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Risk of snap elections in Italy has risen substantially, Barclays says

Risk of snap elections in Italy has risen substantially, Barclays says

Tue, 30 May 2017

(ShareCast News) - Italian political uncertainty is again high on investors' list of worries amid reports that the country's leading parties will press for snap elections, which might see non-establis... [more]

Dour mood in Britain dampens EU-wide confidence in May

Dour mood in Britain dampens EU-wide confidence in May

Tue, 30 May 2017

(ShareCast News) - Weaker economic sentiment in the UK accounted for a significant part of softer confidence in the broader European Union in May. The European Commission's economic sentiment index fo... [more]

Deutsche Bank downgrades European banks, upgrades energy

Deutsche Bank downgrades European banks, upgrades energy

Tue, 30 May 2017

(ShareCast News) - Deutsche Bank downgraded its stance on European banks on Tuesday in its latest equity strategy note, as it upgraded the energy sector. Banks were cut to 'underweight' from 'benchmar... [more]

EU cannot rely on US and Britain, Merkel says

EU cannot rely on US and Britain, Merkel says

Mon, 29 May 2017

(ShareCast News) - German chancellor Angela Merkel has gone on the offensive against the US and Britain following last week's G7 talks, saying that the European Union must not rely on its longstanding... [more]

Solar energy supplying one-quarter of UK electricity demand as sun shines

Solar energy supplying one-quarter of UK electricity demand as sun shines

Fri, 26 May 2017

(ShareCast News) - Rare good weather in Britain on Friday led to solar panels supplying one-quarter of the UK demand for electricity for the first time, according to the National Grid. Solar power in ... [more]

London close: Sterling slump after surprise election poll result shoves FTSE higher

Fri, 26 May 2017

(ShareCast News) - Stocks in London got an unexpected shove higher on Friday as a new election poll revealed a narrowing Tory lead over Labour, causing sterling to sour and helping the FTSE advance. T... [more]

FX round-up: Sterling takes big slides lower on UK election uncertainty

Fri, 26 May 2017

(ShareCast News) - Sterling took big slides lower on most major crosses Friday as political uncertainty surrounding the upcoming UK general election sparked a wave of selling. At 15:43 BST, sterling w... [more]

Commodities: Crude rises, but may well face choppy trading ahead

Fri, 26 May 2017

(ShareCast News) - At face value crude oil futures appeared to be doing well on Friday afternoon, but the modest rises in both WTI and Brent are off the back of yesterday's Opec-driven plunge and may ... [more]

US consumer sentiment ticks up in May

Fri, 26 May 2017

(ShareCast News) - Consumer sentiment in the US improved a touch in May from the month before, although not as much as initially estimated, according to final figures from the University of Michigan. ... [more]

US GDP grows more quickly than expected in the first quarter

Fri, 26 May 2017

(ShareCast News) - America's economy grew more quickly than expected at the start of the year amid a large increase in investment, revised data showed. Revised data from the Department of Commerce rev... [more]

US durable goods orders fall by less than expected in April

Fri, 26 May 2017

(ShareCast News) - Durable goods orders fell by less than was expected in April but the underlying data pointed to weak investment. Durable goods orders fell by less than was expected in April but the... [more]

Jared Kushner reportedly the new focus of Russia investigation

Fri, 26 May 2017

(ShareCast News) - Donald Trump's son-in-law Jared Kushner's conversations with Russian officials during last year's presidential election campaign have allegedly become the focus of the FBI probe int... [more]

FX round-up: Sterling's flirtations with $1.30 denied by UK growth disappointment

Thu, 25 May 2017

(ShareCast News) - Sterling's flirtations with convincingly crossing the $1.30 resistance mark were dealt a blow by disappointing UK first-quarter gross domestic product (GDP) growth data out this mor... [more]

London close: FTSE mired in range trade as oil majors drop after Opec pledge

Thu, 25 May 2017

(ShareCast News) - Shares in London flickered around their starting levels for most of the day, mimicking the disappointing pattern of range-bound trade also seen among Europe's main indices. The FTSE... [more]

Commodities: Crude futures fall as Opec extends curbs by nine months

Thu, 25 May 2017

(ShareCast News) - Crude futures dived into the red Thursday as Opec extended its output cuts for a further nine months and into March 2018, sparking a quick round of profit taking and disappointing s... [more]

Trump meets with EU leaders as Russia proves stumbling block

Thu, 25 May 2017

(ShareCast News) - US President Donald Trump met with several European leaders in Brussels on Thursday as a NATO summit got underway in the Belgian capital. On the fourth part of an overseas trip for ... [more]

US retail and wholesale inventories fall in April

Thu, 25 May 2017

(ShareCast News) - Retail and wholesale inventories Stateside fell in April amid downwards revisions to estimates for the prior month. Retail inventories slipped 0.3% month-on-month to reach $613.5bn ... [more]

US trade deficit widens unexpectedly in April

Thu, 25 May 2017

(ShareCast News) - The US exported fewer goods and imported more in April. America's deficit in its trade in goods with the rest of the world widened by 3.8% to $67.6bn, according to the Census Bureau... [more]

Weekly US jobless claims hold near multi-decade lows

Thu, 25 May 2017

(ShareCast News) - One of the most closely-followed gauges of the health of the US labour market remained near multi-decade lows last week. Initial jobless claims for the week ending 20 May rose by 1,... [more]

OPEC reportedly extends output cut deal by nine months

Thu, 25 May 2017

(ShareCast News) - According to multiple reports, citing delegates at the OPEC meeting in Vienna, the cartel's members agreed to prolong into March 2018 the November deal which saw them reduce product... [more]

US crude oil inventories drop more than expected

Wed, 24 May 2017

(ShareCast News) - US crude oil stockpiles drew more quickly than expected last week with analysts pointing to near-record refinery runs as the main culprit. For the week ending on 19 May, US commerci... [more]

London close: FTSE wanders to positive close ahead of Fed minutes

Wed, 24 May 2017

(ShareCast News) - Stocks in London wandered to a positive close on Wednesday as investors embraced a raft of corporate news, and as the market looked to this evening's Federal Reserve minutes release... [more]

Commodities: Crude oil rises after EIA data, ahead of Opec meet on Thursday

Wed, 24 May 2017

(ShareCast News) - Crude-oil futures got a boost higher on Wednesday afternoon thanks to further confirmation that US inventories fell last week, in a market pensive ahead of tomorrow's Opec meeting. ... [more]

ECB's Draghi does not see financial stability risks

Wed, 24 May 2017

(ShareCast News) - Low interest rates and other policy measures are not storing up trouble for the future in the single currency bloc, rather the opposite, so no change in policy guidance is required,... [more]

US house price growth slows a tad in March, FHFA says

Wed, 24 May 2017

(ShareCast News) - House prices in the US continued to rise at a steep pace in March amid continued strong demand and low inventories which more than offset slightly higher mortgage rates. The Federal... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Sirius XM Holdings Inc 5.29 3.32 23:09
Ulta Salon, Cosmetics & Fragrance Inc. 302.40 3.19 22:53
Tesla Inc 325.14 2.62 23:08
Nvidia Corp. 141.84 2.59 23:10
O'Reilly Automotive Inc. 248.48 1.90 21:54

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Shire Plc Ads 177.18 -4.13 22:09
Incyte Corp. 134.38 -2.91 22:23
QUALCOMM Inc. 57.52 -1.59 23:08
Activision Blizzard Inc. 58.28 -1.59 23:10
Electronic Arts Inc. 112.13 -1.49 23:04