International News
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US mortgage applications rise 0.5%
Wednesday 15 May 2024
(Sharecast News) - US mortgage applications rose 0.5% in the week ended 10 May, according to the Mortgage Bankers Association of America, following on from a 2.6% jump in the previous week. Read More
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Eurozone inflation to fall faster than forecast - EU
Wednesday 15 May 2024
(Sharecast News) - Eurozone inflation is set to fall faster than initially expected this year, the European Commission forecast on Wednesday. Read More
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US pre-open: Futures little changed ahead of CPI reading
Wednesday 15 May 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as market participants held their breath for last month's all-important consumer price index report. Read More
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Asia report: Markets mixed amid quieter trading
Wednesday 15 May 2024
(Sharecast News) - Asia-Pacific markets finished a relatively subdued Wednesday in a mixed state, following gains on Wall Street overnight despite concerns over robust inflation data stateside. Read More
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Thyssenkrupp lowers full-year guidance again
Wednesday 15 May 2024
(Sharecast News) - German industrial conglomerate Thyssenkrupp has cut its forecasts for full-year sales and net profit as a result of volume reductions and lower steel prices, along with write-downs ... Read More
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Eurozone GDP edges higher in first quarter
Wednesday 15 May 2024
(Sharecast News) - Eurozone economic growth ticked higher in the first quarter of 2024, official data showed on Wednesday. Read More
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IEA cuts forecasts for oil demand in 2024
Wednesday 15 May 2024
(Sharecast News) - The International Energy Agency (IEA) has slashed its oil demand forecast for 2024 as a result of poor industrial activity and mild winter temperatures, which have sapped gasoil con... Read More
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US close: Late rally sends Nasdaq to new all-time high
Tuesday 14 May 2024
(Sharecast News) - US stocks finished the day with moderate gains despite more hawkish comments from the head of Federal Reserve and rising concerns about sticky inflation, with the Nasdaq reaching an... Read More
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US wholesale inflation rises more than forecast
Tuesday 14 May 2024
(Sharecast News) - US producers prices rebounded more than expected in April after a downwardly revised fall the previous month, with the annual rate of inflation rising to its highest level in a year... Read More
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Europe close: Stocks edge higher as investors digest macro data
Tuesday 14 May 2024
(Sharecast News) - After a flat start, European stocks pulled into positive territory by the close on Tuesday, pushing the Stoxx 600 index to another record close, as markets rallied for the eighth da... Read More
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Klarna edges closer to $20bn float - report
Tuesday 14 May 2024
(Sharecast News) - Buy now pay later firm Klarna has reportedly cleared a crucial hurdle on its journey towards a stock market flotation expected to value it at as much as $20bn (£15.9bn). Read More
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US open: Stocks higher as investors thumb over PPI data
Tuesday 14 May 2024
(Sharecast News) - Wall Street stocks were higher early on Tuesday as market participants digested key inflation data. Read More
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OPEC holds production forecasts, plans to use OPEC+ outlook
Tuesday 14 May 2024
(Sharecast News) - OPEC held global oil demand forecasts on Tuesday, adding that there was some upside potential for economic growth this year and beyond, and said it would also start using production... Read More
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US producer prices rise by more than expected in April
Tuesday 14 May 2024
(Sharecast News) - Wholesale prices in the US jumped past economists' forecasts last month amid big increases in energy costs and retailers' margins. Read More
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US pre-open: Futures cautiously higher ahead of PPI reading
Tuesday 14 May 2024
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Tuesday as market participants awaited key inflation data. Read More
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Foxconn Q1 profits jump 72% as AI server demand soars
Tuesday 14 May 2024
(Sharecast News) - Taiwanese electronics giant and iPhone assembler Foxconn on Tuesday reported a huge surge in first-quarter profits as it delivered a confident outlook for the current quarter due to... Read More
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US small business optimism improves, but owners remains downbeat
Tuesday 14 May 2024
(Sharecast News) - Optimism among small businesses in the US has increased for the first time this year, but still remains well below the long-term average as inflation continues to weigh on confidenc... Read More
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Home Depot Q1 revenue beats forecasts, comparable sales miss
Tuesday 14 May 2024
(Sharecast News) - Home Depot reported a slight dip in first-quarter comparable sales on Tuesday, although its earnings per share of $3.63 slightly surpassed analysts' expectations of $3.60. Read More
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Investor morale hits two-year high in Germany
Tuesday 14 May 2024
(Sharecast News) - German investor sentiment kicked higher in May, a closely-watched survey showed on Tuesday, reaching a two-year high. Read More
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Biden administration to hike tariffs on $18bn of Chinese goods
Tuesday 14 May 2024
(Sharecast News) - The Biden administration announced significant tariff increases on $18bn worth of Chinese imports overnight on Monday, targeting sectors such as electric vehicles (EVs), solar panel... Read More
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