International News
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US pre-open: Futures point to losses following surprise wholesale inflation reading
Friday 14 Jun 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday but both the S&P 500 and Nasdaq Composite were still tracking towards a winning week. Read More
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Asia report: Markets mixed as BoJ holds interest rates
Friday 14 Jun 2024
(Sharecast News) - Markets in the Asia-Pacific region finished in a mixed state on Friday, with Japanese reversing earlier losses after the Bank of Japan (BOJ) decided to keep its benchmark interest r... Read More
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Germany calls on EU to soften China tariffs - report
Friday 14 Jun 2024
(Sharecast News) - Germany is lobbying the European Union to soften or even scrap a proposed tariff hike on Chinese-made electric vehicles, it was reported on Friday. Read More
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Bank of Japan holds rates, remains cautious on unwinding
Friday 14 Jun 2024
(Sharecast News) - The Bank of Japan kept lending rates on hold in its latest decision overnight on Friday, and announced plans to reduce its substantial bond purchases, with detailed tapering plans s... Read More
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US close: Stocks mixed following FOMC decision
Thursday 13 Jun 2024
(Sharecast News) - Wall Street stocks delivered a mixed performance on Thursday after the Federal Open Markets Committee's latest interest rate decision a day earlier. Read More
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Europe close: Markets fall on political fears, French stocks at four-month low
Thursday 13 Jun 2024
(Sharecast News) - European stock markets suffered a sharp sell-off on Thursday with indices in Paris, Frankfurt and Milan all dropping 2% or more on the back of ongoing political uncertainty. Read More
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US open: Stocks mixed following FOMC decision
Thursday 13 Jun 2024
(Sharecast News) - Wall Street stocks were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday. Read More
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Upside surprise in weekly US jobless claims at the start of June
Thursday 13 Jun 2024
(Sharecast News) - The number of people in the States filing for unemployment benefits moved higher during the preceding week. Read More
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US producer prices register unexpected drop in May
Thursday 13 Jun 2024
(Sharecast News) - Wholesale inflation in the US dipped somewhat unexpectedly last month. Read More
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China calls on EU to scrap EV tariffs
Thursday 13 Jun 2024
(Sharecast News) - Beijing has urged the European Union to abandon newly-announced tariffs on Chinese electric vehicles, accusing it of "politicising" trade. Read More
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Tesla shareholders support $56bn pay package, Musk says
Thursday 13 Jun 2024
(Sharecast News) - Billionaire Elon Musk has claimed that Tesla Motors shareholders are voting in favour of his controversial $56bn pay package by "a wide margin". Read More
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US pre-open: Futures mixed following FOMC decision
Thursday 13 Jun 2024
(Sharecast News) - Wall Street futures were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday. Read More
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Eurozone industrial production edges lower, misses forecasts
Thursday 13 Jun 2024
(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday. Read More
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Asia report: Most markets rise after US Fed decision
Thursday 13 Jun 2024
(Sharecast News) - Asia-Pacific markets mostly saw gains on Thursday, after the US Federal Reserve decided to hold the federal funds rate steady at 5.25% to 5.5%. Read More
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US close: S&P 500, Nasdaq hit new highs after CPI data and FOMC meeting
Wednesday 12 Jun 2024
(Sharecast News) - US stocks finished mostly higher on Wednesday with the S&P 500 and Nasdaq reaching new highs after data showed a larger-than-expected slowdown in inflation and the Federal Reserve g... Read More
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Europe close: US CPI down, stocks up, Fed still to go
Wednesday 12 Jun 2024
(Sharecast News) - European shares gained as investors moved to price back in a first interest rate cut by the US Federal Reserve in September, even as they waited on the central bank's rate decision ... Read More
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ECB's De Guindos says direction of rates 'clear', but cautious in near-term
Wednesday 12 Jun 2024
(Sharecast News) - Luis de Guindos at the European Central Bank expressed confidence that interest rates were headed lower still, but perhaps more slowly than anticipated. Read More
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US CPI undershoots forecasts in May
Wednesday 12 Jun 2024
(Sharecast News) - The cost of living in the States was unchanged last month, leading markets to price in higher odds of a rate cut in September. Read More
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US open: Stocks trade higher following CPI reading
Wednesday 12 Jun 2024
(Sharecast News) - Wall Street stocks were in the green at the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflation data... Read More
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FedEx to cut between 1,700 and 2,000 back office jobs in Europe
Wednesday 12 Jun 2024
(Sharecast News) - US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freig... Read More
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