International News
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US Q1 unit labour costs jump past forecasts
Thursday 04 May 2023
(Sharecast News) - An important measure of price pressures emanating from the jobs market jumped past forecasts in the US at the start of 2023. Read More
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ECB hikes by 25bp says inflation outlook remains 'too high for too long'
Thursday 04 May 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long. Read More
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Alibaba international online shopping unit considers US listing - report
Thursday 04 May 2023
(Sharecast News) - Alibaba's international online shopping unit is reportedly exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce... Read More
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Moderna posts surprise first-quarter profit
Thursday 04 May 2023
(Sharecast News) - Moderna reported above-forecast first-quarter numbers on Thursday, despite demand for its Covid-19 vaccine continuing to wane. Read More
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First Horizon tanks as TD Bank deal scrapped
Thursday 04 May 2023
(Sharecast News) - First Horizon shares tumbled in pre-market trade on Thursday after it and Canada's TD Bank mutually agreed to terminate their planned $13bn merger due to a lack of clarity on regula... Read More
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US pre-open: Stocks seen mostly lower amid bank woes
Thursday 04 May 2023
(Sharecast News) - US stock futures were pointing to a mostly weaker open on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve, with worries about the bank sect... Read More
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Asia report: Markets mixed after Fed's overnight rate hike
Thursday 04 May 2023
(Sharecast News) - Investors in the Asia-Pacific region reacted in a mixed state to the latest rate hike from the US Federal Reserve on Thursday. Read More
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Bitcoin recovers $29,000, boosted by the Fed and PacWest´s fall
Thursday 04 May 2023
(Sharecast News) - Cryptocurrencies are rising on Thursday after the latest Federal Reserve (Fed) rate hike. Bitcoin (BTC) and Ethereum (ETH) have rebounded around 1.5% in the last 24 hours and are ab... Read More
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Euro area producer prices fall in March as energy prices continue to retreat
Thursday 04 May 2023
(Sharecast News) - Factory gate prices in the euro area fell back by more than expected at the end of the first quarter, amid a decline in energy prices. Read More
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Eurozone activity accelerates less than initially thought in April, S&P says
Thursday 04 May 2023
(Sharecast News) - Economic activity in the single currency bloc accelerated by less than previously thought, the results of a closely followed survey revealed. Read More
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German exports fall sharply in March
Thursday 04 May 2023
(Sharecast News) - German exports and imports fell by more than expected in March, official data showed on Thursday. Read More
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China factory activity contracts in April - Caixin PMI
Thursday 04 May 2023
(Sharecast News) - Chinese factory activity slipped in April, according to survey data released on Thursday. Read More
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US close: Stocks tumble as Fed takes rates to 5.25pc
Wednesday 03 May 2023
(Sharecast News) - Stocks on Wall Street closed in the red on Wednesday, after the Federal Reserve announced a 25-basis point hike to interest rates in its latest decision. Read More
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Fed hikes 25bp, opens door to possibility of a pause
Wednesday 03 May 2023
(Sharecast News) - The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle. Read More
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Europe close: Stocks in the green ahead of Fed rate decision
Wednesday 03 May 2023
(Sharecast News) - European shares ended the session modestly higher on Wednesday as the deluge of earnings continued and investors looked ahead to the US Federal Reserve's next move on interest rates... Read More
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US services sector activity strengthens a bit in April, ISM says
Wednesday 03 May 2023
(Sharecast News) - Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed. Read More
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Asia report: Markets fall ahead of latest Fed decision
Wednesday 03 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region closed lower on Wednesday, as investors adopted a cautious stance ahead of the Federal Reserve's policy decision later in the global day. Read More
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Lufthansa forecasts summer travel boom
Wednesday 03 May 2023
(Sharecast News) - Deutsche Lufthansa forecast a boom in summer travel on Wednesday, following a surge in first-quarter earnings. Read More
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US open: Stocks edge slightly higher ahead of Fed policy announcement
Wednesday 03 May 2023
(Sharecast News) - Wall Street's main market indices caught a small bid on Wednesday following the release of a batch of stronger-than-expected economic reports. Read More
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US services sector activity strengthens in April, S&P Global says
Wednesday 03 May 2023
(Sharecast News) - America's services sector strengthened last month, roughly as expected, the results of a survey revealed. Read More
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