International News
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Mazars quits work with crypto firms including Binance
Friday 16 Dec 2022
(Sharecast News) - Paris-based global auditor Mazars has suspended all of its work with cryptocurrency firms, it was reported on Friday, as the fallout from the collapse of FTX continued. Read More
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Eurozone trade deficit hits €26.5bn in October
Friday 16 Dec 2022
(Sharecast News) - The Euro Area's trade deficit narrowed to €26.5bn in October, according to Eurostat, down from €37.7bn in September as rising energy prices continued to weigh on the blo... Read More
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Asia report: Most markets weaker on renewed recession fears
Friday 16 Dec 2022
(Sharecast News) - Stock markets were broadly lower across the Asia-Pacific region on Friday, after a trifecta of interest rate rises in the UK, US and Europe earlier in the week led to growing fears ... Read More
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US pre-open: Futures have stocks extending yesterday's heavy losses
Friday 16 Dec 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday, putting major indices on track for a second consecutive week of losses. Read More
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EZ Dec PMI shows fall at slower rate
Friday 16 Dec 2022
(Sharecast News) - The fall in Eurozone business activity slowed in December, indicating that any recession in the single currency bloc could be milder than expected, a survey showed on Friday. Read More
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Cryptos extend losses after central banks rate hikes
Friday 16 Dec 2022
(Sharecast News) - Cryptocurrencies extend their losses. Bitcoin (BTC), the world's largest digital currency, has dropped more than 1% on Friday and is moving away from $18,000, while Ethereum (ETH), ... Read More
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US close: Stocks sharply lower as Fed's rate decision remains in focus
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks closed sharply lower on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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Europe close: Stocks drop as ECB sounds hawkish note
Thursday 15 Dec 2022
(Sharecast News) - European stock markets finished sharply lower on Thursday as interest rates were lifted in Switzerland, Norway, the UK and in the euro area even as investors were digesting hawkish ... Read More
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US industrial production dips amid drag from manufacturing
Thursday 15 Dec 2022
(Sharecast News) - Industrial production growth in the US fell short of forecasts last month due to the drag from factory and mining activity. Read More
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US open: Stocks sharply lower following Fed rate decision
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks were sharply lower early on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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ECB will continue 50bp hikes for 'a period of time'
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank will continue hiking interest rates by 50 basis points per meeting for "a period of time", President Christine Lagarde said. Read More
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Americans rein in their spending a bit in November
Thursday 15 Dec 2022
(Sharecast News) - Americans unexpectedly reined in their spending a bit in November. Read More
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US initial jobless claims drop to lowest level in almost three months
Thursday 15 Dec 2022
(Sharecast News) - US first-time unemployment claims fell by 20,000 in the week ended 10 December, dropping to 211,000 - the lowest level since the end of September and well below market expectations ... Read More
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US Philly Fed index rebounds a bit less than expected in December
Thursday 15 Dec 2022
(Sharecast News) - Factory activity in the US mid-Atlantic region continued to shrink at the end of 2022, albeit at a slower clip, the results of a closely followed survey revealed. Read More
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ECB lifts rates by 50 basis points; outlook hawkish
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank hiked interest rates on Thursday by 50 basis points, as expected, in the face of surging inflation. Read More
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US pre-open: Futures lower as investors digest Fed rate hike
Thursday 15 Dec 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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Asia report: Stocks fall after Fed hike, data deluge
Thursday 15 Dec 2022
(Sharecast News) - Most stock markets in Asia closed in the red on Thursday, as investors reacted to the US Fed's 50-basis point interest rate hike overnight. Read More
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Citigroup announces closure of China consumer business
Thursday 15 Dec 2022
(Sharecast News) - Citigroup announced the winding-down of its consumer operations in China on Thursday, in a move that would see the jobs of 1,200 of its staff in the country affected. Read More
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EU new car registrations rise again in November
Thursday 15 Dec 2022
(Sharecast News) - Europe's passenger car market saw another "strong uplift" in November, according to industry data released on Thursday, with passenger car registrations rising for the fourth consec... Read More
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Industrial action to go ahead at Heathrow
Thursday 15 Dec 2022
(Sharecast News) - A planned 72-hour strike by ground handlers at Heathrow airport will go ahead on Friday, after the latest round of pay talks broke down. Read More
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