International News
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US close: Stocks snap winning streak as trade tensions linger
Tuesday 20 Aug 2019
(Sharecast News) - Stocks closed lower on Tuesday as market participants were focussed on the state of US-China relations and the outlook for monetary policy. Read More
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Europe close: Stocks slip after Italian government coalition collapses
Tuesday 20 Aug 2019
(Sharecast News) - Stocks on the Continent fell back as optimism over prospects for further policy easing was offset by the collapse of the governing coalition in Italy and ongoing worries around the ... Read More
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Sarepta Therapeutics hit after FDA pushes back on fast-track approval for Golodirsen
Tuesday 20 Aug 2019
(Sharecast News) - Shares of Wall Street biotechnology darling Sarepta Therapeutics came under sharp selling pressure after America's drug safety watchdog rejected the company's petition for accelerat... Read More
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FX round-up: Pound edges higher following remarks by German Chancellor
Tuesday 20 Aug 2019
(Sharecast News) - Sterling edged higher in a risk-off session on Tuesday after German Chancellor Angela Merkel appeared to open the door to a compromise solution on the Brexit backstop. Read More
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Pompeo says Hong Kong violence would make China trade deal 'more difficult'
Tuesday 20 Aug 2019
(Sharecast News) - US Secretary of State Mike Pompeo on Tuesday warned Beijing that a violent crackdown on protests in Hong Kong would make a trade deal between the US and China "more difficult". Read More
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Home Depot trims forecasts as trade war weighs on sales
Tuesday 20 Aug 2019
(Sharecast News) - US home improvement retailer Home Depot warned on Tuesday that Washington\'s trade spat with Beijing would result in subdued sales growth during its current trading year. Read More
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Italian PM Giuseppe Conte resigns amid political crisis
Tuesday 20 Aug 2019
(Sharecast News) - Italian Prime Minister Giuseppe Conte resigned on Tuesday in the latest phase of the country's political crisis following Matteo Salvini's grab for power. Read More
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US open: Stocks head south as traders await Fed minutes
Tuesday 20 Aug 2019
(Sharecast News) - Stocks headed south at the opening bell as market participants were focussed on the state of US-China relations and the outlook for monetary policy. Read More
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US pre-open: Flat open expected with trade tensions and monetary policy in focus
Tuesday 20 Aug 2019
(Sharecast News) - Wall Street futures were pointing to a flat session ahead of the bell with market participants still focussed on the state of US-China relations and the outlook for monetary policy. Read More
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Asia report: Markets mixed as PBOC takes wraps off new rates
Tuesday 20 Aug 2019
(Sharecast News) - Markets in Asia finished in a mixed state on Tuesday, as the People's Bank of China took the wraps off its new loan prime rates, calculated under a new mechanism, and investors dige... Read More
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App developers accuse Apple of anti-competitive practices
Tuesday 20 Aug 2019
(Sharecast News) - A group of app developers have written an email to Apple\'s boss Tim Cook claiming that some privacy changes to the latest Apple iOS could hurt their business labelling the move as ... Read More
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Bayer to sell animal health business to Elanco in $7.6bn deal
Tuesday 20 Aug 2019
(Sharecast News) - German pharmaceutical and life sciences group Bayer has agreed to sell its animal health business to US-based Elanco in a $7.6bn cash and stock deal. Read More
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US close: Stocks finish higher as Huawei gets 90-day reprieve
Monday 19 Aug 2019
(Sharecast News) - Wall Street finished in the green on Monday, as investors reacted to news from the weekend that the Commerce Department would grant Chinese telco giant Huawei a further 90-day repri... Read More
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Europe close: Stocks up on positive trade headlines and prospect of central bank easing
Monday 19 Aug 2019
(Sharecast News) - Stocks gained on the back of more positive news headlines around the US-China trade talks and speculation around further central bank stimulus in the pipeline. Read More
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Italian coalition set to collapse as Salvini's rivals respond to attempted power grab
Monday 19 Aug 2019
(Sharecast News) - The coalition agreement holding the Italian government together was set to collapse after League party leader and Italian Deputy Premier Matteo Salvini's partners reacted to his pus... Read More
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US open: Stocks go green as Washington grants Huawei a temporary reprieve
Monday 19 Aug 2019
(Sharecast News) - Wall Street stocks opened higher on Monday after news broke over the weekend that the Commerce Department would grant Chinese telco giant Huawei a further 90-day reprieve from a pro... Read More
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Google shuts down Android data programme over privacy fears
Monday 19 Aug 2019
(Sharecast News) - Google has shut down a service for wireless carriers globally that helps them detect weak spots in their network coverage amid concerns over Android users' data privacy, reported Re... Read More
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JP Morgan sticks to call for an August 'correction' in stocks
Monday 19 Aug 2019
(Sharecast News) - After a "tactical correction" in August, stocks should resume their uptrend although a peak for the current bull market in stocks in summer 2020 is possible, said strategists at JP ... Read More
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German economy may dip into recession in Q3, Bundesbank says
Monday 19 Aug 2019
(Sharecast News) - The Eurozone's largest economy may be set to fall into a recession, according to Germany' central bank. Read More
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US Commerce Department set to renew temporary Huawei license, Ross says
Monday 19 Aug 2019
(Sharecast News) - The US Department of Commerce will extend its temporary general licence for Chinese telecommunications equipment giant, Huawei, for another 90 days. Read More
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