International News
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Powell and the Fed sink cryptos; Bitcoin loses $22,000
Wednesday 08 Mar 2023
(Sharecast News) - Cryptocurrencies are not getting back on their feet. Bitcoin (BTC) drops 1.9% in the last 24 hours and falls below $22,000 for the first time in a month, while Ethereum (ETH) drops ... Read More
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German industrial production posts surprise 3.5% rise in January
Wednesday 08 Mar 2023
(Sharecast News) - German industrial production in January rose far more than expected, surging 3.5% on the previous month's fall, according to data released by the federal statistical office on Wedne... Read More
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US close: Stocks tumble following Powell testimony
Wednesday 08 Mar 2023
(Sharecast News) - Wall Street stocks headed south on Tuesday as market participants digested testimony from Federal Reserve chairman Jerome Powell. Read More
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Europe close: Stocks slip as Fed's Powell sounds more hawkish note than expected
Tuesday 07 Mar 2023
(Sharecast News) - European stocks fell after US Federal Reserve Chair Jerome Powell left the door open to faster rate hikes in his testimony before Congress and following weak Chinese foreign trade d... Read More
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Fed's Powell tells Senate 50bp rate hikes possible - if needed
Tuesday 07 Mar 2023
(Sharecast News) - The head of the Federal Reserve kept the door open to larger rate hikes - if needed - while pointing out that recent economic data had been stronger than expected. Read More
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US wholesale inventories fall 0.4% in January
Tuesday 07 Mar 2023
(Sharecast News) - Wholesale inventories decreased 0.40% month-on-month in January, in line with analysts' estimates. Read More
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US pre-open: Stocks mixed ahead of Powell testimony
Tuesday 07 Mar 2023
(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants patiently awaited testimony from Federal Reserve chairman Jerome Powell. Read More
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US pre-open: Futures slightly higher ahead of Powell testimony
Tuesday 07 Mar 2023
(Sharecast News) - Wall Street futures were trading slightly higher ahead of the bell on Tuesday as market participants patiently awaited testimony from Federal Reserve chairman Jerome Powell. Read More
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Asia report: Stocks mixed ahead of Powell testimony, RBA signals pause
Tuesday 07 Mar 2023
(Sharecast News) - Most Asian stock markets ended the day in positive territory on Tuesday, with investors keeping an eye on the upcoming testimony of US Federal Reserve Chair Jerome Powell to Congres... Read More
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Hellofresh shares slump on disappointing profit guidance
Tuesday 07 Mar 2023
(Sharecast News) - Meal kit outfit Hellofresh saw its shares head south early on Tuesday after providing 2023 profit guidance that fell short of market expectations on the back of decreasing order num... Read More
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Cryptos await Powell; Bitcoin tepid at $22,400
Tuesday 07 Mar 2023
(Sharecast News) - Little movement and lukewarmness in cryptocurrencies. Bitcoin (BTC) turns slightly upward and rises 0.1% in the last 24 hours to $22,400. Ethereum (ETH), meanwhile, rebounds 0.5% an... Read More
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German factory orders make surprise 1% jump in January
Tuesday 07 Mar 2023
(Sharecast News) - German January factory orders recorded a surprise 1% increase, driven by aircraft orders, official data revealed on Tuesday. Read More
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Chinese exports continue to decline in February
Tuesday 07 Mar 2023
(Sharecast News) - China's foreign trade surplus over the first two months of 2023 was larger than expected as the economy reopened and exports rebounded, while import growth lagged behind. Read More
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US close: Stocks mixed ahead of Powell testimony
Tuesday 07 Mar 2023
(Sharecast News) - Wall Street stocks delivered a mixed performance on Monday as traders held their breath for a number of economic data points and comments from policymakers scheduled for later in th... Read More
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Europe close: Stocks end mixed amid soft economic data, hawkish ECB
Monday 06 Mar 2023
(Sharecast News) - European shares were mostly higher on Monday despite soft economic data and hawkish comments from the European Central Bank's chief economist. Read More
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US open: Stocks trade higher as investors look ahead to Powell testimony
Monday 06 Mar 2023
(Sharecast News) - Wall Street stocks were in the green early on Monday as traders held their breath for a number of economic data points and comments from policymakers scheduled for later in the week... Read More
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Altria to buy e-cigarette maker NJOY for $2.75bn
Monday 06 Mar 2023
(Sharecast News) - Altria said on Monday that it has agreed to buy e-cigarette maker NJOY for $2.75bn in cash. Read More
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US pre-open: Futures mixed as traders look ahead to Powell testimony
Monday 06 Mar 2023
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Monday as traders held their breath for a number of economic data points and comments from policymakers scheduled for la... Read More
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Asia report: Stocks mixed as China announces modest growth target
Monday 06 Mar 2023
(Sharecast News) - Regional stock markets in Asia were mixed on Monday as investors analysed China's new, more modest growth targets set in its latest parliamentary sessions. Read More
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China sets modest growth target for 2023
Monday 06 Mar 2023
(Sharecast News) - China is aiming for economic growth of just 5% this year, its lowest target for decades, as the country looks to restore economic stability. Read More
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