Economy

Futures higher, Nvidia's next-generation AI chip - what's moving markets

Investing.com -- U.S. stock futures tick higher to begin a fresh trading week, with investors looking ahead to a key employment report later in the week that could influence on how Federal Reserve pol

Minimum wage rises, 2.6 million Australians affected

Investing.com - Approximately 2.6 million Australians are set to receive a wage increase next month, following the Fair Work Commission's (FWC) decision to raise the minimum wage.

Bank of Canada looks set to cut rates next week on signs inflation tide turning

Investing.com -- Bets on the Bank of Canada pivoting to rate cuts next week received a major boost as data showing a significant dent to the economy and inflation suggests that higher rates are no lon

As bets on sooner Fed rate cuts dwindle, one analyst sticks with call for July cut

Investing.com -- Many on Wall Street have given up hope for sooner rate cuts, but one analysts is bucking the trend and continues to bet on a rate cut as soon as July.

PCE inflation maintained 2.7% annual growth in April - BEA

In-line April inflation data won't be enough to start rate-cut clock: Macquarie

Investing.com -- Upcoming data on the Fed's preferred inflation gauge for April due Friday is set to grab all the headlines, and drive fresh speculation on the future path for interest rates but it wi

UK general election draws near. Here are the need-to-knows

Strategas still sees a 30% chance of a U.S. recession in 2024

Despite recent economic turbulence, Strategas analysts maintain a cautious outlook for the U.S. economy, predicting a 30% chance of a recession in 2024.

Futures dip, Salesforce forecast falls short of estimates - what's moving markets

Investing.com -- U.S. futures inch lower on Thursday following a drop in equities in the previous session, with concerns rising over weak Treasury sales and the outlook for possible Federal Reserve in

Economic outlook more pessimistic as consumers feel inflation pinch: Fed

Investing.com -- The economic outlook grew "somewhat more pessimistic" continued to expand in recent weeks, but consumers are starting to feel the inflation pinch as wage growth continues to normalize

Futures lower, Salesforce to report - what's moving markets

Investing.com -- U.S. futures point lower following a mixed session on Wall Street on Tuesday, with traders keeping a close eye on upcoming inflation data later this week. Salesforce (NYSE:CRM)'s Data

Rate hikes aren't completely ruled out, says Fed's Kashkari

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, said Tuesday that the US central bank's policy stance remains restrictive, however, he added that policymakers have not completely

Fed’s Kashkari wants ‘many more months’ of positive inflation data before rate cut

The Federal Reserve should wait for more substantial progress on inflation before considering interest rate cuts, Minneapolis Federal Reserve President Neel Kashkari told CNBC on Tuesday.

U.S. futures tick higher, consumer confidence survey ahead - what's moving markets

Investing.com -- U.S. stock futures point higher as traders return to their desks after a public holiday on Monday. The release of the Federal Reserve's preferred inflation measure later in the week i

PCE data ahead this week, ECB's rate path in focus - what's moving markets

Investing.com -- Investors are looking ahead to fresh U.S. inflation data later in the holiday-shortened week, with stock markets on Wall Street closed for Memorial Day on Monday. The European Central

ING: German economy overcomes stagnation with GDP growth

Investing.com - The German economy is showing signs of a gradual turnaround. GDP growth in the first quarter indicates a shift in the economic cycle, but analysts like Carsten Brzeski, Global Head of

Starwood REIT limits withdrawals to preserve liquidity

Decoding India's 2024 Elections: Market Dynamics and Potential Outcomes

This article first appeared in Investing.com

Ignore hawkish FOMC minutes, Fed will cut rates in 2024: UBS

Despite the hawkish tone in the latest Federal Open Market Committee (FOMC) minutes, UBS analysts remain confident that the Federal Reserve will cut rates in 2024.

U.S. futures muted, Intuit's free TurboTax users slip - what's moving markets

Investing.com -- U.S. stock futures hover around the flatline heading into the final trading day of the week following a dip in the major averages on Thursday. Intuit (NASDAQ:INTU) shares slip in exte