International News
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US GDP growth revised down in second quarter
Wednesday 30 Aug 2023
(Sharecast News) - US economic growth was less than expected in the second quarter of 2023, official revised estimates out on Wednesday showed. Read More
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Job creation slows to pre-pandemic levels in August, ADP says
Wednesday 30 Aug 2023
(Sharecast News) - The US private sector added fewer jobs than expected in August, according to the ADP Research Institute, as recent strong growth tailed off to levels not seen since before the pande... Read More
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US pre-open: Futures slip ahead of key ADP jobs report
Wednesday 30 Aug 2023
(Sharecast News) - US stock futures edged lower in pre-market trade on Wednesday as investors chose to take profits are recent gains ahead of some key data from the labour market. Read More
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Eurozone economic sentiment drops in August
Wednesday 30 Aug 2023
(Sharecast News) - Economic sentiment in the eurozone fell a touch more than expected in August, according to a survey released on Wednesday. Read More
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Asia report: Markets mostly rise amid global tech rally
Wednesday 30 Aug 2023
(Sharecast News) - Asian stock markets were mostly positive on Wednesday, buoyed by a technology-led rally on Wall Street overnight, where shares of Nvidia spurred enthusiasm. Read More
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Bitcoin climbs with a vengeance and rises above $27,000 thanks to Grayscale and 'bad news'
Wednesday 30 Aug 2023
(Sharecast News) - Bitcoin has risen strongly (+7%) and has surpassed $27,000 ($27,645), finally moving away from the $26,000 to which it clinged to for weeks. The cryptoqueen has benefited due to sev... Read More
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US close: Stocks rise ahead of busy few days for data
Tuesday 29 Aug 2023
(Sharecast News) - Wall Street closed with some decent gains on Tuesday, with investors looking ahead to a slew of US economic data scheduled to be released later this week. Read More
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Europe close: Shares get a jolt to extend rally late in session
Tuesday 29 Aug 2023
(Sharecast News) - European shares rallied at the close as a positive start on US markets boosted sentiment late in the session on the back of a softer jobs report that raised hopes of an easing in pr... Read More
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US job openings decline in July
Tuesday 29 Aug 2023
(Sharecast News) - The number of job openings at US companies declined in July, according to data released on Tuesday. Read More
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US consumer confidence unexpectedly tanks in August
Tuesday 29 Aug 2023
(Sharecast News) - US consumer confidence unexpectedly slumped in August as rising prices and concerns about future interest-rate hikes continued to drag on sentiment. Read More
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US open: Stocks edge higher as investors await key economic data
Tuesday 29 Aug 2023
(Sharecast News) - Wall Street stocks edged higher on Tuesday, though gains were modest as investors treaded carefully ahead of a barrage of US economic data later in the week. Read More
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US house prices rise again in June
Tuesday 29 Aug 2023
(Sharecast News) - US house prices rose again in June, according to the latest S&P/Case-Shiller national home price index. Read More
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Asia report: Markets rise after Wall Street's overnight bounce
Tuesday 29 Aug 2023
(Sharecast News) - Markets across the Asia-Pacific region reported generally positive results today, bolstered by strong performances in a number of sectors. Read More
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US pre-open: Futures point to a flat start on Wall Street
Tuesday 29 Aug 2023
(Sharecast News) - US stock futures were pointing to a flat start on Tuesday morning, as indices hold on to gains made the previous session, as bond yields continue to fall. Read More
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Cryptos take a breather, but Bitcoin still shows no sign of strength
Tuesday 29 Aug 2023
(Sharecast News) - Slight rises in the cryptocurrency market. Bitcoin (BTC) has gained 0.2% in the last 24 hours and is hovering around $26,000, while Ethereum (ETH) has risen another 0.2% and is seek... Read More
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German consumer sentiment set to deteriorate - GfK
Tuesday 29 Aug 2023
(Sharecast News) - German consumer sentiment is expected to deteriorate next month amid high inflation, according to a survey released on Tuesday by market research group GfK. Read More
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Cryptos are not getting back on their feet; Bitcoin drops 10% in August
Monday 28 Aug 2023
(Sharecast News) - Moderate falls in the cryptocurrency market. Bitcoin (BTC) drops 0.4% in the last 24 hours and falls below $26,000, while Ethereum (ETH) retreats another 0.4% and is close to $1,650... Read More
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US close: Stocks rise on hopes Fed will press pause
Friday 25 Aug 2023
(Sharecast News) - After a tentative start, US stocks finished Friday's session with decent gains after the head of the Federal Reserve failed to drop any new bombshells on the market during a much-an... Read More
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Europe close: Shares slip on Powell inflation remarks; WoS tanks
Friday 25 Aug 2023
(Sharecast News) - European shares closed marginally lower on Friday after US Federal Reserve chair Jerome Powell told the Jackson Hole symposium in Wyoming rates could rise again to quell inflation h... Read More
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Powell warns inflation still 'too high'
Friday 25 Aug 2023
(Sharecast News) - US interest rates could still be on the way to battle inflation that is "too high", Federal Reserve Chair Jerome Powell warned on Friday. Read More
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