International News
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China Q2 GDP misses expectations
Monday 17 Jul 2023
(Sharecast News) - China's second-quarter gross domestic product grew by 6.3% year on year, missing expectations, according to official data published on Monday. Read More
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Citigroup shares slip despite Q2 results beat
Friday 14 Jul 2023
(Sharecast News) - Citigroup's quarterly results beat analysts' estimates, although poor showings in its markets and investment banking units. Read More
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Europe close: Stocks edge lower but end week with large gains
Friday 14 Jul 2023
(Sharecast News) - European stock markets edged back on Friday with a much stronger-than-expected reading for US consumer confidence prompting investors to pause for breath. Read More
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US open: Stocks edge up despite drag from banks
Friday 14 Jul 2023
(Sharecast News) - Wall Street's main stock market gauges were moving higher again at the end of the week, helped by the latest quarterly results out of J.P.Morgan and better-than-expected economic da... Read More
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US import prices were little changed in June
Friday 14 Jul 2023
(Sharecast News) - The cost of imported goods was little changed in June. Read More
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Consumer confidence jumps as inflation cools, jobs stable, University of Michigan says
Friday 14 Jul 2023
(Sharecast News) - Consumer sentiment in the U.S. hit a nearly two-year high in July, the results of a closely followed survey revealed. Read More
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Asia report: Most markets rise on strong global sentiment
Friday 14 Jul 2023
(Sharecast News) - Asia-Pacific markets mostly climbed on Friday, buoyed by softer-than-anticipated US inflation data that kindled optimism over a potential easing of inflationary pressures without un... Read More
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CMA extends deadline for Microsoft-Activision Blizzard probe
Friday 14 Jul 2023
(Sharecast News) - The Competition and Markets Authority said on Friday that it has extended a final deadline on Microsoft's proposed $69bn acquisition of Activision Blizzard to 29 August. Read More
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EZ trade deficit slashed in May
Friday 14 Jul 2023
(Sharecast News) - The eurozone almost wiped out its trade deficit in May, according to data published on Friday, as exports of chemicals and machinery picked up imported energy products fell. Read More
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JPMorgan handily beats Q2 estimates, but Dimon warns of uncertainty
Friday 14 Jul 2023
(Sharecast News) - J.P.Morgan second quarter results blew past analysts' estimates, even as its boss cautioned about the potential impact that "material" regulatory changes might have. Read More
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Wells Fargo beats Q2 estimates for revenues and profit
Friday 14 Jul 2023
(Sharecast News) - Wells Fargo posted a big rise in quarterly earnings and revenue. Read More
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BlackRock's Q2 net asset inflows fall short
Friday 14 Jul 2023
(Sharecast News) - BlackRock easily surpassed analysts' estimates for second quarter profits, but net inflows fell short. Read More
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Fed's Waller calls for two more rate hikes, perhaps one
Friday 14 Jul 2023
(Sharecast News) - One of the U.S. Federal Reserve's top officials called for two more interest rate hikes before the end of the year. Read More
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US pre-open: Stocks seen muted ahead of bank earnings
Friday 14 Jul 2023
(Sharecast News) - US stock futures pointed to a fairly muted open on Wall Street on Friday following solid gains in the previous session, as investors eyed a slew of big bank earnings. Read More
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Nokia warns on profits as demand falters
Friday 14 Jul 2023
(Sharecast News) - Shares in Nokia Corporation fell sharply on Friday, after the telecoms equipment specialist warned on profits. Read More
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Friday preview: U.S. Q2 bank results, consumer confidence in the spotlight
Friday 14 Jul 2023
(Sharecast News) - Investors' attention at the end of the week would be trained be on quarterly results due out from U.S. banking heavyweights Citigroup, J.P.Morgan, and Wells Fargo. Read More
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Cryptos soar after Ripple's partial victory against the SEC
Friday 14 Jul 2023
(Sharecast News) - There´s a revolution in the cryptocurrency market. Bitcoin (BTC) rebounds 3% to $31,300, while Ethereum (ETH) rises 7% and climbs to $2,000. The market's market capitalization has s... Read More
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US close: Stocks rise on softening producer inflation
Thursday 13 Jul 2023
(Sharecast News) - Wall Street ended Thursday's trading session positively, driven largely by a more restrained reading of producer price pressures. Read More
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Europe close: Stocks continue advance, 52-week highs beckon
Thursday 13 Jul 2023
(Sharecast News) - European stocks continued their push towards their 52-week highs as fresh data pointed yet again to slower price growth in the U.S. going forwards. Read More
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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