International News
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Asia report: Markets finish mixed as Chinese exports decline
Wednesday 07 Jun 2023
(Sharecast News) - Asia-Pacific markets displayed a mixed performance on Wednesday, as investors analysed new trade data released by China for May. Read More
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US pre-open: Stocks seen muted after China data
Wednesday 07 Jun 2023
(Sharecast News) - US stock futures pointed to a muted open on Wall Street on Wednesday, as investors mulled disappointing Chinese trade figures. Read More
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Harbour Energy in merger talks with Talos - report
Wednesday 07 Jun 2023
(Sharecast News) - Harbour Energy, the UK's largest North Sea oil and gas producer, is in merger talks with US rival Talos Energy, it emerged on Wednesday. Read More
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Inditex Q1 net profit beats expectations
Wednesday 07 Jun 2023
(Sharecast News) - Zara and Massimo Dutti owner Inditex posted a jump in first-quarter sales and profit on Wednesday as it said its spring/summer collection has been well received. Read More
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OECD sees moderate GDP global growth; UK to avoid recession
Wednesday 07 Jun 2023
(Sharecast News) - The global economy is forecast to grow moderately this year as inflationary pressures ease, but a recovery was still some way off, the Organisation for Economic Co-operation and Dev... Read More
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Bitcoin and Ethereum rise sharply after SEC move on Coinbase and Binance
Wednesday 07 Jun 2023
(Sharecast News) - New sharp turnaround in the cryptocurrency market. Bitcoin (BTC) rebounds 4% in the last 24 hours and regains $26,800 after reaching $25,500 yesterday. For its part, Ethereum (ETH) ... Read More
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German industrial production rises less than expected in April
Wednesday 07 Jun 2023
(Sharecast News) - German industrial production rose less than expected in April, according to data released by Destatis on Wednesday. Read More
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China exports slump in May
Wednesday 07 Jun 2023
(Sharecast News) - China's exports fell last month in another indication that the rebound in the world's second-largest economy was losing steam. Read More
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US close: Stocks finish slightly higher after middling day
Wednesday 07 Jun 2023
(Sharecast News) - Wall Street stocks closed modestly higher on Tuesday, with little in the way of domestic economic news to sway the markets. Read More
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Europe close: Stocks edge up despite soft economic data
Tuesday 06 Jun 2023
(Sharecast News) - European shares edged up on Tuesday as investors brushed off an unexpected rate hike in Australia, worries about a US recession, stagnant retail sales and weak construction survey d... Read More
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US open: Stocks drift lower as investors ponder market's direction
Tuesday 06 Jun 2023
(Sharecast News) - Stocks on Wall Street dipped at the start of trading as investors pondered whether they had run up too fast while waiting for the US central bank's policy announcement which was sch... Read More
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Ryanair cancels hundreds of flights as French ATC strikes
Tuesday 06 Jun 2023
(Sharecast News) - Ryanair, Europe's largest low-cost airline, was forced to cancel a significant number of flights on Tuesday,as a result of ongoing strike action by air traffic control (ATC) workers... Read More
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US pre-open: Stocks to nudge down amid recession fears
Tuesday 06 Jun 2023
(Sharecast News) - US stock futures pointed to a marginally lower open on Tuesday amid concerns about a US recession. Read More
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Eurozone retail sales stagnant in April
Tuesday 06 Jun 2023
(Sharecast News) - Retail sales in the Eurozone stagnated in April, official data showed on Tuesday, missing expectations for a small uptick. Read More
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Asia report: Stocks mixed as RBA surprises with rate hike
Tuesday 06 Jun 2023
(Sharecast News) - Asia-Pacific markets exhibited mixed results on Tuesday, reacting to a sluggish overnight performance on Wall Street. Read More
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Bitcoin falls to $25,000 after SEC lawsuit against Binance
Tuesday 06 Jun 2023
(Sharecast News) - There´s been a dramatic turn of events in the cryptocurrency market. Bitcoin (BTC) has plummeted 3.6% in the last 24 hours and has retreated to $25,790, while Ethereum (ETH) has dro... Read More
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Weak demand hits Eurozone construction sector
Tuesday 06 Jun 2023
(Sharecast News) - Weak demand continued to weigh heavily on the Eurozone construction sector, a closely-watched survey showed on Tuesday, despite input price rises starting to ease. Read More
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Australia's central bank hikes rates by 25 basis points
Tuesday 06 Jun 2023
(Sharecast News) - The Reserve Bank of Australia unexpectedly hiked interest rates again on Tuesday, arguing that inflation was still too high. Read More
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German factory orders unexpectedly fall in April
Tuesday 06 Jun 2023
(Sharecast News) - German factory orders unexpectedly fell in April as large-scale orders dropped, according to figures released on Tuesday by Destatis. Read More
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US services activity slows unexpectedly in May, ISM says
Monday 05 Jun 2023
(Sharecast News) - US services sector activity slowed unexpectedly last month amid slower new order growth while stockpiles piled up, the results of a closely followed survey showed. Read More
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