Thursday, 30th March 2017

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Latest stories in the Commodities section

US central bank should raise rates four times in 2017, Fed's Rosengren says

10 hours ago

Alexander Bueso

(ShareCast News) - The head of the regional US Federal Reserve Bank of Boston called for a faster pace of rate hikes than his colleagues in 2017.

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US central bank should raise rates four times in 2017, Fed's Rosengren says

Alexander Bueso

(ShareCast News) - The head of the regional US Federal Reserve Bank of Boston called for a faster pace of rate hikes than his colleagues in 2017. 10 hours ago

WTI futures rise after weekly US oil stockpile data

Alexander Bueso

(ShareCast News) - Weekly US oil inventories rose slightly during the latest reference week, albeit alongside sharp drops in product stockpiles. 13 hours ago

Commodities: Crude makes modest gains with Libya, UAE, Opec output in focus

Andrew Schonberg

(ShareCast News) - Crude-oil futures made modest gains on Wednesday as the black liquid benefited from supply distributions in Libya, a drop in March production from United Arab Emirates (UAE) and speculation of cartel Opec extending its 2016 output pledges. 14 hours ago

Fed's Evans still worried about downside risks, but supports one or two hikes

Alexander Bueso

(ShareCast News) - A top US rate-setter reiterated his relatively dovish stance on monetary policy on Wednesday, telling his audience he still worried that interest rates might be headed back towards the 'zero-bound' at some point in the future. 15 hours ago

US pending home sales rise much more than expected

Michele Maatouk

(ShareCast News) - US pending home sales rose a lot more than expected in February, according to data from the National Association of Realtors. 15 hours ago

US Congress votes to repeal Obama privacy protections

Conor Coyle

(ShareCast News) - Barack Obama's introduction of several internet privacy provisions shortly before his departure from the Oval Office has been reversed by the US Congress following a vote on Tuesday. 18 hours ago

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