International News
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Asia report: Mainland China bourses lead regional gains
Monday 16 Jan 2023
(Sharecast News) - Stock markets were mostly higher in Asia on Monday, with mainland China's bourses leading the gains, as investors cheered the prospect of cooling consumer inflation. Read More
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Bitcoin rises above $21,000, but experts recommend "controlling enthusiasm"
Monday 16 Jan 2023
(Sharecast News) - Bitcoin recovers positions in a very prominent way, managing to rise above $21,000 after overcoming the resistance of $18,420 on Friday. Experts are wondering today, on Monday, if t... Read More
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Europe close: Stocks finish off second positive week in a row
Friday 13 Jan 2023
(Sharecast News) - European shares were higher on Friday as investors were cheered by US inflation undershooting estimates and the UK and German economies put in better-than-expected performance, sugg... Read More
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BlackRock reports 'strong momentum' as quarterly profits fall
Friday 13 Jan 2023
(Sharecast News) - BlackRock reported an 18% fall in its fourth-quarter adjusted profits on Friday, to $1.36bn, as weakening economic sentiment put a lid on its fee income. Read More
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Slower US wage growth in December may point to 25bp Fed hike, Barclays says
Friday 13 Jan 2023
(Sharecast News) - US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022. Read More
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Consumer confidence rises and inflation expectations drop in December, University of Michigan says
Friday 13 Jan 2023
(Sharecast News) - Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed. Read More
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US import prices register first increase in six months
Friday 13 Jan 2023
(Sharecast News) - US import prices unexpectedly broke a five-month streak of declines at the end of 2022. Read More
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US open: Major indices head south following bank earnings
Friday 13 Jan 2023
(Sharecast News) - Wall Street stocks were in the red early on Friday as market participants digested quarterly figures from a number of the nation's biggest banks. Read More
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Citigroup posts larger than expected decline in Q4 net income
Friday 13 Jan 2023
(Sharecast News) - Citi posted a drop in quarterly net income amid a jump in credit losses and as it built up the lender's provisions, although higher interest rates resulted in mid-single digit growt... Read More
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Wells Fargo post disappointing Q4 earnings
Friday 13 Jan 2023
(Sharecast News) - Financial services group Wells Fargo reported declining quarterly profits on Friday as a recent settlement and a need for growing reserves took their toll. Read More
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Bank of America Q4 profits top expectations
Friday 13 Jan 2023
(Sharecast News) - Bank of America posted better-than-expected fourth-quarter profits on Friday as rising interest rates boosted net interest income. Read More
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Asia report: Most markets rise as Bank of Korea hikes rates
Friday 13 Jan 2023
(Sharecast News) - Most markets in Asia closed higher on Friday, after a much-anticipated consumer inflation print in the US came in cooler than expected overnight. Read More
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JPMorgan Chase Q4 earnings beat on top and bottom line
Friday 13 Jan 2023
(Sharecast News) - US banking giant JPMorgan Chase beat Wall Street expectations on both the top and bottom line with its fourth-quarter earnings on Friday. Read More
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US pre-open: Futures in the red as Q4 bank earnings roll in
Friday 13 Jan 2023
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as market participants prepped for the beginning of earnings seasons with figures from a number of the nation's bigge... Read More
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Eurozone industrial production sparks
Friday 13 Jan 2023
(Sharecast News) - Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday. Read More
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Crypto.com to lay off 20% of global workforce
Friday 13 Jan 2023
(Sharecast News) - Crypto.com is axing a fifth of its workforce, the cryptocurrency platform said on Friday, after the collapse of FTX continued to send shockwaves across the industry. Read More
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German economy grows touch more than expected in 2022
Friday 13 Jan 2023
(Sharecast News) - The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis. Read More
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Cryptocurrencies rise unabated; Bitcoin flirts with the $19,000 mark
Friday 13 Jan 2023
(Sharecast News) - The cryptocurrency market continues to rise and recovers the $900 billion market capitalization. Bitcoin (BTC) has risen almost 4% in the last 24 hours and stands at $18,820, as it ... Read More
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China's exports, imports tumble
Friday 13 Jan 2023
(Sharecast News) - Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened. Read More
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US close: Stocks rise as consumer inflation cools in December
Friday 13 Jan 2023
(Sharecast News) - Wall Street trading finished in positive territory on Thursday, as investors digested last month's all-important consumer price index. Read More
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