International News
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Cryptos are not getting back on their feet; Bitcoin drops 10% in August
Monday 28 Aug 2023
(Sharecast News) - Moderate falls in the cryptocurrency market. Bitcoin (BTC) drops 0.4% in the last 24 hours and falls below $26,000, while Ethereum (ETH) retreats another 0.4% and is close to $1,650... Read More
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US close: Stocks rise on hopes Fed will press pause
Friday 25 Aug 2023
(Sharecast News) - After a tentative start, US stocks finished Friday's session with decent gains after the head of the Federal Reserve failed to drop any new bombshells on the market during a much-an... Read More
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Europe close: Shares slip on Powell inflation remarks; WoS tanks
Friday 25 Aug 2023
(Sharecast News) - European shares closed marginally lower on Friday after US Federal Reserve chair Jerome Powell told the Jackson Hole symposium in Wyoming rates could rise again to quell inflation h... Read More
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Powell warns inflation still 'too high'
Friday 25 Aug 2023
(Sharecast News) - US interest rates could still be on the way to battle inflation that is "too high", Federal Reserve Chair Jerome Powell warned on Friday. Read More
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US Open: Shares start higher with all eyes on Powell speech
Friday 25 Aug 2023
(Sharecast News) - US stocks rose at the open on Friday as Wall Street investors awaited Federal Reserve Chairman Jerome Powell's Jackson Hole speech. Read More
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US pre-open: Quiet start expected as markets await Powell speech
Friday 25 Aug 2023
(Sharecast News) - Futures on Wall Street were pointing to a subdued start on Friday, following heavy losses the previous session, as investors waited with caution for news coming out of the Jackson H... Read More
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German business sentiment deteriorates further
Friday 25 Aug 2023
(Sharecast News) - German business sentiment deteriorated further in August, according to a survey released on Thursday by the Ifo Institute. Read More
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Asia report: Stocks slide ahead of Jackson Hole, Tokyo inflation rate shrinks
Friday 25 Aug 2023
(Sharecast News) - Markets in the Asia-Pacific region recorded significant declines on Friday, as investors reacted to the latest inflation figures from Tokyo, and awaited potential cues on US monetar... Read More
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Watches of Switzerland allays concerns as Rolex buys competitor Bucherer
Friday 25 Aug 2023
(Sharecast News) - Watches of Switzerland responded to concerns regarding the acquisition of Bucherer by Rolex on Friday, working to reassure shareholders of its continued access to stock. Read More
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China relaxes local mortgage policy as property sector struggles
Friday 25 Aug 2023
(Sharecast News) - Authorities in Beijing announced a strategic move to counter the declining residential property market overnight on Friday, with a new policy intended to ease its stringent mortgage... Read More
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Germany exits recession, but outlook looks gloomy
Friday 25 Aug 2023
(Sharecast News) - Germany's economy flatlined in the second quarter of 2023, according to new data released on Friday which was unrevised from preliminary estimates. Read More
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US close: Stocks sink into the red as Fed nerves kick in
Thursday 24 Aug 2023
(Sharecast News) - After a fleeting moment in positive territory, US stocks ended with heavy losses on Thursday, as the optimism surrounding tech giant Nvidia's stellar second quarter quickly faded. Read More
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Europe close: Nvidia rally falters as rate fears take hold again
Thursday 24 Aug 2023
(Sharecast News) - The rally on European markets petered out at the close on Thursday, as sentiment boosted by strong results from US tech giant Nvidia gave way to concerns that Federal Reserve chair ... Read More
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US open: Stocks mostly higher as investors mull Nvidia results, jobless claims
Thursday 24 Aug 2023
(Sharecast News) - US stocks were mostly higher in early trade on Thursday after better-than-expected second-quarter results from chip designer Nvidia, although gains were muted. Read More
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US initial jobless claims fall to lowest level in three months
Thursday 24 Aug 2023
(Sharecast News) - The number of Americans filing for unemployment benefits fell last week to its lowest level in three weeks, according to data released on Thursday by the Labor Department. Read More
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US pre-open: Nvidia's stellar Q2 gives futures a boost
Thursday 24 Aug 2023
(Sharecast News) - Stocks were expected to extend recent gains on Thursday, as results from tech giant Nvidia smashed expectations with its quarterly results after the closing bell. Read More
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Asia report: Markets rise as Bank of Korea keeps rates on hold
Thursday 24 Aug 2023
(Sharecast News) - Asia-Pacific markets experienced an upswing on Thursday, with most regional indices posting positive figures. Read More
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US close: Stocks post solid gains, Nvidia jumps after the bell
Wednesday 23 Aug 2023
(Sharecast News) - US stocks closed with decent gains on Wednesday, as investors waited with anticipation for earnings figures from heavyweight tech group Nvidia, due out after the closing bell. Read More
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US private sector nears stagnation in August PMIs
Wednesday 23 Aug 2023
(Sharecast News) - America's private sector showed signs of near stagnation in August, according to fresh survey data released on Wednesday, with business activity growth showing a slowdown. Read More
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US open: Stocks gain as investors eye Nvidia results
Wednesday 23 Aug 2023
(Sharecast News) - US stocks rose in early trade on Wednesday as investors mulled the latest manufacturing and services PMIs and looked ahead to second-quarter results from Nvidia after the close and ... Read More
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