International News
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US pre-open: Stocks seen down as investors eye Powell again
Thursday 22 Jun 2023
(Sharecast News) - US stock futures pointed to weaker open on Wall Street on Thursday as investors eyed the second day of Federal Reserve chair Jerome Powell's congressional testimony. Read More
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Swiss central bank ups interest rates, strikes hawkish tone
Thursday 22 Jun 2023
(Sharecast News) - The Swiss National Bank increased the cost of borrowing for the fifth time on Thursday, as it looked to get inflation under control. Read More
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Norges Bank hikes rates by 50 basis points
Thursday 22 Jun 2023
(Sharecast News) - Norway's central bank hiked interest rates on Thursday by 50 basis points 3.75% as it looks to tackle inflation. Read More
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Asia report: Stocks mixed after Powell comments, China closed
Thursday 22 Jun 2023
(Sharecast News) - Stock markets across the Asia-Pacific region ended Thursday's trading in mixed terrain, as investors digested overnight comments from US Federal Reserve Chairman Jerome Powell regar... Read More
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Bitcoin recaptures $30,000 thanks to a series of good news
Thursday 22 Jun 2023
(Sharecast News) - Bitcoin has recaptured the $30,000 mark (+4.9%, $30,237) thanks to a series of positive news that has managed to counteract the unfavorable information that has penalized it in rece... Read More
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US close: Stocks fall for third day as Powell warns of further hikes
Thursday 22 Jun 2023
(Sharecast News) - Wall Street stocks experienced their third consecutive day in the red on Wednesday, after Federal Reserve chair Jerome Powell warned Congress that further rate hikes would be needed... Read More
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Europe close: Stocks end mostly lower after UK CPI data, Fed's Powell
Wednesday 21 Jun 2023
(Sharecast News) - Stocks on the Continent finished Wednesday's session mostly lower as investors as worse than expected inflation data in the UK added to concerns regarding the outlook for interest r... Read More
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US open: Stocks trade slightly lower as Powell beings testimony
Wednesday 21 Jun 2023
(Sharecast News) - Wall Street's main market gauges traded lower as investors kept a careful eye on Federal Reserve chairman Jerome Powell's testimony. Read More
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Fed's Powell reiterates nearly all FOMC members expect 'somewhat' more rate hikes
Wednesday 21 Jun 2023
(Sharecast News) - The head of the US central bank reiterated that the Federal Reserve remained "squarely focused" on its dual mandate of maximum employment and stable prices. Read More
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Asia report: Chinese tech plays lead markets lower
Wednesday 21 Jun 2023
(Sharecast News) - Most Asian-Pacific stock markets witnessed sharp declines on Wednesday, led primarily by technology shares in China. Japan was the only notable exception, with its indices closing i... Read More
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US pre-open: Stocks to nudge lower ahead of Powell testimony
Wednesday 21 Jun 2023
(Sharecast News) - US stock futures pointed to a marginally weaker open on Wall Street on Wednesday as investors eyed a speech by Federal Reserve chairman Jerome Powell. Read More
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Bitcoin soars and touches $29,000; "Everyone is talking about it once again"
Wednesday 21 Jun 2023
(Sharecast News) - Bitcoin is one of the main events of Wednesday´s session, as it rises strongly and is close to $29,000 (+7.9%, $28,935). After living some complicated days, marked by the action of ... Read More
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US close: Stocks weaker ahead of Fed chair's testimony
Tuesday 20 Jun 2023
(Sharecast News) - Wall Street's leading indices concluded Tuesday's trading session with losses following a long holiday weekend, as investors kept a cautious stance ahead of Federal Reserve Chairman... Read More
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Europe close: Stocks slip as China stimulus underwhelms
Tuesday 20 Jun 2023
(Sharecast News) - Stocks on the Continent finished lower as investors pondered the potential for further interest rate hikes, both in the euro area and in the States. Read More
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US open: Stocks get off to soft start with investors waiting on Powell
Tuesday 20 Jun 2023
(Sharecast News) - Wall Street got off to a weak start as investors took some money off the table ahead of a keenly awaited speech from Federal Reserve chairman, Jerome Powell, scheduled for the next ... Read More
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US housing starts jump past forecasts in May
Tuesday 20 Jun 2023
(Sharecast News) - New home construction easily outpaced economists' forecasts for last month, but some economists were wary. Read More
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Asia report: Stocks mixed as PBoC trims loan prime rates
Tuesday 20 Jun 2023
(Sharecast News) - Asia-Pacific stocks ended Tuesday's trading session on a mixed note, following a decision by the People's Bank of China to trim two critical interest rates by 10 basis points. Read More
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Eli Lilly to buy Dice Therapeutics in $2.4bn deal
Tuesday 20 Jun 2023
(Sharecast News) - Eli Lilly said on Tuesday that it has agreed to buy biopharmaceutical company Dice Therapeutics in a $2.4bn deal. Read More
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US pre-open: Stocks seen lower ahead of Powell speech
Tuesday 20 Jun 2023
(Sharecast News) - US stock futures pointed to a weaker open on Wall Street on Tuesday as investors eyed a speech by Federal Reserve chair Jerome Powell. Read More
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German producer price gains ebb in June
Tuesday 20 Jun 2023
(Sharecast News) - Factory gate prices in the single currency area's largest economy dropped last month. Read More
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