International News
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Europe close: Stocks drop as ECB sounds hawkish note
Thursday 15 Dec 2022
(Sharecast News) - European stock markets finished sharply lower on Thursday as interest rates were lifted in Switzerland, Norway, the UK and in the euro area even as investors were digesting hawkish ... Read More
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US industrial production dips amid drag from manufacturing
Thursday 15 Dec 2022
(Sharecast News) - Industrial production growth in the US fell short of forecasts last month due to the drag from factory and mining activity. Read More
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US open: Stocks sharply lower following Fed rate decision
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks were sharply lower early on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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ECB will continue 50bp hikes for 'a period of time'
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank will continue hiking interest rates by 50 basis points per meeting for "a period of time", President Christine Lagarde said. Read More
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Americans rein in their spending a bit in November
Thursday 15 Dec 2022
(Sharecast News) - Americans unexpectedly reined in their spending a bit in November. Read More
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US initial jobless claims drop to lowest level in almost three months
Thursday 15 Dec 2022
(Sharecast News) - US first-time unemployment claims fell by 20,000 in the week ended 10 December, dropping to 211,000 - the lowest level since the end of September and well below market expectations ... Read More
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US Philly Fed index rebounds a bit less than expected in December
Thursday 15 Dec 2022
(Sharecast News) - Factory activity in the US mid-Atlantic region continued to shrink at the end of 2022, albeit at a slower clip, the results of a closely followed survey revealed. Read More
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ECB lifts rates by 50 basis points; outlook hawkish
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank hiked interest rates on Thursday by 50 basis points, as expected, in the face of surging inflation. Read More
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US pre-open: Futures lower as investors digest Fed rate hike
Thursday 15 Dec 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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Asia report: Stocks fall after Fed hike, data deluge
Thursday 15 Dec 2022
(Sharecast News) - Most stock markets in Asia closed in the red on Thursday, as investors reacted to the US Fed's 50-basis point interest rate hike overnight. Read More
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Citigroup announces closure of China consumer business
Thursday 15 Dec 2022
(Sharecast News) - Citigroup announced the winding-down of its consumer operations in China on Thursday, in a move that would see the jobs of 1,200 of its staff in the country affected. Read More
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EU new car registrations rise again in November
Thursday 15 Dec 2022
(Sharecast News) - Europe's passenger car market saw another "strong uplift" in November, according to industry data released on Thursday, with passenger car registrations rising for the fourth consec... Read More
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Industrial action to go ahead at Heathrow
Thursday 15 Dec 2022
(Sharecast News) - A planned 72-hour strike by ground handlers at Heathrow airport will go ahead on Friday, after the latest round of pay talks broke down. Read More
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H&M net sales little changed in Q4
Thursday 15 Dec 2022
(Sharecast News) - H&M posted a modest increase in fourth-quarter net sales for the three months ended 30 November on Thursday, just two weeks after the fast fashion giant announced plans to cut 1,500... Read More
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Cryptocurrencies turn downward after Fed meeting; Bitcoin loses $18,000
Thursday 15 Dec 2022
(Sharecast News) - There´s been a downward turn for cryptocurrencies. Bitcoin (BTC) falls about 0.5% in the last 24 hours and abandons the $18,000 level once again, while Ethereum (ETH) also fails to ... Read More
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Norway central bank lifts rates by 25 basis points
Thursday 15 Dec 2022
(Sharecast News) - Norway's central bank lifted its benchmark interest rate on Thursday by 25 basis points to 2.75%, as expected. Read More
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SNB hikes rates by 50 basis points
Thursday 15 Dec 2022
(Sharecast News) - The Swiss National Bank lifted its key policy rate on Thursday by 50 basis points to 1.00%, in line with expectations. Read More
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Elon Musk sells 22m Tesla shares
Thursday 15 Dec 2022
(Sharecast News) - Eccentric billionaire Elon Musk has offloaded 22.0m shares in electric carmaker Tesla, bringing the total value of stock sold by the group's chief executive over the past year to al... Read More
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China's economy falters as factory output, retail sales fall
Thursday 15 Dec 2022
(Sharecast News) - China's economy continued to struggle in November, official data showed on Thursday, with both industrial production and retail sales missing estimates. Read More
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US close: Stocks turn southwards after Fed rate hike
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks reversed their earlier gains to close weaker on Wednesday, as market participants digested a 50-basis point interest rate hike from the Federal Reserve. Read More
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