International News
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US open: Stocks mixed ahead of Powell testimony
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as market participants digested a slew of data points ahead of comments from Federal Reserve chairman Jerome Powell at the ... Read More
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Corteva buys biologicals outfit Stoller for $1.2bn in cash
Wednesday 30 Nov 2022
(Sharecast News) - Corteva inked a deal to acquire biologicals outfit Stoller for $1.2bn in cash. Read More
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US Q3 GDP expands a tad more quickly than expected
Wednesday 30 Nov 2022
(Sharecast News) - America's economy expanded at a slightly quicker pace than expected over the three months ending in September. Read More
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State Street pulls out of Brown Brothers Harriman deal
Wednesday 30 Nov 2022
(Sharecast News) - State Street pulled out of its proposed acquisition of Brown Brothers Harriman Investor Services, by mutual consent, following regulatory feedback. Read More
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US private sector hiring slows in November, ADP says
Wednesday 30 Nov 2022
(Sharecast News) - Hiring in the US slowed by more than expected in November, the results of a survey showed. Read More
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Beijing mulling second round of booster shots
Wednesday 30 Nov 2022
(Sharecast News) - Officials in Beijing are mulling rolling out a second round of booster shots against Covid-19 as part of the country's drive to lay the groundwork for its reopening. Read More
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US mortgage applications drop 0.8% week-on-week
Wednesday 30 Nov 2022
(Sharecast News) - US mortgage applications fell 0.8% in the week ended 25 November, according to the Mortgage Bankers Association, following a 2.2% advance in the previous week. Read More
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US pre-open: Futures slightly higher ahead of Powell speech
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street futures were pointing to a positive open ahead of the bell on Wednesday as market participants hold their collective breath for comments from Federal Reserve Chair Jerom... Read More
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German unemployment rises in November
Wednesday 30 Nov 2022
(Sharecast News) - German unemployment rose in November, according to official data released on Wednesday. Read More
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Asia report: Stocks rise despite manufacturing disappointment
Wednesday 30 Nov 2022
(Sharecast News) - Most stock markets in Asia were in the green on Wednesday, even after Chinese factory activity data for November fell short of expectations. Read More
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Eurozone inflation eases more than expected in November
Wednesday 30 Nov 2022
(Sharecast News) - Eurozone inflation eased more than expected in November, according to a flash estimate released on Wednesday by Eurostat, paving the way for a 50 basis points rate hike by the Europ... Read More
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Gains and volatility for cryptos, pending Powell´s speech and FTX´s contagion effect
Wednesday 30 Nov 2022
(Sharecast News) - Cryptocurrencies maintain their upward trend despite market turbulence. Bitcoin (BTC) aims for $17,000 and rises almost 3% in the last 24 hours, while Ethereum (ETH) soars more than... Read More
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H&M to axe 1,500 jobs as it looks to cut costs
Wednesday 30 Nov 2022
(Sharecast News) - Swedish fashion retailer Hennes & Mauritz said on Wednesday that it will axe 1,500 jobs as it looks to cut costs and boost efficiency. Read More
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China factory activity shrinks more than expected amid Covid curbs
Wednesday 30 Nov 2022
(Sharecast News) - China's manufacturing activity shrank faster than expected in November as Covid restrictions took their toll, according to data released on Wednesday by the National Bureau of Stati... Read More
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US close: Stocks mostly lower as consumer confidence drops to four-month low
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street stocks closed mostly lower on Tuesday as turmoil in China and declining consumer confidence weighed on sentiment. Read More
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Europe close: Stocks end mixed despite better-than-expected economic data
Tuesday 29 Nov 2022
(Sharecast News) - European shares ended Tuesday on a mixed note despite strong gains in Asian markets on hopes that China may respond to protests over its strict Covid policies and relax curbs on the... Read More
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German CPI surprises to the downside in November
Tuesday 29 Nov 2022
(Sharecast News) - The cost of living in Germany surprised to the downside in November as declines in energy and services inflation offset higher food prices. Read More
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US house price growth continues in September
Tuesday 29 Nov 2022
(Sharecast News) - US home price inflation continued to slow in September, dragged lower by fast-rising interest and mortgage rates, surveys showed. Read More
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US consumer confidence slips slightly in November, Conference Board says
Tuesday 29 Nov 2022
(Sharecast News) - US consumer confidence dipped in November amid rising prices at the pump, amid an outlook that pointed to still "elevated" recession risks, the results of a survey showed. Read More
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US open: Stocks slightly lower as consumer confidence drops to four-month low
Tuesday 29 Nov 2022
(Sharecast News) - Wall Street stocks traded modestly lower early on Tuesday as turmoil in China and declining consumer confidence weighed on sentiment. Read More
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