International News
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BofA analysts say S&P 500 'bear market' now dead
Friday 09 Jun 2023
(Sharecast News) - Equity analysts at Bank of America Securities sounded a 'bullish' note on the outlook for stocks, declaring the 'bear market' "officially over" and telling clients the new 'bull mar... Read More
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Meta pushing ahead with Twitter rival - report
Friday 09 Jun 2023
(Sharecast News) - Facebook owner Meta Platforms is planning a social media network to rival Twitter, it emerged on Friday. Read More
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US pre-open: Stocks to slip after Thursday's gains; Fed decision eyed
Friday 09 Jun 2023
(Sharecast News) - US stock futures pointed to a marginally weaker open on Friday following strong gains in the previous session, which saw the S&P 500 hit bull territory. Read More
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China's producer prices plunge
Friday 09 Jun 2023
(Sharecast News) - Inflation in China remained at low levels in May, official data showed on Friday, as the country's economy continued to struggle post-pandemic. Read More
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Asia report: Markets rise as Chinese inflation paints mixed picture
Friday 09 Jun 2023
(Sharecast News) - Asia-Pacific stocks closed on a high note on Monday, as investors processed the latest inflation figures out of China and gained confidence from a strong performance on Wall Street. Read More
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Relative calm for cryptos during high uncertainty after the SEC advance
Friday 09 Jun 2023
(Sharecast News) - The cryptocurrency market is back on track. Bitcoin (BTC) rises 0.12% in the last 24 hours and consolidates at $26,400, the range in which it has been moving in recent weeks. For it... Read More
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US close: Stocks make gains as investors pin hopes on Fed
Thursday 08 Jun 2023
(Sharecast News) - Wall Street's primary stock indices concluded the trading day in positive territory on Thursday, with market participants appearing to push aside uncertainties over potential intere... Read More
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Europe close: Stocks end mixed after soft euro area GDP figures
Thursday 08 Jun 2023
(Sharecast News) - European shares finished on a mixed note as the latest economic data showed that the eurozone dipped into a technical recession, even as investors kept a watchful eye on rate moves ... Read More
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US open: Stocks edge higher, Fed meeting coming into focus
Thursday 08 Jun 2023
(Sharecast News) - Stocks in the US were heading slightly higher in early trading, even as investors looked ahead to the next rate announcement by the Federal Reserve scheduled for the following week. Read More
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Initial US jobless claims jump by 28,000 during latest week
Thursday 08 Jun 2023
(Sharecast News) - Tightness in the US labour market eased during the preceding week, as filings for jobless claims rose to the highest since October 2021.. Read More
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US pre-open: Stocks seen muted; GameStop tumbles
Thursday 08 Jun 2023
(Sharecast News) - US stock futures pointed to a flat open on Wall Street on Thursday as investors looked ahead to the next rate announcement by the Federal Reserve next week, particularly after Wedne... Read More
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Regulator flags concerns over Hitachi-Thales deal
Thursday 08 Jun 2023
(Sharecast News) - The competition watchdog has warned that a proposed deal between Thales and Hitachi could have a detrimental impact on both Network Rail and Transport for London. Read More
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Eurozone tips into recession
Thursday 08 Jun 2023
(Sharecast News) - The Eurozone has tipped into recession, official data showed on Thursday, after a series of downward revisions. Read More
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Asia report: Markets mixed as investors eye data, central banks
Thursday 08 Jun 2023
(Sharecast News) - Asia-Pacific stock markets ended in a mixed state on Thursday, reflecting relative inactivity on Wall Street overnight. Read More
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Cryptos fall while focusing on the SEC and the Fed
Thursday 08 Jun 2023
(Sharecast News) - New twist in the cryptocurrency market. Bitcoin (BTC) drops more than 1% in the last 24 hours, but remains at $26,400 after surpassing $27,000 on Tuesday. For its part, Ethereum (ET... Read More
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US close: Stocks mixed after Canada's rate hike surprise
Wednesday 07 Jun 2023
(Sharecast News) - Wall Street closed in a mixed state on Wednesday, as market indicators reacted to the Bank of Canada's unexpected decision to increase interest rates. Read More
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Europe close: Stocks end mixed after surprise BoC rate hike
Wednesday 07 Jun 2023
(Sharecast News) - European shares were mixed at the end of Wednesday's trading session following a surprise interest rate hike out of Bank of Canada. Read More
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US trade deficit jumps in April
Wednesday 07 Jun 2023
(Sharecast News) - America's shortfall on trade with the rest of the world widened unexpectedly in April. Read More
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Bank of Canada lifts rates to 4.75%
Wednesday 07 Jun 2023
(Sharecast News) - The Bank of Canada on Wednesday lifted its benchmark interest rate rate to 4.75% as it battled to stem persistent inflation amid worries that it could get stuck above its 2% target. Read More
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US open: Stocks edge up with tech shares in focus
Wednesday 07 Jun 2023
(Sharecast News) - Wall Street's main market indices were a tad higher early in the session, helped by gains in technology issues and with the S&P 500 fighting to push break out into a fresh bull mark... Read More
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