International News
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US visible trade deficit yawns wider in April
Friday 26 May 2023
(Sharecast News) - America's visible trade deficit yawned wider last month as exports shrank rapidly. Read More
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Meta to limit ad data use to appease UK competition concerns
Friday 26 May 2023
(Sharecast News) - Meta Platforms has offered to make changes to the way it uses advertising data from other businesses, it was confirmed on Friday, as it looks to appease concerns flagged by the UK c... Read More
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Asia report: Stocks mixed, tech plays soar on Nvidia rally
Friday 26 May 2023
(Sharecast News) - Asia-Pacific markets finished Friday in a mixed state, with the influence of Wall Street's overnight tech rally counterbalanced by ongoing concerns over the unresolved US federal de... Read More
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US pre-open: Stocks to edge up amid signs of debt ceiling progress
Friday 26 May 2023
(Sharecast News) - US stock futures pointed to a slightly firmer open on Friday as investors assessed signs of progress in debt ceiling negotiations. Read More
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US close: Stocks mixed on Nvidia numbers, debt ceiling delays
Thursday 25 May 2023
(Sharecast News) - Wall Street's main stock gauges closed in a mixed state on Thursday, with the Dow Jones suffering its fifth consecutive loss while the tech-centric Nasdaq Composite witnessed its bi... Read More
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Europe close: Stocks slip amid US debt ceiling concerns, Technology a bright spot
Thursday 25 May 2023
(Sharecast News) - European shares slipped a bit on Thursday with gains in the technology space managing to lift them off their lows of the session, despite the US debt ceiling impasse. Read More
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Fed's Collings open to rate hike pause in June
Thursday 25 May 2023
(Sharecast News) - A top US central bank official said that soon, if not now, be the time for a pause in interest rate hikes. Read More
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US pending home sales remain flat in April
Thursday 25 May 2023
(Sharecast News) - Home sales in the US were flat last month amid limited inventory and due to the hurdle posed by affordability. Read More
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US open: Nvidia results buoy Wall Street, but debt talks still in focus
Thursday 25 May 2023
(Sharecast News) - Wall Street's main market gauges were mostly in the green, boosted by bumper results from chip-maker Nvidia on the back of demand for AI products. Read More
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Weekly US jobless claims edge up, prior week tally revised markedly lower
Thursday 25 May 2023
(Sharecast News) - The US jobs market remained tight during the preceding week, the latest government data on jobless claims filings showed. Read More
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US Q1 economic growth revised upwards
Thursday 25 May 2023
(Sharecast News) - The US economy grew faster in the first quarter than initially estimated, according to figures released on Thursday by the Commerce Department. Read More
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US pre-open: Stocks seen mostly higher as Nvidia surges
Thursday 25 May 2023
(Sharecast News) - US stock futures pointed to a mostly higher open on Thursday, boosted by strong results from Nvidia. Read More
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Asia report: Most markets fall as Bank of Korea holds rates
Thursday 25 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region ended mostly in negative territory on Thursday, as prolonged uncertainty over the resolution of the US debt ceiling issue weighed on investo... Read More
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Cryptocurrencies fall again; the Fed and debt ceiling drag Bitcoin down
Thursday 25 May 2023
(Sharecast News) - Cryptocurrencies aren´t able to recover. Bitcoin (BTC) has dropped nearly another 2% in the last 24 hours and threatens to lose $26,200, while Ethereum (ETH) follows in its wake, fa... Read More
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Germany enters technical recession as Q1 GDP revised lower
Thursday 25 May 2023
(Sharecast News) - The German economy entered a technical recession in the first quarter of this year, as households tightened spending, according to official data released on Thursday. Read More
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US close: Stocks lower on Fed minutes, debt ceiling unease
Wednesday 24 May 2023
(Sharecast News) - Wall Street closed on a low note Wednesday, as markets sank amid prolonged negotiations over the federal debt ceiling, and uncertainty sparked by the release of the Federal Reserve'... Read More
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Fed's Waller sounds 'hawkish' note on outlook for rates
Wednesday 24 May 2023
(Sharecast News) - A top US central bank official said he could support a further 25 basis point interest rate hike at the 13-14 June policy meeting, depending on how the economic data came in between... Read More
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Europe close: Stocks slump amid debt ceiling impasse, core UK CPI surprise
Wednesday 24 May 2023
(Sharecast News) - European shares slumped on Wednesday as US debt ceiling talks dragged on and UK inflation fell by less than expected, raising the prospect of yet another increase in British interes... Read More
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US open: Stocks skid on debt ceiling concerns
Wednesday 24 May 2023
(Sharecast News) - Wall Street was adding to the previous day's losses on Wednesday as debt ceiling negotiations between the Republicans and the White House failed to make any progress, with talks due... Read More
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Facebook parent Meta launches third round of layoffs
Wednesday 24 May 2023
(Sharecast News) - Facebook parent Meta Platforms has launched its third round of layoffs, according to reports on Wednesday, as part of its ongoing cost-saving plan. Read More
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