International News
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German retail sales pick up as Destatis reporting resumes
Thursday 10 Oct 2024
(Sharecast News) - Retail sales in Germany rose over the past two months, according to delayed data from the Federal Statistical Office on Thursday. Read More
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Europe close: Shares rally on hopes for fresh China stimulus
Thursday 10 Oct 2024
(Sharecast News) - European shares rallied late in the session as a surprise rise in German exports and speculation around fresh stimulus measures in China buoyed investor sentiment. Read More
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US close: Dow Jones, S&P 500 close at record highs
Wednesday 09 Oct 2024
(Sharecast News) - Both the Dow Jones and S&P 500 closed at record highs on Wednesday as investors thumbed over minutes from the Federal Reserve's latest monetary policy meeting. Read More
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German government now projecting a second year of GDP contraction
Wednesday 09 Oct 2024
(Sharecast News) - Germany's economy is set to contract by 0.2% in 2024, marking the second consecutive year of shrinking output, according to a statement from the country's economy ministry on Wednes... Read More
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US open: Stocks mixed ahead of FOMC minutes
Wednesday 09 Oct 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors looked ahead to minutes from the Federal Reserve's last monetary policy meeting. Read More
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US mortgage applications fall 5.1pc
Wednesday 09 Oct 2024
(Sharecast News) - US mortgage applications fell by 5.1% in the week ended 4 October, according to the Mortgage Bankers Association, extending the prior week's 1.3% drop in taking a bite out of the al... Read More
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TSMC beats own estimates with Q3 sales
Wednesday 09 Oct 2024
(Sharecast News) - Third-quarter results from TSMC comfortably beat market forecasts on Wednesday as the contract chipmaking giant grew September revenues by nearly 40% year-on-year, helped by the rel... Read More
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US pre-open: Futures little changed ahead of Fed minutes
Wednesday 09 Oct 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as investors looking ahead to minutes from the Federal Reserve's last monetary policy meeting. Read More
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New Zealand central bank cuts interest rates by 50bp
Wednesday 09 Oct 2024
(Sharecast News) - New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of provid... Read More
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Asia report: Chinese markets plunge on mixed day for region
Wednesday 09 Oct 2024
(Sharecast News) - Asia-Pacific markets saw a mixed performance on Wednesday, with Chinese stocks snapping a 10-day winning streak amid a volatile trading session. Read More
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US DoJ calls for breakup of Google
Wednesday 09 Oct 2024
(Sharecast News) - The US government was said to be calling for a judge to break up Google in a potentially landmark ruling that would reshaped just how tech giants conduct their affairs. Read More
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German trade surplus jumps as exports unexpectedly rise
Wednesday 09 Oct 2024
(Sharecast News) - Germany's trade surplus jumped by more than forecast in August as exports unexpectedly grew, according to figures from the Federal Statistical Office on Wednesday. Read More
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US close: Tech stocks lead markets higher
Tuesday 08 Oct 2024
(Sharecast News) - US stocks finished higher on Tuesday, with the Nasdaq outperforming the other main benchmarks as all Magnificent Seven heavyweights advanced. Read More
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Europe close: Luxury, commodity stocks drop as China concerns hit markets
Tuesday 08 Oct 2024
(Sharecast News) - European stocks pared losses slightly by the close after a positive start on Wall Street but remained firmly in the red, with heavy falls in the drinks, luxury and commodities secto... Read More
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US open: Stocks mixed as bond yields remain elevated
Tuesday 08 Oct 2024
(Sharecast News) - Major indices were mixed early on Tuesday as oil prices eased slightly but bond yields remained elevated. Read More
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PepsiCo cuts revenue outlook again
Tuesday 08 Oct 2024
(Sharecast News) - PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter. Read More
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US pre-open: Futures higher following Monday's heavy losses
Tuesday 08 Oct 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday amid heightened oil prices and rising bond yields. Read More
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NFIB small business optimism index falls short of expectations
Tuesday 08 Oct 2024
(Sharecast News) - The National Federation of Independent Business' September optimism index increased to 91.5 in September, missing forecasts for a print of 91.7 and marking the 33rd consecutive mont... Read More
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Asia report: Most markets fall as China returns from holiday
Tuesday 08 Oct 2024
(Sharecast News) - Asia-Pacific markets experienced a turbulent session on Tuesday, as mainland Chinese markets returned from a week-long break, while traders digested weak data from Japan. Read More
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China to impose anti-dumping measures on EU brandy, drink stocks slump
Tuesday 08 Oct 2024
(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week. Read More
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