Commodities News
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US import prices register first increase in six months
Friday 13 Jan 2023
(Sharecast News) - US import prices unexpectedly broke a five-month streak of declines at the end of 2022. Read More
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Eurozone industrial production sparks
Friday 13 Jan 2023
(Sharecast News) - Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday. Read More
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German economy grows touch more than expected in 2022
Friday 13 Jan 2023
(Sharecast News) - The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis. Read More
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Cryptocurrencies rise unabated; Bitcoin flirts with the $19,000 mark
Friday 13 Jan 2023
(Sharecast News) - The cryptocurrency market continues to rise and recovers the $900 billion market capitalization. Bitcoin (BTC) has risen almost 4% in the last 24 hours and stands at $18,820, as it ... Read More
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China's exports, imports tumble
Friday 13 Jan 2023
(Sharecast News) - Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened. Read More
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US CPI slips a tad more than expected in December, core rate as expected
Thursday 12 Jan 2023
(Sharecast News) - The cost of living in the US slipped by a tad more than expected last month. Read More
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Fed's Harker favours shift towards 25bp rate hikes
Thursday 12 Jan 2023
(Sharecast News) - A top US central bank official joined the camp of those calling for a further downshift in the pace of interest rate hikes to 25 basis points per meeting. Read More
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US jobless claims hit lowest level in more than three months
Thursday 12 Jan 2023
(Sharecast News) - Americans filed unemployment claims at a decelerated clip in the seven days ended 7 January, hitting their lowest level in more than three months. Read More
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France union calls for refinery workers to strike over pensions changes
Thursday 12 Jan 2023
(Sharecast News) - France's CGT trade union on Thursday called for strikes in the refinery sector over plans to raise the state retirement age, while unions representing Paris metro workers said they ... Read More
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Bitcoin recovers to $18,000; investors await the US CPI
Thursday 12 Jan 2023
(Sharecast News) - The cryptocurrency market has rebounded strongly. Bitcoin (BTC) has soared 3.8% in the last 24 hours and is comfortably surpassing the $18,000 mark, thus reaching the highs of a mon... Read More
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China consumer inflation nudges higher
Thursday 12 Jan 2023
(Sharecast News) - Inflation in China pushed higher last month, official data showed on Thursday, driven by rising food prices. Read More
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FAA computer glitch grounds all US flights
Wednesday 11 Jan 2023
(Sharecast News) - All US flights were grounded early on Wednesday as a result of a glitch within the Federal Aviation Administration's computer system. Read More
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US mortgage applications rise 1.2%
Wednesday 11 Jan 2023
(Sharecast News) - Mortgage applications rose 1.2% to kick off 2023, according to the Mortgage Bankers Association of America. Read More
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Cryptocurrencies continue to rise; Bitcoin consolidates at the $17,000 level
Wednesday 11 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down. Bitcoin (BTC) continues its rebound from the beginning of the year and gains 1.4% in the last 24 hours, which allows it to stand at $1... Read More
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US small business optimism slips more than expected in December, NFIB says
Tuesday 10 Jan 2023
(Sharecast News) - Small business confidence in the US fell back to its June lows at the end of 2022, alongside declines in gauges for price pressures and hiring, the results of a survey showed, altho... Read More
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US wholesale inventories rise 1% in November
Tuesday 10 Jan 2023
(Sharecast News) - US wholesale inventories rose 1% month-on-month in November to $933.1bn, according to the Census Bureau, in line with preliminary estimates. Read More
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Fed's Powell says restoring price stability may require unpopular policies
Tuesday 10 Jan 2023
(Sharecast News) - The US central bank will steer clear from taking on responsibilities around designing or supervising more climate-friendly policies, absent a mandate from lawmakers, its head said. Read More
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World Bank downgrades outlook for global economy
Tuesday 10 Jan 2023
(Sharecast News) - A dire outlook for the global economy was issued by the World Bank on Tuesday, with officials warning that the planet's financial health was "on a razor's edge". Read More
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Cryptocurrencies take it easy, as they await Powell´s speech
Tuesday 10 Jan 2023
(Sharecast News) - Cryptocurrencies are taking it easy on Tuesday, a day of widespread market declines. Bitcoin (BTC), the world's largest cryptocurrency, is taking a breather after several days on th... Read More
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Eurozone investor sentiment improves - Sentix
Monday 09 Jan 2023
(Sharecast News) - Investor sentiment in the eurozone improved more than expected in January, according to data released on Monday. Read More
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