International News
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US close: Stocks tumble as Fed takes rates to 5.25pc
Wednesday 03 May 2023
(Sharecast News) - Stocks on Wall Street closed in the red on Wednesday, after the Federal Reserve announced a 25-basis point hike to interest rates in its latest decision. Read More
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Fed hikes 25bp, opens door to possibility of a pause
Wednesday 03 May 2023
(Sharecast News) - The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle. Read More
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Europe close: Stocks in the green ahead of Fed rate decision
Wednesday 03 May 2023
(Sharecast News) - European shares ended the session modestly higher on Wednesday as the deluge of earnings continued and investors looked ahead to the US Federal Reserve's next move on interest rates... Read More
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US services sector activity strengthens a bit in April, ISM says
Wednesday 03 May 2023
(Sharecast News) - Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed. Read More
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Asia report: Markets fall ahead of latest Fed decision
Wednesday 03 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region closed lower on Wednesday, as investors adopted a cautious stance ahead of the Federal Reserve's policy decision later in the global day. Read More
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Lufthansa forecasts summer travel boom
Wednesday 03 May 2023
(Sharecast News) - Deutsche Lufthansa forecast a boom in summer travel on Wednesday, following a surge in first-quarter earnings. Read More
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US open: Stocks edge slightly higher ahead of Fed policy announcement
Wednesday 03 May 2023
(Sharecast News) - Wall Street's main market indices caught a small bid on Wednesday following the release of a batch of stronger-than-expected economic reports. Read More
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US services sector activity strengthens in April, S&P Global says
Wednesday 03 May 2023
(Sharecast News) - America's services sector strengthened last month, roughly as expected, the results of a survey revealed. Read More
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US private sector employment rises more than expected in April - ADP
Wednesday 03 May 2023
(Sharecast News) - Private sector employment in the US rose more than expected in April, according to data released by ADP on Wednesday. Read More
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Eurozone unemployment falls to record low
Wednesday 03 May 2023
(Sharecast News) - Unemployment in the Eurozone eased by more than expected in March, official data showed on Wednesday. Read More
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US pre-open: Stocks to nudge up ahead of Fed announcement
Wednesday 03 May 2023
(Sharecast News) - US futures pointed to a slightly firmer open on Wall Street on Wednesday, with all eyes on the latest policy announcement from the Federal Reserve. Read More
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UniCredit boosts full-year guidance on bumper first quarter
Wednesday 03 May 2023
(Sharecast News) - Italian lender UniCredit raised its full-year forecasts on Wednesday, after first-quarter results came in well ahead of expectations. Read More
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Strong demand sees sales power ahead at Porsche
Wednesday 03 May 2023
(Sharecast News) - Germany's Porsche said on Wednesday that it had got off to a strong start as an independent company, after a jump in quarterly sales and profits. Read More
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Cryptos rise ahead of Fed rate decision
Wednesday 03 May 2023
(Sharecast News) - Cryptocurrencies are rising ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) and Ethereum (ETH) gain 2% in the last 24 hours to over $28,600 and $1,860, resp... Read More
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US close: Stocks weaker on banking concerns, jobs data
Wednesday 03 May 2023
(Sharecast News) - Stocks on Wall Street closed significantly lower on Tuesday, with regional bank shares in focus after the failure of First Republic over the weekend. Read More
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Europe close: Stocks end lower ahead of Fed amid concerns around banks
Tuesday 02 May 2023
(Sharecast News) - European shares got off to a poor start in May as investors waited anxiously for the US central bank's policy decision the next day and continued concern around the banking sector. Read More
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US job opening decline further in March
Tuesday 02 May 2023
(Sharecast News) - The number of job opening continued to decline in March alongside a decrease in the number of Americans choosing to change employment. Read More
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US open: Wall Street gets off to a week start ahead of Fed decision
Tuesday 02 May 2023
(Sharecast News) - Wall Street got off to a weak start on Tuesday as investors eyed the latest policy announcement from the US Federal Reserve due out the next day, while concerns about the debt ceili... Read More
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DuPont downgrades top end of FY sales guidance
Tuesday 02 May 2023
(Sharecast News) - DuPont downgraded its full-year sales guidance on Tuesday as it pointed to a delay in the recovery of the electronics market. Read More
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Pfizer reaffirms guidance after Q1 fall in Covid-19 revenue
Tuesday 02 May 2023
(Sharecast News) - Pharmaceutical giant Pfizer reported a year-on-year decline in earnings per share and revenue on Tuesday, primarily driven by an expected decrease in revenue from its Covid-19 vacci... Read More
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