International News
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ECB's Lane says rates to rise further after March increase
Monday 06 Mar 2023
(Sharecast News) - The European Central Bank's chief economist said on Monday that the Bank will likely need to increase borrowing costs further after next week's planned hike. Read More
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Eurozone economic sentiment unexpectedly deteriorates
Monday 06 Mar 2023
(Sharecast News) - Investor sentiment in the eurozone unexpectedly deteriorated in March, according to data released on Monday. Read More
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Uncertainty for Bitcoin and cryptos due to macro data, Silvergate and the Fed
Monday 06 Mar 2023
(Sharecast News) - The cryptocurrency market remains in no man's land and shows no signs of improving. Bitcoin (BTC) is trading virtually flat at $22,400, while Ethereum (ETH) has dropped 0.4%, at $1,... Read More
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Contraction in eurozone construction sector eases in February
Monday 06 Mar 2023
(Sharecast News) - The downturn in the eurozone construction sector eased a little in February, according to a survey released on Monday. Read More
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Top Credit Suisse shareholder Harris Associates sells out
Monday 06 Mar 2023
(Sharecast News) - One of Credit Suisse's longest-standing shareholders has reportedly sold its entire stake in the beleaguered Swiss bank after losing patience with its strategy amid persistent losse... Read More
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Europe close: Decent data helps lift regional bourses
Friday 03 Mar 2023
(Sharecast News) - European shares ended higher on Friday, having started the day in the green after a late rally on Wall Street overnight. Read More
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ISM's US PMI tops expectations in February
Friday 03 Mar 2023
(Sharecast News) - The Institute for Supply Management's non-manufacturing PMI came to 55.1 in February, broadly flat month-on-month but ahead of expectations for a reading of 54.5. Read More
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US open: Stocks trade higher as investors digest US CPI data
Friday 03 Mar 2023
(Sharecast News) - Wall Street stocks were in the green early on Friday as traders digested some key data points. Read More
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Lufthansa Group rises on strong 2022 turnaround
Friday 03 Mar 2023
(Sharecast News) - Lufthansa Group reported a solid financial turnaround in its 2022 results on Friday, swinging to adjusted EBIT of €1.5bn, from a loss of €1.7bn in the prior year. Read More
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US pre-open: Futures higher ahead of PMI data
Friday 03 Mar 2023
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday ahead of some key data points. Read More
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Asia report: Most markets rise on solid service data from China
Friday 03 Mar 2023
(Sharecast News) - Most Asian stock markets ended in positive territory on Friday, with fresh data pointing towards a solid recovery in China's services sector. Read More
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Eurozone economy expands at fastest pace since June 2022
Friday 03 Mar 2023
(Sharecast News) - The eurozone economy expanded in February at its fastest pace since June 2022, according to a survey released on Friday. Read More
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Cryptos and Bitcoin plummet, dragged down by Silvergate and macro data
Friday 03 Mar 2023
(Sharecast News) - Cryptocurrencies fall sharply, and they will close the week in the red, unless there is a last minute surprise. Bitcoin (BTC) extends losses and drops more than 4% in the last 24 ho... Read More
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German January exports rebound from Dec fall with 2.1% rise
Friday 03 Mar 2023
(Sharecast News) - German exports rose by more than expected in January, recording a 2.1% rise and rebounding from a sharp drop in the prior month, according to official data released on Friday. Read More
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China services sector grows more than expected - Caixin
Friday 03 Mar 2023
(Sharecast News) - Activity in China's services sector picked up more than expected in February amid a recovery in demand, according to a survey released on Friday. Read More
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US close: Stocks higher following comments from Fed's Bostic
Friday 03 Mar 2023
(Sharecast News) - Wall Street stocks closed higher on Thursday following comments from the Atlanta Federal Reserve's Raphael Bostic, even as Treasury yields remained elevated. Read More
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Europe close: Investors brush off higher-than-expected CPI data
Thursday 02 Mar 2023
(Sharecast News) - European shares were higher on Thursday as investors seemingly brushed off a higher than expected reading for consumer price inflation in the single currency area. Read More
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Eurozone inflation eases less than expected in February
Thursday 02 Mar 2023
(Sharecast News) - Eurozone inflation eased less than expected in February, according to preliminary data released by Eurostat on Thursday. Read More
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US open: Stocks mixed amid elevated Treasury yields
Thursday 02 Mar 2023
(Sharecast News) - Wall Street stocks were mixed after the opening bell on Thursday as Treasury yields continued to rise. Read More
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Macy's reports stronger net sales than pre-Covid period
Thursday 02 Mar 2023
(Sharecast News) - American department store giant Macy's said in its 2022 results on Thursday that amid a challenging macroeconomic environment, its diluted earnings per share came in at $4.19 and an... Read More
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