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Commodities: Gold rallies after Barcelona attacks and Trump dissaray

Commodities: Gold rallies after Barcelona attacks and Trump dissaray

Fri, 18 August 2017

(ShareCast News) - Friday saw markets waking up to terror attacks in Barcelona which left 14 people dead and around 100 injured. Add to the mix increased political uncertainty in the US, due to a ... [more]

Decision on Bannon's future with White House imminent

Decision on Bannon's future with White House imminent

Fri, 18 August 2017

(ShareCast News) - White House chief of staff John Kelly's decision regarding Steve Bannon's future with the administration is reportedly imminent. Tensions between the chief strategist and the presid... [more]

US identified as ideal trade partner for UK food and drinks exports post-Brexit

US identified as ideal trade partner for UK food and drinks exports post-Brexit

Fri, 18 August 2017

(ShareCast News) - The US was identified by the government as providing significant opportunities for a trade deal post-Brexit where food and drink was concerned, said the Food and Drink Federation. A... [more]

US consumer confidence rises in August, but University of Michigan sceptical

US consumer confidence rises in August, but University of Michigan sceptical

Fri, 18 August 2017

(ShareCast News) - Better expectations for the economy overall and for personal financial prospects saw US consumer confidence rise in August, the results of a widely-followed survey showed. Neverthel... [more]

Odds slashed on Trump resignation after disastrous week

Odds slashed on Trump resignation after disastrous week

Fri, 18 August 2017

(ShareCast News) - Bookmakers Paddy Power has cut its odds on US President Donald Trump to resign to evens after a controversial week for the former reality television star. Trump has come under fire ... [more]

Euro area current account surplus slips in June

Fri, 18 August 2017

(ShareCast News) - The euro area's current account surplus shrank in June amid a sharp drop in the primary income balance and a worsening on that for secondary income. In seasonally adjusted terms, ... [more]

Euro area construction dips in June

Fri, 18 August 2017

(ShareCast News) - Construction output in the euro area retreated in June amid sharp declines in Germany and France, the bloc's main engines. Total production fell by 0.5% month-on-month, according to... [more]

Commodities: Choppy day for gold as dollar steadies

Fri, 18 August 2017

(ShareCast News) - Gold futures stabilized on Thursday as the US dollar remained subdued after Wednesday's minutes from the FOMC (Federal Open Market Committee) hinted at a delay in any rate hikes in ... [more]

Iraq looks to 'return to the Arab fold'

Fri, 18 August 2017

(ShareCast News) - As Iraq is set to hold national elections next year it is said to be working towards an alliance with Saudi Arabia that would aid the nation in its estimated $100bn rebuilding proje... [more]

Gary Cohn stays on as White House chief economic adviser

Fri, 18 August 2017

(ShareCast News) - On Thursday, a spokesman for the oval office denied rumours that National Economic Council director, Gary Cohn would be stepping down as a result of the President's controversial co... [more]

Third Trump council falls after Charlottesville controversy

Fri, 18 August 2017

(ShareCast News) - Another business council in the White House has been scrapped just days after last week's Charlottesville violence, following widespread criticism of Donald Trump's response to the ... [more]

German factory prices dip in July

Fri, 18 August 2017

(ShareCast News) - Factory prices in the Eurozone's largest economy slipped by slightly less than was anticipated last month. Producer prices in Germany rose by 0.2% on the month in July and by 2.3% o... [more]

Barcelona terror attack kills 13; Catalan police foil second attack in Cambrils

Fri, 18 August 2017

(ShareCast News) - A terrorist attack claimed the lives 13 people in Barcelona after a van speed through the busy central street of Las Ramblas on Thursday thoroughfare, with a second attack in the se... [more]

Van attack in Barcelona leaves 13 dead and many more injured

Thu, 17 August 2017

(ShareCast News) - A van has run over and killed 13 people on the popular Ramblas thoroughfare of Barcelona, Spain, leaving a further 80 injured. According to the Catalonia's regional president, Carle... [more]

US industrial production jumps ahead in July

Thu, 17 August 2017

(ShareCast News) - US industrial production continued expanding in July as increased energy and utilities output offset a decline in manufacturing. Total output rose by 0.2% month-on-month following a... [more]

VAT halted on mining imports to Congo

Thu, 17 August 2017

(ShareCast News) - After reinstating a value-added tax (VAT) on imports by mining companies in mid-2016, The Democratic Republic of Congo has again suspended the duty. In order to protect the Congoles... [more]

August Philly Fed index points to stronger activity

Thu, 17 August 2017

(ShareCast News) - Activity in the US mid-Atlantic factory sector gained momentum, according to the results of one of the most widely-watched surveys. The headline Federal Reserve bank of Philadelphia... [more]

Commodities: Latest FOMC minutes reignite buying in gold

Thu, 17 August 2017

(ShareCast News) - Wednesday saw a weaker dollar on the back of the latest release from the FOMC (Federal Open Market Committee), after members dampened any rate hike expectations for this year, as "m... [more]

US jobless claims fall sharply in latest week

Thu, 17 August 2017

(ShareCast News) - One of the most widely-followed gauges for the US jobs market revealed it continued to be in robust health. Initial jobless claims plummeted by 12,000 over the week ending 12 August... [more]

South Korea's president says North is dangerously close to crossing a 'red line'

Thu, 17 August 2017

(ShareCast News) - South Korea's president cautioned Pyongyang not to pursue nuclear missile capabilities while underlining that Seoul and Washington shared the same aims. "I would consider that North... [more]

Trump axes key business councils after CEOs drop out

Thu, 17 August 2017

(ShareCast News) - US President Donald Trump has disbanded two of his key business advisory councils after a plethora of CEOs quit in response to his stance on events following clashes in Charlottesvi... [more]

WTI falls back as DoE reveals rise in weekly US oil output

Wed, 16 August 2017

(ShareCast News) - US crude oil stockpiles fell sharply despite rising imports amid still high levels of refinery runs. Yet oil futures fell back following Wednesday's reports as traders reacted to ... [more]

US housing starts miss forecasts in July

Wed, 16 August 2017

(ShareCast News) - The US housing market cooled last month with scant indication in the data that a turnout might be on the cards in the near-term, according to economists. Housing starts in the State... [more]

Energy boss warns of volatile gas prices after rig closure

Wed, 16 August 2017

(ShareCast News) - Gas prices are set for increased volatility heading into winter after the closure of a major storage facility off the east coast of England, the CEO of a key energy alliance group h... [more]

China and India troops clash in Western Himalayas

Wed, 16 August 2017

(ShareCast News) - Tension between India and China heightened on Tuesday after Indian and Chinese soldiers briefly clashed in a disputed area of the Western Himalayas, according to a report from India... [more]