International News
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Tesla shareholders support $56bn pay package, Musk says
Thursday 13 Jun 2024
(Sharecast News) - Billionaire Elon Musk has claimed that Tesla Motors shareholders are voting in favour of his controversial $56bn pay package by "a wide margin". Read More
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US pre-open: Futures mixed following FOMC decision
Thursday 13 Jun 2024
(Sharecast News) - Wall Street futures were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday. Read More
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Eurozone industrial production edges lower, misses forecasts
Thursday 13 Jun 2024
(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday. Read More
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Asia report: Most markets rise after US Fed decision
Thursday 13 Jun 2024
(Sharecast News) - Asia-Pacific markets mostly saw gains on Thursday, after the US Federal Reserve decided to hold the federal funds rate steady at 5.25% to 5.5%. Read More
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US close: S&P 500, Nasdaq hit new highs after CPI data and FOMC meeting
Wednesday 12 Jun 2024
(Sharecast News) - US stocks finished mostly higher on Wednesday with the S&P 500 and Nasdaq reaching new highs after data showed a larger-than-expected slowdown in inflation and the Federal Reserve g... Read More
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Europe close: US CPI down, stocks up, Fed still to go
Wednesday 12 Jun 2024
(Sharecast News) - European shares gained as investors moved to price back in a first interest rate cut by the US Federal Reserve in September, even as they waited on the central bank's rate decision ... Read More
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ECB's De Guindos says direction of rates 'clear', but cautious in near-term
Wednesday 12 Jun 2024
(Sharecast News) - Luis de Guindos at the European Central Bank expressed confidence that interest rates were headed lower still, but perhaps more slowly than anticipated. Read More
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US CPI undershoots forecasts in May
Wednesday 12 Jun 2024
(Sharecast News) - The cost of living in the States was unchanged last month, leading markets to price in higher odds of a rate cut in September. Read More
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US open: Stocks trade higher following CPI reading
Wednesday 12 Jun 2024
(Sharecast News) - Wall Street stocks were in the green at the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflation data... Read More
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FedEx to cut between 1,700 and 2,000 back office jobs in Europe
Wednesday 12 Jun 2024
(Sharecast News) - US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freig... Read More
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Starling sees profits surge, flags rise in bad loans
Wednesday 12 Jun 2024
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions Read More
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US mortgage applications surge as Treasury yields fall
Wednesday 12 Jun 2024
(Sharecast News) - US mortgage applications soared 15.6% in the week ended 7 June, according to the Mortgage Bankers Association of America, rebounding from a 5.2% drop in the previous week and erasin... Read More
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EU to slap tariff of up to 38pc on Chinese EVs
Wednesday 12 Jun 2024
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and r... Read More
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US pre-open: Futures cautiously higher ahead of FOMC decision
Wednesday 12 Jun 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflati... Read More
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Asia report: Markets mixed as investors digest regional inflation data
Wednesday 12 Jun 2024
(Sharecast News) - Markets across the Asia-Pacific region showed mixed performances on Wednesday, reflecting investor responses to varying inflation data from around the continent. Read More
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China inflation nudges higher, narrowly misses forecasts
Wednesday 12 Jun 2024
(Sharecast News) - Inflation in China nudged marginally higher in May, official data showed on Wednesday, while producer prices eased. Read More
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German annual inflation confirmed at 2.8% in May
Wednesday 12 Jun 2024
(Sharecast News) - The final reading of Germany inflation for May confirmed that annual price growth had picked up to a four-month high, with numbers in line with the preliminary estimate released two... Read More
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Euro 2024 expected to give retailers a big boost, BRC poll shows
Wednesday 12 Jun 2024
(Sharecast News) - This summer's EUFA European Championship is expected to give UK retailers a big boost, according to a poll released on Wednesday by the British Retail Consortium. Read More
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US close: Markets mixed ahead of FOMC and CPI, but Apple surges
Tuesday 11 Jun 2024
(Sharecast News) - US stocks finished in a mixed fashion on Tuesday with the Dow falling but the Nasdaq putting in decent gains, helped by a strong performance from tech heavyweight Apple. Read More
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Europe close: Political uncertainty weighs heavily on stocks
Tuesday 11 Jun 2024
(Sharecast News) - European stocks dropped sharply on Tuesday as ongoing political uncertainty weighed heavily on market sentiment in the aftermath of European Parliament elections which saw the advan... Read More
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