International News
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Asia report: Markets mixed ahead of Jackson Hole symposium
Friday 23 Aug 2024
(Sharecast News) - Asia-Pacific markets showed a mixed performance on Friday, as investors awaited remarks from US Federal Reserve chairman Jerome Powell at the Jackson Hole economic symposium later i... Read More
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Nestle announces CEO departure, shares slump
Friday 23 Aug 2024
(Sharecast News) - Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe. Read More
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US close: Stocks pull back ahead of Jackson Hole event
Thursday 22 Aug 2024
(Sharecast News) - US stocks declined on Thursday as risk appetite was scaled back ahead of Federal Reserve chair Jerome Powell's hotly anticipated speech at the Jackson Hole economic symposium in Wyo... Read More
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Europe close: Stocks rise on rate-cut hopes after ECB minutes
Thursday 22 Aug 2024
(Sharecast News) - The Stoxx 600 gained on Thursday despite a barrage of mixed economic data, with the stocks resuming their recent rally on rising hopes that central banks in Europe and the US will m... Read More
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US existing home sales rebound, snap four months of declines
Thursday 22 Aug 2024
(Sharecast News) - Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors. Read More
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US open: Stocks mixed as traders await Powell's Jackson Hole speech
Thursday 22 Aug 2024
(Sharecast News) - Wall Street stocks were mixed early on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell. Read More
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Peloton shares bounce after first quarterly growth in two years
Thursday 22 Aug 2024
(Sharecast News) - Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years. Read More
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Boston Fed president Collins signals her support for rate cuts
Thursday 22 Aug 2024
(Sharecast News) - Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely s... Read More
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US jobless claims rise by 4,000
Thursday 22 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 17 August, according to the Labor Department. Read More
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US pre-open: Futures little changed as traders look ahead to Jackson Hole
Thursday 22 Aug 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell. Read More
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Advance Auto Parts to sell Worldpac to Carlyle for $1.5bn
Thursday 22 Aug 2024
(Sharecast News) - Advance Auto Parts said on Thursday that it has agreed to sell Worldpac, its automotive parts wholesale distribution business, to private equity firm Carlyle for $1.5bn in cash. Read More
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Deutsche Bank reaches settlement with more than half of Postbank claimants
Thursday 22 Aug 2024
(Sharecast News) - German lender Deutsche Bank has reached settlements with over half of claimants in its more than a decade-long Postbank litigation and now expects to report a €430.0m boost to... Read More
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Asia report: Markets mixed as Bank of Korea holds rates
Thursday 22 Aug 2024
(Sharecast News) - Asia-Pacific markets experienced modest gains on Thursday as investors analysed regional business activity reports and the latest Federal Reserve minutes. Read More
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Swiss Re H1 profits grow amid low claim levels, price rises
Thursday 22 Aug 2024
(Sharecast News) - Reinsurance company Swiss Re said on Thursday that net profit had grown in the six months ended 30 June amid price rises and low claim levels throughout the period. Read More
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Citi says risk/reward in US dollar longs 'attractive'
Thursday 22 Aug 2024
(Sharecast News) - Analysts sounded a positive note on the outlook for the US dollar, pointing out a mix of potential catalysts that might provide support. Read More
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Olympics deliver unexpected boost to euro area PMIs in August
Thursday 22 Aug 2024
(Sharecast News) - Economic activity in the euro area picked up unexpectedly last month, mainly due to the boost from the Olympics, the results of a closely followed survey revealed. Read More
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US close: Stocks edge higher on FOMC minutes, NFP revision
Wednesday 21 Aug 2024
(Sharecast News) - US stocks edged higher on Wednesday, after minutes from the most recent Federal Reserve policy meeting and a downward revision to labour-market data cemented expectations for an int... Read More
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Europe close: Moderate gains as investors wait on Fed minutes, Powell
Wednesday 21 Aug 2024
(Sharecast News) - European stocks were a tad higher on Wednesday as investors eyed the release of minutes from the US Federal Reserve later in the evening for commentary on inflation and interest rat... Read More
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US nonfarm payrolls revised down by 818,000
Wednesday 21 Aug 2024
(Sharecast News) - The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision... Read More
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US open: Stocks mostly higher as traders await Fed minutes
Wednesday 21 Aug 2024
(Sharecast News) - Wall Street stocks were mostly higher early on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech from chairman... Read More
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