International News
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US homebuilder confidence may have hit bottom in December, NAHB says
Wednesday 18 Jan 2023
(Sharecast News) - Homebuilder confidence in the US may have hit bottom at the end of the previous year thanks to a "modest" decline in interest rates, a leading business lobby group said. Read More
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Microsoft to lay off 10,000 workers
Wednesday 18 Jan 2023
(Sharecast News) - Microsoft said on Wednesday that it's axing 10,000 jobs, or just under 5% of its workforce. Read More
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US producer prices undershoot forecasts in December
Wednesday 18 Jan 2023
(Sharecast News) - Wholesale prices undershot market expectations by a wide margin at the end of 2022. Read More
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Asia report: Most markets rise as Bank of Japan holds policy
Wednesday 18 Jan 2023
(Sharecast News) - Most stock markets in the Asia-Pacific region were higher on Wednesday, after the Bank of Japan kept its yield curve control policy on hold. Read More
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US pre-open: Futures slightly higher ahead of PPI, retail sales
Wednesday 18 Jan 2023
(Sharecast News) - Wall Street futures were trading slightly higher prior to the open on Wednesday as traders look ahead to some key economic data. Read More
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Eurozone inflation eases in December, in line with flash estimate
Wednesday 18 Jan 2023
(Sharecast News) - Consumer price inflation in the eurozone eased in December, according to figures released on Wednesday by Eurostat, in line with an earlier flash estimate. Read More
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Cryptocurrencies are not slowing down; Bitcoin consolidates at $21,200
Wednesday 18 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down and is approaching a total capitalization of $1 trillion. Bitcoin (BTC) rallies 0.6% in the last 24 hours and consolidates at $21,200; ... Read More
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BoJ suprises markets and holds on yield curve controls
Wednesday 18 Jan 2023
(Sharecast News) - The Bank of Japan surprised markets on Wednesday and left its yield curve control (YCC) measures unchanged as it maintained its cheap-money policy, sparking a surge in equities, but... Read More
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US close: Stocks mixed as traders digest more Q4 earnings
Wednesday 18 Jan 2023
(Sharecast News) - Wall Street stocks delivered a mixed performance on Tuesday as market participants digested more corporate earnings. Read More
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Europe close: Stocks rise as German economic confidence recovers from war
Tuesday 17 Jan 2023
(Sharecast News) - European shares rose on Tuesday after a gauge of economic confidence in Germany moved back into positive territory for the first time since the Russian invasion of Ukraine, promptin... Read More
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Empire State factory index drops sharply in January
Tuesday 17 Jan 2023
(Sharecast News) - Factory sector activity in the New York area fell sharply at the start of 2023, the results of a closely followed survey revealed. Read More
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US open: Stocks mixed as Q4 earnings remain in focus
Tuesday 17 Jan 2023
(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants digested more corporate earnings. Read More
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Goldman Sachs posts weak Q4 due to drag from investment banking
Tuesday 17 Jan 2023
(Sharecast News) - Goldman Sachs posted weaker-than-expected profits and revenues for the last three months of 2022, due to the drag from investment banking as well as from its asset and wealth manage... Read More
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Investors remain 'bearish', BofA fund manager survey shows
Tuesday 17 Jan 2023
(Sharecast News) - Humans remained bearish albeit a lot less so than in the last quarter of 2022, BofA's global fund manager survey for January showed. Read More
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Morgan Stanley Q4 earnings beat expectations
Tuesday 17 Jan 2023
(Sharecast News) - Financial services company Morgan Stanley posted fourth-quarter earnings that beat expectations on Tuesday, driven by record revenues in its wealth management unit. Read More
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Asia report: Most markets fall amid wave of data from China
Tuesday 17 Jan 2023
(Sharecast News) - Most stock markets were in the red in Asia on Tuesday, as investors digested a veritable tsunami of data out of China. Read More
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Investor morale jumps in Germany
Tuesday 17 Jan 2023
(Sharecast News) - Investor sentiment bounced back in Germany, a closely-watched survey suggested on Tuesday, beating expectations. Read More
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Germany sees inflation ease
Tuesday 17 Jan 2023
(Sharecast News) - German inflation continued to ease in December, official data showed on Tuesday, as energy prices softened. Read More
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US pre-open: Futures trade lower ahead of Q4 earnings
Tuesday 17 Jan 2023
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants braced for more corporate earnings. Read More
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Growth slows in China as Covid weighs heavily
Tuesday 17 Jan 2023
(Sharecast News) - China's economy grew by just 3% last year, official data showed on Tuesday, well below government targets and one of the slowest rates since the 1970s. Read More
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