International News
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Weekly US jobless claims remain unchanged, top forecasts
Thursday 15 Jun 2023
(Sharecast News) - There was a bit more slack than expected in the US jobs market during the latest week. Read More
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Patterson-UTI Energy, NexTier to merge in $5.4bn deal
Thursday 15 Jun 2023
(Sharecast News) - Patterson-UTI Energy and NexTier Oilfield Solutions have agreed a $5.4bn all-share merger. Read More
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US pre-open: Stocks seen lower as Fed signals more rate hikes this year
Thursday 15 Jun 2023
(Sharecast News) - US stock futures pointed to a weaker open on Wall Street on Thursday after the Federal Reserve left rates unchanged but signalled that two more hikes were on the way later this year... Read More
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Asia report: Most markets rise as Fed leaves rates unchanged
Thursday 15 Jun 2023
(Sharecast News) - Asia-Pacific stock markets largely ended Thursday in positive territory, influenced by the US Federal Reserve's overnight decision to maintain its current interest rate stance. Read More
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Poor weather cools sales at H&M
Thursday 15 Jun 2023
(Sharecast News) - Hennes & Mauritz reported below-forecast sales growth on Thursday, weighed down by "unfavourable" weather in a number of the retail giant's biggest markets. Read More
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Fed's hawkish turn hits cryptos; Bitcoin drops below $25,000
Thursday 15 Jun 2023
(Sharecast News) - There´s been a vast bearish turnaround in cryptocurrencies. Bitcoin (BTC) falls 4% in the last 24 hours and drops below $25,000, while Ethereum (ETH) retreats 6% and tries to hold $... Read More
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China cuts rates as data shows economic recovery stalling
Thursday 15 Jun 2023
(Sharecast News) - Fears that China's economic recover was stalling were strengthened further as the country's central bank cut its benchmark policy rate for the first time in almost a year amid a raf... Read More
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US close: Stocks mixed as Fed delivers pause with a caution
Thursday 15 Jun 2023
(Sharecast News) - Wall Street demonstrated a mixed performance on Wednesday, as the US stock market reacted to the Federal Reserve's decision to halt the cycle of interest rate hikes. Read More
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Fed skips rate hike, gains time to analyse more data
Wednesday 14 Jun 2023
(Sharecast News) - Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more. Read More
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Europe close: Stocks keep advancing ahead of Fed meeting
Wednesday 14 Jun 2023
(Sharecast News) - European shares made strong gains on Wednesday as investors awaited a decision on interest rates by the US Federal Reserve later in the day and the European Central Bank on Thursday... Read More
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US open: Stocks mixed ahead of Fed policy announcement
Wednesday 14 Jun 2023
(Sharecast News) - Stocks on Wall Street were mostly moving higher as investors eyed the latest policy announcement from the US Federal Reserve amid expectations of a pause in rate hikes. Read More
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Brussels rules Google breached competition rules
Wednesday 14 Jun 2023
(Sharecast News) - Google could be forced to sell key parts of its business after the European Commission ruled it had abused its dominant position in advertising technology. Read More
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E.ON Next fined £5m for customer service failings
Wednesday 14 Jun 2023
(Sharecast News) - E.ON Next Energy has been fined £5m by the UK industry regulator for "severe weakness" in customer service, it was announced on Wednesday. Read More
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US wholesale inflation slips more than expected in May amid drop in energy
Wednesday 14 Jun 2023
(Sharecast News) - Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices. Read More
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US pre-open: Stocks seen muted as Fed expected to pause rate hikes
Wednesday 14 Jun 2023
(Sharecast News) - US stock futures pointed to a muted open on Wall Street on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve amid expectations of a pause in rat... Read More
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Eurozone industrial production rebounds to post rise in May
Wednesday 14 Jun 2023
(Sharecast News) - Industrial production in the Eurozone recorded a better-than-expected rise in April, rebounding from a slump in March, official data showed on Wednesday. Read More
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Asia report: Stocks mixed as investors look to Fed decision
Wednesday 14 Jun 2023
(Sharecast News) - Asia-Pacific markets closed with mixed results on Wednesday, as investors closely followed the Federal Reserve's upcoming decision on interest rates. Read More
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Cryptos fall; Bitcoin below $26,000 ahead of Fed meeting
Wednesday 14 Jun 2023
(Sharecast News) - Cryptos fall moderately. Bitcoin (BTC) has retreated 0.7% in the last 24 hours and stands at around $25,900, while Ethereum (ETH) follows in the footsteps of the crypto queen and dr... Read More
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US close: Stocks rise on cooler-than-expected inflation reading
Wednesday 14 Jun 2023
(Sharecast News) - Stock markets on Wall Street wrapped up trading on a strong note on Tuesday, bolstered by cooler-than-expected consumer inflation data that fuelled expectations of the Federal Reser... Read More
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Europe close: Stocks up on US CPI data, Chinese stimulus speculation
Tuesday 13 Jun 2023
(Sharecast News) - Read More
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