International News
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US close: Stocks surge after Jerome Powell speech
Thursday 01 Dec 2022
(Sharecast News) - Wall Street stocks closed well above the waterline on Wednesday, as market participants digested comments from Federal Reserve chairman Jerome Powell after an avalanche of economic ... Read More
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Fed's Powell says rate hikes may slow, but path of inflation 'highly uncertain'
Wednesday 30 Nov 2022
(Sharecast News) - The head of the US central bank opened the door to a downshift in the pace of interest rate hikes as soon as December. Read More
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Chicago PMI craters in November
Wednesday 30 Nov 2022
(Sharecast News) - Manufacturing sector activity in the Chicago registered an outsized slump in November, the results of a survey revealed. Read More
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US pending home sales fall slightly less than expected in October
Wednesday 30 Nov 2022
(Sharecast News) - Contracts to purchase previously owned US homes declined for the fifth month in a row in October, albeit slightly less than expected, as higher mortgage rates continued to weigh on ... Read More
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US job openings fall by 353,000 in October
Wednesday 30 Nov 2022
(Sharecast News) - The number of job openings in the US fell by 353,000 in October to 10.3m, in line with market expectations. Read More
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US open: Stocks mixed ahead of Powell testimony
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as market participants digested a slew of data points ahead of comments from Federal Reserve chairman Jerome Powell at the ... Read More
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Corteva buys biologicals outfit Stoller for $1.2bn in cash
Wednesday 30 Nov 2022
(Sharecast News) - Corteva inked a deal to acquire biologicals outfit Stoller for $1.2bn in cash. Read More
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US Q3 GDP expands a tad more quickly than expected
Wednesday 30 Nov 2022
(Sharecast News) - America's economy expanded at a slightly quicker pace than expected over the three months ending in September. Read More
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State Street pulls out of Brown Brothers Harriman deal
Wednesday 30 Nov 2022
(Sharecast News) - State Street pulled out of its proposed acquisition of Brown Brothers Harriman Investor Services, by mutual consent, following regulatory feedback. Read More
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US private sector hiring slows in November, ADP says
Wednesday 30 Nov 2022
(Sharecast News) - Hiring in the US slowed by more than expected in November, the results of a survey showed. Read More
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Beijing mulling second round of booster shots
Wednesday 30 Nov 2022
(Sharecast News) - Officials in Beijing are mulling rolling out a second round of booster shots against Covid-19 as part of the country's drive to lay the groundwork for its reopening. Read More
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US mortgage applications drop 0.8% week-on-week
Wednesday 30 Nov 2022
(Sharecast News) - US mortgage applications fell 0.8% in the week ended 25 November, according to the Mortgage Bankers Association, following a 2.2% advance in the previous week. Read More
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US pre-open: Futures slightly higher ahead of Powell speech
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street futures were pointing to a positive open ahead of the bell on Wednesday as market participants hold their collective breath for comments from Federal Reserve Chair Jerom... Read More
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German unemployment rises in November
Wednesday 30 Nov 2022
(Sharecast News) - German unemployment rose in November, according to official data released on Wednesday. Read More
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Asia report: Stocks rise despite manufacturing disappointment
Wednesday 30 Nov 2022
(Sharecast News) - Most stock markets in Asia were in the green on Wednesday, even after Chinese factory activity data for November fell short of expectations. Read More
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Eurozone inflation eases more than expected in November
Wednesday 30 Nov 2022
(Sharecast News) - Eurozone inflation eased more than expected in November, according to a flash estimate released on Wednesday by Eurostat, paving the way for a 50 basis points rate hike by the Europ... Read More
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Gains and volatility for cryptos, pending Powell´s speech and FTX´s contagion effect
Wednesday 30 Nov 2022
(Sharecast News) - Cryptocurrencies maintain their upward trend despite market turbulence. Bitcoin (BTC) aims for $17,000 and rises almost 3% in the last 24 hours, while Ethereum (ETH) soars more than... Read More
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H&M to axe 1,500 jobs as it looks to cut costs
Wednesday 30 Nov 2022
(Sharecast News) - Swedish fashion retailer Hennes & Mauritz said on Wednesday that it will axe 1,500 jobs as it looks to cut costs and boost efficiency. Read More
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China factory activity shrinks more than expected amid Covid curbs
Wednesday 30 Nov 2022
(Sharecast News) - China's manufacturing activity shrank faster than expected in November as Covid restrictions took their toll, according to data released on Wednesday by the National Bureau of Stati... Read More
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US close: Stocks mostly lower as consumer confidence drops to four-month low
Wednesday 30 Nov 2022
(Sharecast News) - Wall Street stocks closed mostly lower on Tuesday as turmoil in China and declining consumer confidence weighed on sentiment. Read More
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