Economy

New Middle East crisis could trigger a big spike in volatility warns BCA Research

Market volatility is expected to spike again as investors begin to take into account the prospect of rising oil prices amid the latest Middle East crisis and slowing global economic growth, strategist

Intel stock crashes 22% as Q2 misses estimates on margin issues, poor guidance

Investing.com -- Intel stock fell significantly after the chipmaker on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of es

Payrolls, slumping stocks, Apple, Amazon - what's moving markets

RBA no longer expected to hike rates in 2024, but cuts also unlikely- Rabobank

Investing.com-- The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank analysts said, although chan

Intel suspends dividend as Q2 results miss estimates on margin woes; shares slump

Investing.com -- Intel on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of estimates amid margin pressures as the chipmake

Fed to cut in September, December, Macquarie says, amid fresh recession jitters

Investing.com -- The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remains on track for a soft landi

AUD/USD forecast: signal ahead of NFP data, RBA decision

The Australian dollar to USD (AUD/USD) exchange rate continued its sell-off on Thursday as focus shifted to Friday’s US non-farm payroll (NFP) data and Tuesday’s Reserve Bank of Australia (RBA) interest rate decision. It crashed to a low of 0.6520, i...

Goldman Sachs sees below-consensus July jobs report

Following a largely anticipated statement from the Federal Open Market Committee (FOMC) on Wednesday, the market focus has now shifted to the upcoming employment report due on Friday. Economists and a

Bank of England cuts base rate by 25 bps to 5.0%

Fed guidance, BOE, Meta's results, Apple - what's moving markets

Low bar for September Fed rate cut, jobs data now key

The Federal Open Market Committee (FOMC) delivered a largely expected message during its July meeting. While he did not give specific guidance, Chairman Jerome Powel signaled that the committee is mov

Fed Chair Powell's speech 'firmly risk positive': Evercore

Federal Reserve Chairman Jerome Powell indicated a potential interest rate cut in the upcoming September meeting, a move that has been widely expected.

Fed keeps rates steady, but acknowledges inflation progress

Investing.com -- The Federal Reserve left interest rates unchanged Wednesday, but acknowledged recent progress on inflation and cooling in the labor market, stoking investor hopes that the central ban

Fed decision, BOJ, Microsoft, Meta Platforms - what's moving markets

BOJ hikes interest rates by 15 bps; to halve bond purchases by 2026

Investing.com-- The Bank of Japan raised interest rates by 15 basis points on Wednesday and said it will gradually halve its pace of monthly bond purchases by 2026 as it winds down its ultra-dovish po

The JOLTS data point to a labor market that has normalized: economists

The latest Job Openings and Labor Turnover Survey (JOLTS) indicated a slight easing in the labor market, with job openings in June registering at 8.18 million, a modest decline from the revised May fi

Piper Sandler says investors should take Trump seriously on trade

Investing.com -- Piper Sandler, in a note dated Tuesday, has reviewed its election portfolios in light of the possibility of Kamala Harris being at the top of the Democratic ticket, concluding that th

FOMC meeting: Citi says 'risks skew dovish'

As the Federal Open Market Committee (FOMC) kicks off its two-day meeting, analysts at Citi said in a note Tuesday that the risks are skewed towards a dovish outcome.

Fed meeting, Microsoft earns, BP dividend - what's moving markets

BOJ preview: rate hike uncertain, but QE exit in sight

Investing.com-- The Bank of Japan is set to conclude a two-day meeting on Wednesday, with analysts split over whether the central bank will hike interest rates, especially amid recent volatility in th