International News
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China services activity expands more than expected
Friday 03 Feb 2023
(Sharecast News) - Activity in China's services sector expanded more than expected in January as Covid curbs were eased, according to data released on Friday. Read More
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Apple earnings miss expectations
Friday 03 Feb 2023
(Sharecast News) - Earnings at Apple fell by more than expected during the first quarter, sending shares in the US tech giant lower. Read More
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US close: Stocks mixed following earnings onslaught
Friday 03 Feb 2023
(Sharecast News) - Wall Street stocks turned in a mixed performance on Thursday as digested a slew of corporate earnings and some key data points. Read More
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Europe close: Stocks rise even as ECB guides towards more rate hikes
Thursday 02 Feb 2023
(Sharecast News) - European stocks clocked in with solid gains on Thursday after dovish remarks from the US Federal Reserve on inflation prompted rallies on Wall Street and in Asia. Read More
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London close: Stocks jump as investors eye interest rate peak
Thursday 02 Feb 2023
(Sharecast News) - London stocks jumped on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row. Read More
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ECB raises rates by 50bp, flags March hike
Thursday 02 Feb 2023
(Sharecast News) - The European Central Bank went ahead and hiked interest rates by 50 basis points on Thursday as was widely expected. Read More
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US open: Stocks mixed as traders thumb through earnings
Thursday 02 Feb 2023
(Sharecast News) - Wall Street stocks were mixed early on Thursday as digested a slew of corporate earnings and some key data points. Read More
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US layoff announcements more than double in January, Challenger says
Thursday 02 Feb 2023
(Sharecast News) - US layoff announcements more than doubled in January as firms girded themselves for an anticipated recession, according to the latest tally from one of the country's best known staf... Read More
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US pre-open: Stocks mixed ahead of earnings deluge
Thursday 02 Feb 2023
(Sharecast News) - Wall Street futures were pointing to a mixed open ahead of the bell on Thursday as traders braced for a slew of corporate earnings. Read More
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Weekly US jobless claims slip lower again
Thursday 02 Feb 2023
(Sharecast News) - Unemployment claims in the US continued to run below forecasts over the preceding week, defying expectations for a post-Christmas rebound. Read More
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US Q4 labour productivity beats forecasts, limiting unit cost growth
Thursday 02 Feb 2023
(Sharecast News) - Fourth quarter labour productivity in the US was higher than expected, helping to limit unit labour cost growth. Read More
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Deutsche Bank FY revenues fall, PBT highest since 2007
Thursday 02 Feb 2023
(Sharecast News) - Investment bank Deutsche Bank posted fourth-quarter pre-tax profits and revenues that fell short of estimates on Thursday due to a steep decline in advisory income. Read More
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Merck & Co. posts stronger-than-expected Q4 numbers, guidance falls short
Thursday 02 Feb 2023
(Sharecast News) - Merck & Co. posted better-than-expected quarterly results despite stiff foreign exchange headwinds, but its guidance for profits fell short of Wall Street estimates. Read More
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Germany manufacturing materials shortages fall in January - Ifo
Thursday 02 Feb 2023
(Sharecast News) - Materials shortages have decreased in German manufacturing, according to a survey by the Ifo economic institute published on Thursday. Read More
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Bitcoin aims for $24,000, helped by the Fed´s speech
Thursday 02 Feb 2023
(Sharecast News) - There are very strong gains for cryptocurrencies. Bitcoin (BTC) rallies more than 3% and is aiming for $24,000, while Ethereum (ETH) soars 5.83% to $1,660 and is trying to test $1,7... Read More
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Asia close: Stocks broadly higher after dovish Fed comments
Thursday 02 Feb 2023
(Sharecast News) - Asian stock markets were mixed on Thursday after the US Federal Reserve said it was making progress on bringing down inflation, although warned that more interest rate hikes were on... Read More
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German exports fall 6.3% in December
Thursday 02 Feb 2023
(Sharecast News) - German exports fell more than expected in December as the impact of high inflation and the war in Ukraine hit trade, according to official data released on Thursday. Read More
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US close: Stocks close higher after Fed raises rates
Thursday 02 Feb 2023
(Sharecast News) - Wall Street stocks were in the green at the close of trading on Wednesday as market participants digested the outcome of the FOMC's two-day policy meeting. Read More
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Fed raises rates by 25bp, says more hikes anticipated
Wednesday 01 Feb 2023
(Sharecast News) - The US central bank raised the range for its benchmark interest rate by 25 basis points to 4.5-4.75% and said it foresaw further hikes. Read More
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Europe close: Stocks end mostly higher ahead of Fed decision
Wednesday 01 Feb 2023
(Sharecast News) - European shares got off to a mostly positive start in February, even as they waited on the Federal Reserve's interest rate announcement on Wednesday evening and the monthly non-farm... Read More
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