International News
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Euro area construction output shrinks in April
Tuesday 20 Jun 2023
(Sharecast News) - Construction output in the single currency bloc shrank in April, despite rebounds in France and Germany. Read More
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Bitcoin trades with gains as it tries to reach $27,000
Tuesday 20 Jun 2023
(Sharecast News) - Bitcoin is trading with gains as it tries to reach the $27,000 level. Today, on Tuesday, the main cryptocurrency is moving in the $26,900 zone, which implies a rise of close to 1.5%... Read More
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PBOC cuts two key lending rates
Tuesday 20 Jun 2023
(Sharecast News) - The People's Bank of China cut two key lending rates on Tuesday as it looks to bolster the economy. Read More
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Europe close: Investors turn a bit more cautious, China growth worries drag
Monday 19 Jun 2023
(Sharecast News) - European stocks were in the red on Monday amid investor caution following the previous week's big gains and regarding China's growth prospects. Read More
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US homebuilder confidence jumps in June, NAHB says
Monday 19 Jun 2023
(Sharecast News) - Homebuilder confidence in the States moved back into positive territory for the first time in 11 months, helped by a dearth of housing inventory and improving supply chain efficienc... Read More
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Bitcoin starts to recover thanks to BlackRock's latest moves
Monday 19 Jun 2023
(Sharecast News) - Bitcoin faced a few difficult days amid the actions of US regulator, SEC, on Binance and Coinbase and their allegedly irregular practices. This caused the cryptoking to suffer, whic... Read More
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Goldman Sachs cuts China growth forecasts
Monday 19 Jun 2023
(Sharecast News) - Goldman Sachs has cut its growth forecasts for China, arguing that after a strong start in the first quarter, the country's post-reopening recovery "appears to have fizzled out in Q... Read More
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Asia report: Stocks slip ahead of China loan prime rate decision
Monday 19 Jun 2023
(Sharecast News) - Asian equities were primarily down on Monday, with only Australia bucking the trend, amid anticipation of the People's Bank of China's loan prime rate decision due later this week. Read More
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US open: Stocks edge up as bear capitulation continues, consumer confidence strengthens
Friday 16 Jun 2023
(Sharecast News) - US stocks added to the solid gains from the previous session in early trading, even as a top-rated Wall Street strategist cautioned that upside for the S&P 500 benchmark might be li... Read More
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Europe close: Stocks push higher again, despite hawkish central banks
Friday 16 Jun 2023
(Sharecast News) - European shares jumped on Friday, ignoring continuing hawkish noise from central banks around the world and taking their cue from strong sessions in the US and Asia overnight. Read More
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Fed's Barkin wants to return inflation to target 'relatively quickly'
Friday 16 Jun 2023
(Sharecast News) - A top Fed official said that he would be comfortable supporting further rate hikes if incoming data did not show slower demand returning inflation to 2% "relatively quickly". Read More
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US consumer confidence picks up in June, inflation expectations drop, University of Michigan says
Friday 16 Jun 2023
(Sharecast News) - Consumer confidence in the US improved a bit in June, alongside a big drop in inflation expectations. Read More
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BofA's Hartnett does not believe US stocks at start of 'new bull market'
Friday 16 Jun 2023
(Sharecast News) - A top-rated equity strategist at BofA Securities cautioned clients that he did not believe that Wall Street was starting on a "brand new shiny bull market". Read More
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US pre-open: Stocks seen steady; iRobot surges
Friday 16 Jun 2023
(Sharecast News) - US stock futures pointed to a steady open on Friday following solid gains in the previous session. Read More
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Asia report: Stocks make gains as BoJ keeps rates on hold
Friday 16 Jun 2023
(Sharecast News) - Markets in the Asia-Pacific region ended the trading week on a strong note, with most indices closing in the green on Friday. Read More
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Cryptos rebound, boosted by BlackRock's potential Bitcoin ETF
Friday 16 Jun 2023
(Sharecast News) - The cryptocurrency market rebounds. Bitcoin (BTC) rises over 2% in the last 24 hours and reaches $25,600, while Ethereum (ETH) follows in its wake and reaches $1,670. However, both ... Read More
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Bank of Japan leaves rates unchanged
Friday 16 Jun 2023
(Sharecast News) - The Bank of Japan maintained its loose monetary policy on Friday and left interest rates unchanged, in line with expectations. Read More
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ITV mulling possible acquisition of All3Media
Friday 16 Jun 2023
(Sharecast News) - ITV is in talks about the possible acquisition of All3Media, the independent production company behind The Traitors, it confirmed on Friday. Read More
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US close: Stocks advance after flurry of data
Friday 16 Jun 2023
(Sharecast News) - Thursday proved to be a fruitful day for Wall Street, with all of the major stock indices closing in the green, and the S&P 500 and the Nasdaq Composite closed at 14-month highs ami... Read More
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Europe close: Stock gains stall as ECB hikes, promises more
Thursday 15 Jun 2023
(Sharecast News) - The rally in European markets stalled on Thursday after the US Federal Reserve paused rate rises, but said more could be on the way. Read More
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