International News
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German industrial production rises 0.6% in September
Monday 07 Nov 2022
(Sharecast News) - German industrial production unexpectedly rose in September, according to federal statistics authority Destatis, beating market forecasts with a 0.6% month-on-month increase. Read More
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China sees exports unexpectedly fall
Monday 07 Nov 2022
(Sharecast News) - China's exports showed a surprise contraction last month, official data showed on Monday, as Covid-19 restrictions and softening global demand weighed heavily. Read More
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Facebook owner Meta to begin layoffs this week - report
Monday 07 Nov 2022
(Sharecast News) - Facebook and Instagram owner Meta Platforms is reportedly planning to begin layoffs that will affect thousands of workers from this week. Read More
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Europe close: Stocks jump on reports of China easing some Covid-19 curbs
Friday 04 Nov 2022
(Sharecast News) - European shares surged on reports that China was set to ease some of its tough Covid curbs and despite weak eurozone survey data. Read More
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Pfizer BioNTech BA.4/BA.5 booster against Covid-19 shows greater efficacy
Friday 04 Nov 2022
(Sharecast News) - Pfizer and BioNTech's Covid-19 booster revealed greater efficacy against the BA.4/BA.5 variants of the virus than their original shot in persons older than 55. Read More
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US non-farm payrolls exceed forecasts for October
Friday 04 Nov 2022
(Sharecast News) - Non-farm payrolls in the US continued to grow more quickly than expected last month, although some market commentary were highlighting a decline in a measure of employment derived f... Read More
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US open: Stocks trade higher following hotter-than-expected NFP report
Friday 04 Nov 2022
(Sharecast News) - Wall Street stocks were in the green early on Friday as investors digested a hotter-than-expected non-farm payrolls report. Read More
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US pre-open: Futures in the green ahead of NFP report
Friday 04 Nov 2022
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as investors await the release of last month's non-farm payrolls report. Read More
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China approves BioNTech Covid vaccine for use among expatriates
Friday 04 Nov 2022
(Sharecast News) - China approved BioNTech SE's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China. Read More
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Asia report: Hong Kong rally continues on China reopening chatter
Friday 04 Nov 2022
(Sharecast News) - Stock markets were mixed at the end of trading in Asia on Friday, with Hong Kong's benchmark surging more than 5% on continued speculation of a post-Covid reopening in China. Read More
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SocGen tops expectations for third-quarter net earnings
Friday 04 Nov 2022
(Sharecast News) - French banking giant Societe Generale beat expectations on its reported third-quarter net earnings on Friday, which came in at €1.5bn - well ahead of the €1bn analysts h... Read More
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Bitcoin manages to stay above $20,000, thanks to a bullish week
Friday 04 Nov 2022
(Sharecast News) - A bullish week in the cryptocurrency market has favored Bitcoin, as it manages to stay above $20,000 for several days in a row. However, not all analysts believe that the cryptocurr... Read More
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China preparing to end Covid flight suspensions - report
Friday 04 Nov 2022
(Sharecast News) - China is reportedly working on plans to scrap a system that penalises airlines for bringing virus cases into the country. Read More
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EZ composite PMI hits lowest level in almost two years
Friday 04 Nov 2022
(Sharecast News) - Eurozone business activity contracted in October as the cost-of-living crisis hit demand, the S&P Global PMI survey revealed on Friday. Read More
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German factory orders slump in September
Friday 04 Nov 2022
(Sharecast News) - German factory orders fell a lot more than expected in September, according to figures released on Friday by Destatis, adding to concerns it is entering a recession. Read More
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Europe close: Stocks slip after Fed and BoE rate hikes
Thursday 03 Nov 2022
(Sharecast News) - European equities were modestly lower on Thursday as investors digested the US Federal Reserve's suggestion overnight that rates could continue to rise for longer and the Bank of En... Read More
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US close: Stocks fall further ahead of nonfarm payrolls
Thursday 03 Nov 2022
(Sharecast News) - Wall Street stocks closed weaker on Thursday as market participants continued to digest the 75-basis point rate hike from the Federal Reserve on Wednesday, and looked ahead to Frida... Read More
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US Q3 unit labour costs grow slightly less quickly than expected
Thursday 03 Nov 2022
(Sharecast News) - US non-farm labour productivity and unit labour costs were a tad better behaved than expected during the third quarter. Read More
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ISM services PMI falls a bit more than expected in October, but prices pick up
Thursday 03 Nov 2022
(Sharecast News) - Activity in America's services sector grew a tad less quickly than anticipated in October, the results of a closely followed survey revealed, but price pressures grew. Read More
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US open: Stocks trade lower following Fed decision
Thursday 03 Nov 2022
(Sharecast News) - Wall Street stocks were in the red early on Thursday as market participants came to terms with the Federal Reserve's decision to hike interest rates by 75 basis points. Read More
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