International News
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ECB rate hike fears rise as eurozone inflation holds stable
Thursday 31 Aug 2023
(Sharecast News) - Consumer prices in the eurozone area increased more than expected in August, raising concerns that the European Central Bank may act once again to bring down stubbornly high inflati... Read More
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Asia report: Stocks mixed on fresh China manufacturing data
Thursday 31 Aug 2023
(Sharecast News) - Asia-Pacific stock markets showed mixed results on Thursday, with notable gains in Japan and New Zealand offset by declines in China and Hong Kong. Read More
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US pre-open: Futures tick up, but investors cautious ahead of key data
Thursday 31 Aug 2023
(Sharecast News) - US stock futures were pointing to small gains on Wall Street on Thursday, with markets set to extend their daily winning streak to five - though gains were only modest on a pivotal ... Read More
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Eurozone unemployment steady at 6.4% in July
Thursday 31 Aug 2023
(Sharecast News) - The jobless rate in the Eurozone held stable at 6.4% in July, according to figures out Thursday from Eurostat. Read More
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Cryptos ease after recent rises and optimism sparked by Grayscale
Thursday 31 Aug 2023
(Sharecast News) - Cryptocurrencies are taking a breather on Thursday. Bitcoin (BTC) pulls back moderately in the last 24 hours and sits comfortably above $27,200, while Ethereum (ETH) follows in its ... Read More
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German July retail sales fall, miss forecasts
Thursday 31 Aug 2023
(Sharecast News) - German retail sales fell by 0.8% month-to-month in July, missing forecasts of a 0.3% increase, according to official data released on Thursday. Read More
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China's factory activity contracts again in August
Thursday 31 Aug 2023
(Sharecast News) - Factory activity in China contracted in August for the fifth month in a row, according to data released on Thursday by the National Bureau of Statistics. Read More
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US close: Stocks manage small gains despite GDP downgrade
Wednesday 30 Aug 2023
(Sharecast News) - Wall Street managed to close with modest gains on Wednesday, even as investors weighed the implications of less-than-stellar economic indicators. Read More
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Europe close: US GDP data hits sentiment; Orsted tanks
Wednesday 30 Aug 2023
(Sharecast News) - European shares closed lower as US GDP and German inflation numbers dented sentiment, while shares in Danish wind farm giant Orsted tanked after it warned of a massive impairment on... Read More
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US open: Stocks inch higher after poor data
Wednesday 30 Aug 2023
(Sharecast News) - It was a tentative start for stocks on Wall Street on Wednesday as investors digested yet more disappointing economic data and tried to predict what it could mean for future monetar... Read More
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US GDP growth revised down in second quarter
Wednesday 30 Aug 2023
(Sharecast News) - US economic growth was less than expected in the second quarter of 2023, official revised estimates out on Wednesday showed. Read More
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Job creation slows to pre-pandemic levels in August, ADP says
Wednesday 30 Aug 2023
(Sharecast News) - The US private sector added fewer jobs than expected in August, according to the ADP Research Institute, as recent strong growth tailed off to levels not seen since before the pande... Read More
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US pre-open: Futures slip ahead of key ADP jobs report
Wednesday 30 Aug 2023
(Sharecast News) - US stock futures edged lower in pre-market trade on Wednesday as investors chose to take profits are recent gains ahead of some key data from the labour market. Read More
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Eurozone economic sentiment drops in August
Wednesday 30 Aug 2023
(Sharecast News) - Economic sentiment in the eurozone fell a touch more than expected in August, according to a survey released on Wednesday. Read More
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Asia report: Markets mostly rise amid global tech rally
Wednesday 30 Aug 2023
(Sharecast News) - Asian stock markets were mostly positive on Wednesday, buoyed by a technology-led rally on Wall Street overnight, where shares of Nvidia spurred enthusiasm. Read More
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Bitcoin climbs with a vengeance and rises above $27,000 thanks to Grayscale and 'bad news'
Wednesday 30 Aug 2023
(Sharecast News) - Bitcoin has risen strongly (+7%) and has surpassed $27,000 ($27,645), finally moving away from the $26,000 to which it clinged to for weeks. The cryptoqueen has benefited due to sev... Read More
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US close: Stocks rise ahead of busy few days for data
Tuesday 29 Aug 2023
(Sharecast News) - Wall Street closed with some decent gains on Tuesday, with investors looking ahead to a slew of US economic data scheduled to be released later this week. Read More
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Europe close: Shares get a jolt to extend rally late in session
Tuesday 29 Aug 2023
(Sharecast News) - European shares rallied at the close as a positive start on US markets boosted sentiment late in the session on the back of a softer jobs report that raised hopes of an easing in pr... Read More
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US job openings decline in July
Tuesday 29 Aug 2023
(Sharecast News) - The number of job openings at US companies declined in July, according to data released on Tuesday. Read More
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US consumer confidence unexpectedly tanks in August
Tuesday 29 Aug 2023
(Sharecast News) - US consumer confidence unexpectedly slumped in August as rising prices and concerns about future interest-rate hikes continued to drag on sentiment. Read More
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