Commodities News
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Oil prices slump on report Iran could restore Hormuz traffic within a month
Wednesday 27 May 2026
(Sharecast News) - Oil prices slid further on Wednesday afternoon following a report that Iran is committed to restoring the number of commercial transit ships through the Strait of Hormuz to pre-war ... Read More
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Richmond Fed's manufacturing index improves in May
Wednesday 27 May 2026
(Sharecast News) - The Richmond Federal Reserve's manufacturing index increased to 13 points in May, up from a reading of 3 in April, as all three of its component indices rose. Read More
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Goldman Sachs lifts S&P 500 year-end target to 8,000 from 7,600
Wednesday 27 May 2026
(Sharecast News) - Goldman Sachs lifted its 2026 year-end target for the S&P 500 on Wednesday to 8,000 from 7,600, as it said continued earnings growth should drive equity market upside. Read More
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US consumer confidence slips in May
Tuesday 26 May 2026
(Sharecast News) - US consumer confidence slipped slightly in May, according to the Conference Board, with the headline index edging down to 93.1 from an upwardly revised 93.8 in April. Read More
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US home‑price growth loses steam in March amid rising mortgage rates
Tuesday 26 May 2026
(Sharecast News) - US home‑price growth slowed in March, according to the latest S&P/Case‑Shiller data, with the national index rising 0.7% year‑on‑year, down from 0.8% in Febr... Read More
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Oil prices rise again as US launches new strikes on Iran
Tuesday 26 May 2026
(Sharecast News) - Oil prices rose again on Tuesday after the US launched new strikes on Iran, threatening the fragile ceasefire that began on 8 April. Read More
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German business sentiment unexpectedly improves in May - Ifo
Friday 22 May 2026
(Sharecast News) - German business sentiment unexpectedly improved in May, according to a survey released on Friday by the Ifo Institute. Read More
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German Q1 GDP growth confirmed at 0.3%; GfK index rebounds
Friday 22 May 2026
(Sharecast News) - The German economy grew by 0.3% in the first quarter of 2026 compared with the previous three months, according to official data published on Friday, confirming a flash estimate. Read More
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Iran's Supreme Leader says enriched uranium must not be sent abroad - report
Thursday 21 May 2026
(Sharecast News) - Iran's Supreme Leader Mojtaba Khamenei has issued a directive that the country's near-weapons-grade uranium should not be sent abroad, according to two senior Iranian sources cited ... Read More
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European Commission cuts GDP outlook as 'energy shock' ignites inflation fears
Thursday 21 May 2026
(Sharecast News) - The European Commission has slashed its growth forecasts for the eurozone and wider EU as a result the "energy shock" caused by the Iran war, adding a whole percentage point to its ... Read More
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Eurozone construction rebounds in March, but outlook uncertain
Thursday 21 May 2026
(Sharecast News) - Construction output across the eurozone bounced back in March after two consecutive months of declines, powered by a strong increase in civil engineering works, though activity is l... Read More
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Eurozone economy falters as US-Iran war drags on
Thursday 21 May 2026
(Sharecast News) - The Eurozone downturn deepened in May, a closely-watched survey showed on Thursday, as the war in the Middle East ramped up inflationary pressures. Read More
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Pakistan steps up diplomatic efforts to hasten US-Iran peace talks - report
Thursday 21 May 2026
(Sharecast News) - Pakistan is reportedly stepping up its diplomatic efforts to hasten peace talks between the US and Iran, after Tehran said it was reviewing the latest responses from Washington, and... Read More
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Iran threatens to expand hostilities if US resumes attacks
Wednesday 20 May 2026
(Sharecast News) - Iran has threatened to attack countries outside of the Gulf if the US and Israel resume military campaigns against the Middle East state. Read More
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Eurozone inflation confirmed at highest since September 2023
Wednesday 20 May 2026
(Sharecast News) - Eurozone inflation was confirmed at a two-and-a-half-year high in April, according to final estimates from Eurostat on Wednesday, as energy prices jumped by more than a tenth compar... Read More
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PBOC keeps key lending rates on hold
Wednesday 20 May 2026
(Sharecast News) - China once again kept benchmark lending rates on hold on Wednesday, as widely expected. Read More
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Global fund managers lift equity allocations by most on record in May - BofA
Tuesday 19 May 2026
(Sharecast News) - Global fund managers lifted their equities allocation in May by the most on record, according to the latest fund manager survey from Bank of America. Read More
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Google and Blackstone to launch $5bn AI cloud company - reports
Tuesday 19 May 2026
(Sharecast News) - Google and Blackstone plan to launch a new artificial intelligence cloud company backed by an initial $5bn equity investment, it was reported overnight on Tuesday, as demand for com... Read More
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Eurozone trade surplus narrows sharply
Tuesday 19 May 2026
(Sharecast News) - The Eurozone's trade balance shrank significantly in March, official first estimates published on Tuesday showed. Read More
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Iran submits fresh peace proposal to US - reports
Monday 18 May 2026
(Sharecast News) - A revised peace plan drawn up by Iran aimed at ending war in the Middle East has been shared with the US, it was reported on Monday. Read More
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