International News
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Cryptocurrency jitters; Bitcoin could test the $25,000 mark
Monday 22 May 2023
(Sharecast News) - Cryptocurrencies start the week with trepidation. Bitcoin (BTC) has retreated slightly, dropping 0.8% in the last 24 hours and falling below $26,900. For its part, Ethereum (ETH) fo... Read More
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China bans US chipmaker Micron from key infrastructure projects
Monday 22 May 2023
(Sharecast News) - China has banned US chipmaker Micron Technology's products from major infrastructure projects, claiming they pose a national security risk. Read More
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Ryanair swings back to profit amid recovery in travel demand
Monday 22 May 2023
(Sharecast News) - Low-cost airline Ryanair said in its full-year results on Monday that, despite a loss of €154m (£133.87m) in the fourth quarter, it still swung to a full-year profit after tax... Read More
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China holds rates for ninth consecutive month
Monday 22 May 2023
(Sharecast News) - China kept its benchmark lending rates unchanged for the ninth month in a row on Monday, in line with forecasts. Read More
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Europe close: Dax posts fresh record high
Friday 19 May 2023
(Sharecast News) - European shares continued pushing on Friday amid optimism that an agreement would be reached in talks on the US debt ceiling. Read More
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Fed's Powell says no decisions about need for further hikes has been taken
Friday 19 May 2023
(Sharecast News) - The head of the US central bank left the door open to a pause in interest rate hikes at its next policy meeting, even as he noted that inflation from the services sector was persist... Read More
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Republican debt ceiling negotiators walk out of White House meeting
Friday 19 May 2023
(Sharecast News) - Republican lawmakers walked out of negotiations to raise the government debt ceiling at a closed door meeting at the White House. Read More
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US open: Stocks slightly higher as investors wait on Fed's Powell
Friday 19 May 2023
(Sharecast News) - Stocks on Wall Street were trading slightly higher at the end of the week as investors waited on a panel including Federal Reserve chairman Jerome Powell for policy clues. Read More
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Morgan Stanley CEO Gorman to step down in the next year
Friday 19 May 2023
(Sharecast News) - Morgan Stanley's chief executive officer announced on Friday that he will be stepping down in the next year. Read More
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Foot Locker slashes FY guidance, shares tumble
Friday 19 May 2023
(Sharecast News) - Foot Locker shares tumbled on Friday after the retailer cut its annual sales and profit guidance as it reported a drop in first-quarter sales and net income. Read More
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Germany producer price rises cool in April
Friday 19 May 2023
(Sharecast News) - Producer prices in Germany saw their smallest year-on-year increase in more than two years in April, according to data released on Friday morning, adding to hopes of cooling eurozon... Read More
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Asia report: Stocks mixed, Nikkei hits 33-year high as G7 begins
Friday 19 May 2023
(Sharecast News) - Asia-Pacific stock markets closed on a mixed note on Friday, marking the end of a tumultuous week influenced by a variety of factors, including concerns over the US federal debt cei... Read More
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US pre-open: Stocks seen touch higher amid debt deal hopes
Friday 19 May 2023
(Sharecast News) - US stock futures pointed to a marginally higher open on Wall Street on Friday amid growing hopes a deal will be struck to avert a debt default. Read More
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US close: Stocks rise on corporate earnings, debt ceiling chatter
Thursday 18 May 2023
(Sharecast News) - Wall Street's major indices all closed in positive territory on Thursday, buoyed by a strong round of corporate earnings and an influx of economic data. Read More
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Europe close: Dax notches up fresh 1-year high
Thursday 18 May 2023
(Sharecast News) - European stocks gained on Thursday, riding an upbeat Wall Street session on hopes that a deal to resolve the US debt ceiling dispute was close. Read More
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US open: Stocks mostly higher after jobs and factory readings
Thursday 18 May 2023
(Sharecast News) - Stocks on Wall Street were mixed but regaining ground following the release of better-than-expected readings on the jobs market and factory activity. Read More
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McCarthy says vote on debt ceiling increase or suspension may come during following week
Thursday 18 May 2023
(Sharecast News) - Lawmakers in the US may vote on a deal to lift or suspend the government's debt ceiling as soon as the following week, a top Republican said. Read More
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Fed's Logan doesn´t see enough reasons yet for a rate pause in June
Thursday 18 May 2023
(Sharecast News) - A top US central bank official cast her ballot in favour of a further rate hike at the Federal Reserve's 14 June meeting. Read More
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Weekly US jobless claims drop by more than expected
Thursday 18 May 2023
(Sharecast News) - The number of people filing for jobless claims dropped by more than expected during the previous week. Read More
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Philly Fed index improves by more than expected in May
Thursday 18 May 2023
(Sharecast News) - The slowdown in manufacturing in the US mid-Atlantic region eased by more than expected in May, the results of a closely followed survey showed. Read More
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