to the Department of Labor. Read More
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Philly Fed index improves a little in January, price gauges ease
Thursday 19 Jan 2023
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region at the start of 2023 improved a little, the results of a very closely followed survey revealed. Read More
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