International News
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German producer prices fall for first time in two years
Monday 21 Nov 2022
(Sharecast News) - Producer prices unexpectedly fell in Germany last month, official data showed on Monday, after energy costs eased. Read More
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Europe close: Stocks end week on a positive note
Saturday 19 Nov 2022
(Sharecast News) - European shares extended gains on Friday with miners leading the way, as investors went bargain hunting after two days of losses. Read More
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US economy may be on the cusp of a recession, Conference Board says
Friday 18 Nov 2022
(Sharecast News) - America's economy might be on the cusp of a recession, an index meant to foreshadow the economic cycle showed. Read More
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US open: Stocks trade higher as Fed speak remains in focus
Friday 18 Nov 2022
(Sharecast News) - Wall Street trading got off to a positive start on Friday as market participants digested comments from Federal Reserve bankers James Bullard and Susan Collins. Read More
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US existing home sales fall a tad less quickly than expected in October
Friday 18 Nov 2022
(Sharecast News) - Sales of second hand homes in the US declined a tad less quickly than anticipated last month, although higher mortgage rates meant that more potential buyers were being squeezed out... Read More
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Expectations for February/March Fed pivot 'big mistake', BofA says
Friday 18 Nov 2022
(Sharecast News) - Expectations for a pivot by the Federal Reserve between February and May are a "big mistake", Bank of America strategists led by Michael Hartnett said. Read More
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Jaguar Land Rover sets its sights on laid off tech workers
Friday 18 Nov 2022
(Sharecast News) - Luxury carmaker Jaguar Land Rover has set its sights on out-of-work British tech workers as the company looks for assistance as it gears up to develop electric car technology. Read More
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US pre-open: Futures higher despite hawkish comments from Fed's Bullard
Friday 18 Nov 2022
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants digested comments from the Federal Reserve's James Bullard. Read More
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Foot Locker lifts guidance after third-quarter earnings beat
Friday 18 Nov 2022
(Sharecast News) - Foot Locker beat Wall Street expectations on third-quarter profit on Friday, as well as an unexpected rise in same-store sales as the retailer lifted its full-year expectations. Read More
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ECB's Lagarde says euro area inflation far too high
Friday 18 Nov 2022
(Sharecast News) - The head of the European Central Bank said that inflation in the single-currency bloc was "far too high" and that policymakers expected interest rates to continue rising. Read More
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Asia report: Stocks mixed as core inflation jumps in Japan
Friday 18 Nov 2022
(Sharecast News) - Stocks were mixed on the last trading day of the week in Asia, as fresh data showed core inflation reaching its highest level in 40 years in Japan. Read More
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Twitter locks out all staff - reports
Friday 18 Nov 2022
(Sharecast News) - Twitter has temporarily locked out all staff, it was reported on Friday, with offices not scheduled to reopen until Monday. Read More
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US close: Stocks weaker as Bullard hints at rates above 5pc
Thursday 17 Nov 2022
(Sharecast News) - Wall Street stocks finished weaker on Thursday, as market participants digested several data points and comments from an array of Federal Reserve bankers. Read More
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US open: Stocks head south as traders digest a number of data points
Thursday 17 Nov 2022
(Sharecast News) - Wall Street stocks were in the red early on Thursday as market participants digested several data points and comments from an array of Federal Reserve bankers. Read More
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PTC to buy software firm ServiceMax for around $1.5bn
Thursday 17 Nov 2022
(Sharecast News) - PTC said on Thursday that it has agreed to buy software firm ServiceMax for around $1.46bn in cash from an entity majority owned by Silver Lake. Read More
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Fed's Bullard says 'restrictive' level of interest rates may lie between five to seven per cent
Thursday 17 Nov 2022
(Sharecast News) - A top US central bank official argued that short-term interest rates might need to rise to between 5-7% in order to be considered "sufficiently restrictive". Read More
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Factory sector activity declines in November, Philly Fed says
Thursday 17 Nov 2022
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region worsened unexpectedly last month as factories reduced staffing levels and the work week shortened, the results of a close... Read More
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US jobless claims little changed during latest week
Thursday 17 Nov 2022
(Sharecast News) - Unemployment claims in the US slipped by just a tad last week but some economists said that the underlying trend might now be edging up. Read More
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US housing starts and permits fall by less than expected in October
Thursday 17 Nov 2022
(Sharecast News) - Homebuilders in the US broke ground on slightly more new houses last month than forecast by economists. Read More
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Macy's raises FY earnings guidance after Q3 results beat expectations
Thursday 17 Nov 2022
(Sharecast News) - Retailer Macy's raised full-year earnings guidance on Thursday after its third-quarter results came in ahead of Wall Street expectations. Read More
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