International News
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EZ inflation confirmed at 5.5%; Construction up 0.2%
Wednesday 19 Jul 2023
(Sharecast News) - Eurozone annual inflation was confirmed at 5.5% in June from 6.1% in May, final official data from Eurostat showed Wednesday. Read More
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Asia report: Stocks mixed as investors monitor US earnings
Wednesday 19 Jul 2023
(Sharecast News) - Stock markets across the Asia-Pacific region ended Wednesday on mixed notes, as investors across the globe focused on the ongoing earnings season on Wall Street, which was so far ex... Read More
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Cryptos are calm; Bitcoin stagnates after post-Ripple surge
Wednesday 19 Jul 2023
(Sharecast News) - Cryptocurrencies rebound slightly. Bitcoin (BTC) rises 0.2% and is back above $30,000, while Ethereum (ETH) soars 0.5% and is back above $1,900. Read More
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US close: Stocks swell as bank earnings remain in focus
Wednesday 19 Jul 2023
(Sharecast News) - Equities surged on Wall Street on Tuesday, propelling the three major stock indices to levels not seen for 15 months as investors digested some key bank earnings. Read More
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Europe close: Stocks higher, euro dips
Tuesday 18 Jul 2023
(Sharecast News) - European shares rose again on Tuesday, benefitting from the risk on mood on Wall Street. Read More
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US open: Bank earnings boost Wall Street
Tuesday 18 Jul 2023
(Sharecast News) - Wall Street was trading mostly higher on Tuesday, receiving an unexpected boost in the form of the latest quarterly updates from Bank of America and Morgan Stanley. Read More
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Morgan Stanley beats Q2 estimates, raises dividend
Tuesday 18 Jul 2023
(Sharecast News) - Morgan Stanley posted better-than-expected revenues and profit for the second quarter and bumped up its dividend payout. Read More
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U.S. industrial production surprises to the downside in June
Tuesday 18 Jul 2023
(Sharecast News) - Industrial production in the U.S. shrank unexpectedly last month. Read More
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US retail sales grow by less than anticipated in June
Tuesday 18 Jul 2023
(Sharecast News) - Retail sales volumes in the U.S. grew by less than expected last month. Read More
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Higher rates help Bank of America beat Q2 estimates
Tuesday 18 Jul 2023
(Sharecast News) - Bank of America posted a sharp rise in both its top and bottom lines thanks to higher interest rates. Read More
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US pre-open: Stocks seen muted ahead of retail sales, earnings
Tuesday 18 Jul 2023
(Sharecast News) - US stock futures pointed to a muted open on Wall Street on Tuesday as investors eyed the latest retail sales data and more key bank earnings. Read More
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ECB's Visco says inflation may come down more quickly than anticipated
Tuesday 18 Jul 2023
(Sharecast News) - Euro area inflation may come down faster than the European Central Bank's predictions, the head of Italy's monetary authority. Read More
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Asia report: Most markets fall as investors digest RBA minutes
Tuesday 18 Jul 2023
(Sharecast News) - Stock markets across the Asia-Pacific region mostly closed lower on Tuesday, with the Hang Seng Index in Hong Kong being the hardest hit, amid the release of the Reserve Bank of Aus... Read More
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Bitcoin falls; the Ripple Effect dissipates and drops below $30,000
Tuesday 18 Jul 2023
(Sharecast News) - New falls in the cryptocurrency market. Bitcoin (BTC) drops about 1% and falls below $30,000, while Ethereum (ETH) retreats half a point more and is currently trying to maintain the... Read More
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US close: Stocks rise at start of busy week for earnings
Tuesday 18 Jul 2023
(Sharecast News) - Wall Street ended its trading session on a high note on Monday, as investors chose to overlook disappointing economic data from China ahead of a promising week of US earnings report... Read More
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US open: Wall Street gets off to mixed start
Monday 17 Jul 2023
(Sharecast News) - Wall Street got off to a mixed start following the release of disappointing Chinese data and ahead of a busy corporate schedule this week. Read More
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J.P.Morgan reiterates 'underweight' on euro area stocks
Monday 17 Jul 2023
(Sharecast News) - Equity strategists at J.P. Morgan reiterated their 'underweight' stance towards Eurozone equities and sounded a "cautious" note on the outlook for China, a key driver of activity in... Read More
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Empire State index retreats slightly in July
Monday 17 Jul 2023
(Sharecast News) - Factory sector activity in the jurisdiction of the Federal Reserve Bank of New York softened a tad less than expected in July. Read More
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EU to probe Microsoft's bundling of Teams with Office
Monday 17 Jul 2023
(Sharecast News) - Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels... Read More
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Asia report: Stocks struggle amid mixed China data, Hong Kong typhoon
Monday 17 Jul 2023
(Sharecast News) - Markets across the Asia-Pacific region struggled on Monday, in response to disappointing economic data from China, including lower than anticipated second-quarter GDP growth. Read More
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