International News
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US tech layoffs running at highest level since 2015, Challenger says
Wednesday 18 Jan 2023
(Sharecast News) - Layoff announcements among US technology firms reached their highest monthly level for seven years following Microsoft's announcement earlier in the day that it would shed 10,000 em... Read More
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Fed's Bullard argues in favour of continuing 'rapid' rate hikes
Wednesday 18 Jan 2023
(Sharecast News) - A top US central bank official argued in favour of hiking interest rates by 50 basis points at its next meeting to ensure that inflation would fall back to the monetary authority's ... Read More
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Monthly US retail sales miss forecasts by wide margin
Wednesday 18 Jan 2023
(Sharecast News) - US retail sales softened by much more than expected towards the end of the previous year. Read More
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Unexpected weakness in US industrial production as business equipment output falls
Wednesday 18 Jan 2023
(Sharecast News) - Industrial output weakened noticeably at the tail-end of 2022 as production of business equipment fell sharply. Read More
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US open: Stocks mixed as traders digest multiple data points
Wednesday 18 Jan 2023
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as traders digested some key economic data. Read More
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US homebuilder confidence may have hit bottom in December, NAHB says
Wednesday 18 Jan 2023
(Sharecast News) - Homebuilder confidence in the US may have hit bottom at the end of the previous year thanks to a "modest" decline in interest rates, a leading business lobby group said. Read More
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Microsoft to lay off 10,000 workers
Wednesday 18 Jan 2023
(Sharecast News) - Microsoft said on Wednesday that it's axing 10,000 jobs, or just under 5% of its workforce. Read More
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US producer prices undershoot forecasts in December
Wednesday 18 Jan 2023
(Sharecast News) - Wholesale prices undershot market expectations by a wide margin at the end of 2022. Read More
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Asia report: Most markets rise as Bank of Japan holds policy
Wednesday 18 Jan 2023
(Sharecast News) - Most stock markets in the Asia-Pacific region were higher on Wednesday, after the Bank of Japan kept its yield curve control policy on hold. Read More
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US pre-open: Futures slightly higher ahead of PPI, retail sales
Wednesday 18 Jan 2023
(Sharecast News) - Wall Street futures were trading slightly higher prior to the open on Wednesday as traders look ahead to some key economic data. Read More
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Eurozone inflation eases in December, in line with flash estimate
Wednesday 18 Jan 2023
(Sharecast News) - Consumer price inflation in the eurozone eased in December, according to figures released on Wednesday by Eurostat, in line with an earlier flash estimate. Read More
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Cryptocurrencies are not slowing down; Bitcoin consolidates at $21,200
Wednesday 18 Jan 2023
(Sharecast News) - The cryptocurrency market is not slowing down and is approaching a total capitalization of $1 trillion. Bitcoin (BTC) rallies 0.6% in the last 24 hours and consolidates at $21,200; ... Read More
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BoJ suprises markets and holds on yield curve controls
Wednesday 18 Jan 2023
(Sharecast News) - The Bank of Japan surprised markets on Wednesday and left its yield curve control (YCC) measures unchanged as it maintained its cheap-money policy, sparking a surge in equities, but... Read More
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US close: Stocks mixed as traders digest more Q4 earnings
Wednesday 18 Jan 2023
(Sharecast News) - Wall Street stocks delivered a mixed performance on Tuesday as market participants digested more corporate earnings. Read More
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Europe close: Stocks rise as German economic confidence recovers from war
Tuesday 17 Jan 2023
(Sharecast News) - European shares rose on Tuesday after a gauge of economic confidence in Germany moved back into positive territory for the first time since the Russian invasion of Ukraine, promptin... Read More
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Empire State factory index drops sharply in January
Tuesday 17 Jan 2023
(Sharecast News) - Factory sector activity in the New York area fell sharply at the start of 2023, the results of a closely followed survey revealed. Read More
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US open: Stocks mixed as Q4 earnings remain in focus
Tuesday 17 Jan 2023
(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants digested more corporate earnings. Read More
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Goldman Sachs posts weak Q4 due to drag from investment banking
Tuesday 17 Jan 2023
(Sharecast News) - Goldman Sachs posted weaker-than-expected profits and revenues for the last three months of 2022, due to the drag from investment banking as well as from its asset and wealth manage... Read More
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Investors remain 'bearish', BofA fund manager survey shows
Tuesday 17 Jan 2023
(Sharecast News) - Humans remained bearish albeit a lot less so than in the last quarter of 2022, BofA's global fund manager survey for January showed. Read More
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Morgan Stanley Q4 earnings beat expectations
Tuesday 17 Jan 2023
(Sharecast News) - Financial services company Morgan Stanley posted fourth-quarter earnings that beat expectations on Tuesday, driven by record revenues in its wealth management unit. Read More
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