International News
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Moderna Q3 earnings and sales disappoint
Thursday 03 Nov 2022
(Sharecast News) - Biotechnology outfit Moderna missed analysts' estimates for third quarter earnings and sales by a wide margin. Read More
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Asia report: Markets down after Fed hike as China services disappoint
Thursday 03 Nov 2022
(Sharecast News) - Stocks in Asia were weaker across the board on Thursday, after investors woke up to another 75-basis point rate hike from the US Federal Reserve, with more tightening on the horizon... Read More
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Eurozone unemployment rate ticks lower in September
Thursday 03 Nov 2022
(Sharecast News) - Eurozone unemployment edged lower in September, according to figures released on Thursday by Eurostat. Read More
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Morgan Stanley plans fresh round of global layoffs - report
Thursday 03 Nov 2022
(Sharecast News) - Morgan Stanley is reportedly planning to start a fresh round of layoffs globally in the coming weeks, as dealmaking business takes a hit from rising inflation and the economic downt... Read More
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The Fed fails to stick to its script; cryptocurrency market erases gains
Thursday 03 Nov 2022
(Sharecast News) - The Fed has not followed the script. The cryptocurrency market presents a slightly bearish sign on Thursday after erasing its gains on Wednesday and the Federal Reserve (Fed) has te... Read More
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Elon Musk to cut Twitter's workforce in half
Thursday 03 Nov 2022
(Sharecast News) - Twitter's new owner Elon Musk will look to cut roughly 3,700 jobs at the social media giant as part of an effort to cut costs. Read More
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China services PMI falls further in October - Caixin
Thursday 03 Nov 2022
(Sharecast News) - Activity in China's services sector deteriorated further in October as Covid restrictions took their toll, according to data released on Thursday. Read More
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US close: Dow loses 500 points after another Fed hike
Wednesday 02 Nov 2022
(Sharecast News) - Wall Street stocks closed well below the waterline on Wednesday, as investors digested another 75-basis point rate hike from the Federal Reserve, while opening the door to some flex... Read More
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Europe close: Stocks slip ahead of US Fed rate meeting
Wednesday 02 Nov 2022
(Sharecast News) - European equities finished lower on Wednesday after survey data showed eurozone manufacturing slipped into recession at the start of the fourth quarter and investors waited on the o... Read More
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Fed shifts towards more flexible stance
Wednesday 02 Nov 2022
(Sharecast News) - The US central bank appeared to take a page out of the European Central Bank's playbook, telling investors that it would begin to take into account the cumulative effect of policy t... Read More
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Ukraine grain corridor set to restart on Wednesday
Wednesday 02 Nov 2022
(Sharecast News) - The grain corridor linking Ukrainian ports to the rest of the world resume operations come midday Wednesday, following talks between Russia and Turkey. Read More
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US open: Stocks trade lower ahead of Fed decision
Wednesday 02 Nov 2022
(Sharecast News) - Wall Street stocks opened lower on Wednesday as investors braced for the Federal Reserve's all-important interest rate decision. Read More
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US companies add 239,000 jobs in October - ADP
Wednesday 02 Nov 2022
(Sharecast News) - US companies added 239,000 jobs in October, according to ADP, with the leisure and hospitality sector doing most of the heavy lifting. Read More
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US pre-open: Futures lower ahead of FOMC decision
Wednesday 02 Nov 2022
(Sharecast News) - Wall Street futures had stocks opening lower ahead of the bell on Wednesday as investors braced for the Federal Reserve's all-important interest rate decision. Read More
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US mortgage applications drop for sixth straight week
Wednesday 02 Nov 2022
(Sharecast News) - US mortgage applications dipped 0.5% on a seasonally adjusted basis in the seven days ended 28 October - a sixth consecutive weekly decline. Read More
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Estee Lauder posts Q1 earnings beat, lowers full-year forecasts
Wednesday 02 Nov 2022
(Sharecast News) - Cosmetics giant Estee Lauder beat market expectations on its first-quarter profit on Wednesday, but sounded a downbeat tone on its outlook. Read More
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Asia report: Stocks mixed ahead of Fed, typhoon halts HK trading
Wednesday 02 Nov 2022
(Sharecast News) - Stock markets in Asia finished in a mixed state on Wednesday ahead of the US Fed's much-awaited interest rate decision later in the global day, with trading in Hong Kong cut short a... Read More
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German jobless claims rise by less than expected in October, unemployment steady
Wednesday 02 Nov 2022
(Sharecast News) - Germany's labour market remained resilient last month with unemployment claims rising by less than expected. Read More
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Tense calm in the crypto market: all eyes on the Fed
Wednesday 02 Nov 2022
(Sharecast News) - The cryptocurrency market is enveloped in a tense calm that only the Federal Reserve (Fed) can break. Bitcoin (BTC) is trying to consolidate at $20,500 before the outcome of the cen... Read More
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Euro area manufacturing falls clearly into recession in October, S&P Global says
Wednesday 02 Nov 2022
(Sharecast News) - Manufacturing within the single currency bloc clearly fell into a recession at the start of the fourth quarter, the results of a closely followed survey revealed. Read More
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