International News
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Europe close: Stocks start December off on front foot
Thursday 01 Dec 2022
(Sharecast News) - European stocks made a bright start to trade in December as investors responded to what some analysts said was US Federal Reserve Chair Jerome Powell's decision not to push back on ... Read More
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EU coalescing around $60 per barrel price cap on Russian crude oil exports
Thursday 01 Dec 2022
(Sharecast News) - European Union member states were nearing a consensus on the level for the block's price cap on Russian crude oil exports centred on the $60 barrel mark. Read More
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Fed's Bowman says rates will need to remain restrictive 'for some time'
Thursday 01 Dec 2022
(Sharecast News) - A top US central bank official on Thursday said on Thursday that interest rates would need to remain "restrictive" for some time. Read More
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US open: Stocks trade lower following Wednesday's rally
Thursday 01 Dec 2022
(Sharecast News) - Wall Street stocks were in the red early on Thursday after having surged in the previous session as Federal Reserve chair Jerome Powell suggested a slowdown in the pace of rate hike... Read More
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US manufacturing PMI declines a bit more than expected in November, ISM says
Thursday 01 Dec 2022
(Sharecast News) - US manufacturing activity slipped further in November amid weaker domestic and international orders, the results of a closely followed survey revealed. Read More
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US factory PMI moves into contractionary territory in November, S&P Global says
Thursday 01 Dec 2022
(Sharecast News) - Factory sector activity in the US shrank last month with the downturn the sharpest since May 2020, revised survey readings confirmed. Read More
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US weekly jobless claims slip during latest week
Thursday 01 Dec 2022
(Sharecast News) - Unemployment claims in the US slipped over the latest week. Read More
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US personal incomes and spending jump in October
Thursday 01 Dec 2022
(Sharecast News) - Americans wage and salary growth accelerated in October, supporting faster consumption. Read More
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China set to ease Covid-19 restrictions
Thursday 01 Dec 2022
(Sharecast News) - Officials in Beijing were set to ease their quarantine controls for Covid-19 over the next few days. Read More
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Eurozone unemployment nudges lower
Thursday 01 Dec 2022
(Sharecast News) - Unemployment across the eurozone nudged lower in October, official data showed on Thursday. Read More
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US pre-open: Stocks to fall after Wednesday's Powell-inspired rally
Thursday 01 Dec 2022
(Sharecast News) - US stocks looked set for a slightly weaker open on Thursday, having surged a day earlier after Federal Reserve chair Jerome Powell suggested a slowdown in the pace of rate hikes. Read More
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Asia report: Stocks rise on Fed sentiment, data from China and Korea
Thursday 01 Dec 2022
(Sharecast News) - Equity markets were in the green across the Asia-Pacific region on Thursday, as investors reacted to signals from across the Pacific that the Federal Reserve was looking at smaller ... Read More
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Eurozone manufacturing downturn eases in November
Thursday 01 Dec 2022
(Sharecast News) - The slowdown in eurozone manufacturing activity eased in November, according to a survey released on Thursday. Read More
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Powell and the Fed boost cryptocurrencies; Bitcoin recovers to $17,000
Thursday 01 Dec 2022
(Sharecast News) - Cryptocurrencies keep up their good trend. Bitcoin (BTC) has recorded gains of more than 1% in the last 24 hours and regained the $17,000 mark for the first time since November 11. ... Read More
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German retail sales fall 2.8% in October
Thursday 01 Dec 2022
(Sharecast News) - German retail sales fell a more-than-expected 2.8% in October compared with the previous month as consumers reined in discretionary spending, data showed on Thursday. Read More
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China factory activity shrinks again in November - Caixin
Thursday 01 Dec 2022
(Sharecast News) - Activity in China's manufacturing sector shrank again in November, according to data released on Thursday. Read More
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US close: Stocks surge after Jerome Powell speech
Thursday 01 Dec 2022
(Sharecast News) - Wall Street stocks closed well above the waterline on Wednesday, as market participants digested comments from Federal Reserve chairman Jerome Powell after an avalanche of economic ... Read More
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Fed's Powell says rate hikes may slow, but path of inflation 'highly uncertain'
Wednesday 30 Nov 2022
(Sharecast News) - The head of the US central bank opened the door to a downshift in the pace of interest rate hikes as soon as December. Read More
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Chicago PMI craters in November
Wednesday 30 Nov 2022
(Sharecast News) - Manufacturing sector activity in the Chicago registered an outsized slump in November, the results of a survey revealed. Read More
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US pending home sales fall slightly less than expected in October
Wednesday 30 Nov 2022
(Sharecast News) - Contracts to purchase previously owned US homes declined for the fifth month in a row in October, albeit slightly less than expected, as higher mortgage rates continued to weigh on ... Read More
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