International News
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Adidas warns of 'bumpy' year ahead despite above-forecast numbers
Friday 05 May 2023
(Sharecast News) - Adidas saw its shares jump on Friday, after a better-than-expected first quarter, but warned 2023 was still set to be "disappointing". Read More
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Asia report: Markets mixed as banking concerns continue
Friday 05 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region were mixed on Friday, as investors reacted to the fourth consecutive day of losses on Wall Street overnight amid concerns surrounding region... Read More
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Little movement in cryptos after Fed and ECB; Bitcoin at $29,100
Friday 05 May 2023
(Sharecast News) - Little movement in the cryptocurrency market. Bitcoin (BTC) is retreating slightly, although it remains above $29,100, while Ethereum (ETH) is virtually flat and trying to hold $1,9... Read More
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German factory orders tumble
Friday 05 May 2023
(Sharecast News) - German factory orders plunged in March, official data showed on Friday, missing expectations and reversing previous gains. Read More
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China's services sector grows a little less than expected in April
Friday 05 May 2023
(Sharecast News) - Growth in China's services sector was a little weaker than expected in April, according to figures released on Friday. Read More
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US close: Stocks fall on economic, regional bank concerns
Thursday 04 May 2023
(Sharecast News) - Wall Street saw another day of losses on Thursday, as worries about a slowing economy and concerns about regional bank liquidity dampened investor sentiment. Read More
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Europe close: Stocks down as ECB joins Fed on rate rises
Thursday 04 May 2023
(Sharecast News) - European markets closed lower on Thursday as investors digested rate rises by the US Federal Reserve and European Central Bank, all while the corporate earnings and trading update d... Read More
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US open: Stocks dragged lower by losses for bank index
Thursday 04 May 2023
(Sharecast News) - Wall Street's main stock market gauges got off to a weak start on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve the night before. Read More
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Weekly US jobless claims rise by slightly more than anticipated
Thursday 04 May 2023
(Sharecast News) - US jobless claims rose moderately during the preceding week. Read More
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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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