International News
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Federal Reserve hikes rates, leaves door open to more tightening
Wednesday 26 Jul 2023
(Sharecast News) - The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed. Read More
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Europe close: Stocks slip ahead of Fed, LVMH drop hits Cac-40
Wednesday 26 Jul 2023
(Sharecast News) - European shares ended on a mixed note on Wednesday as investor focus turned to the start of the US Federal Reserve's two-day policy meeting for any clues on the future path of inter... Read More
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CMA to consult on changes offered by Amazon Marketplace
Wednesday 26 Jul 2023
(Sharecast News) - In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats... Read More
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U.S. new home sales dip in June
Wednesday 26 Jul 2023
(Sharecast News) - New home sales in the U.S. undershot economists' forecasts by a large margin last month. Read More
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US open: Alphabet and Boeing please, banks wanted
Wednesday 26 Jul 2023
(Sharecast News) - US stocks were trading on a mixed note on Wednesday as investors eyed the latest policy announcement from the Federal Reserve later in the session and a mixed batch of earnings rele... Read More
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Deutsche Bank boosts bad loan provision, revenues jump
Wednesday 26 Jul 2023
(Sharecast News) - Deutsche Bank flagged a more uncertain macroeconomic outlook on Wednesday, after it boosted provisions for bad loans. Read More
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Little movement in cryptos as they await the Fed and some positive news
Wednesday 26 Jul 2023
(Sharecast News) - Little movement in the cryptocurrency market. Bitcoin (BTC) drops moderately and remains near $29,200, while Ethereum (ETH) follows in its wake and threatens to lose $1,850. Read More
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Shares in LVMH slip on disappointing sales
Wednesday 26 Jul 2023
(Sharecast News) - Shares in LVMH fell on Wednesday after the luxury goods giant's second-quarter numbers disappointed. Read More
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US pre-open: Stocks to edge down ahead of Fed announcement
Wednesday 26 Jul 2023
(Sharecast News) - US stock futures pointed to a slightly lower open on Wall Street on Wednesday as investors eyed the latest policy announcement from the Federal Reserve and more earnings releases. Read More
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Asia report: Stocks mixed as investors await Fed decision
Wednesday 26 Jul 2023
(Sharecast News) - Asian stocks mainly declined on Wednesday, largely due to investors' risk-averse approach in anticipation of a projected interest rate hike by the US Federal Reserve later in the da... Read More
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US house prices rise in May, S&P says
Wednesday 26 Jul 2023
(Sharecast News) - Home prices in the U.S. rose in May, led by gains in the largest cities, the results of a closely watched survey showed. Read More
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US close: Stocks firmer as investors look to Fed decision
Wednesday 26 Jul 2023
(Sharecast News) - Wall Street enjoyed a positive close on Tuesday, buoyed by investor anticipation for the Federal Reserve's two-day policy meeting and a strong earnings season. Read More
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Europe close: Stocks end mixed, but Basic Resources snap higher
Tuesday 25 Jul 2023
(Sharecast News) - European shares ended on a mixed note as investors eyed a US Federal Reserve decision on rates the next day. Read More
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US open: Stocks higher as Fed meeting gets underway
Tuesday 25 Jul 2023
(Sharecast News) - Wall Street was trading higher as investors eyed the start of the Federal Reserve's two-day policy meeting and earnings from the likes of Alphabet and Microsoft. Read More
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US consumer confidence jumps in July, price expectations dip
Tuesday 25 Jul 2023
(Sharecast News) - Consumer confidence in the U.S. jumped in July, breaking out of the sideways range that had been seen throughout much of the past year, the results of a survey showed. Read More
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Biogen to axe 1,000 jobs as part of cost-cutting strategy
Tuesday 25 Jul 2023
(Sharecast News) - US biopharmaceutical firm Biogen announced that it would trim its workforce by 1,000 jobs on Tuesday, as part of a cost reduction strategy. Read More
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Amazon cuts price for iRobot to $51.75 a share
Tuesday 25 Jul 2023
(Sharecast News) - Amazon said on Tuesday that it will now pay less for Roomba vacuum maker iRobot after it entered into a $200m financing facility. Read More
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IMF lifts global growth forecasts; Sees softer landing for major economies
Tuesday 25 Jul 2023
(Sharecast News) - The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year. Read More
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US pre-open: Stocks seen mostly higher ahead of Fed meeting, tech earnings
Tuesday 25 Jul 2023
(Sharecast News) - US futures pointed to a mostly higher open on Wall Street on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting and earnings from the likes of Alpha... Read More
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Cryptos are showing signs of weakness; Bitcoin is close to losing $29,000
Tuesday 25 Jul 2023
(Sharecast News) - The cryptocurrency market continues to show signs of weakness. Bitcoin (BTC) has fallen nearly 2% in the last 24 hours and threatens to lose $29,000, while Ethereum (ETH) has droppe... Read More
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