Economy

U.S. added more jobs than anticipated in May

ECB authorises a "cautious cut" - Evercore ISI

Nonfarm payrolls, Nvidia, GameStop - what's moving markets

RBI keeps interest rates steady, hikes GDP outlook

Investing.com-- The Reserve Bank of India kept interest rates unchanged as expected on Friday, but slightly hiked its annual growth forecast for the Indian economy amid persistent strength in consumpt

Yield curve now flagging recession for longest time on record, but growth persists

Investing.com -- The inversion in a key part of the U.S. Treasury yield curve, a well known recession indicator, is now the longest on record, exceeding the prior streak seen more than 40-years ago, b

Weekly initial jobless claims rise to 229,000

Futures muted, Nvidia's market cap jumps above $3 trillion - what's moving markets

Investing.com -- U.S. futures were muted following a rally in both the S&P 500 and Nasdaq Composite on Wednesday. Nvidia's (NASDAQ:NVDA) market capitalization soars above $3 trillion, making the artif

Navigating India's Electoral Ripples: Insights and Portfolio Strategies by Jefferi

This article first appeared in Investing.com

ECB: All set for the first cut, but then what? Analysts' forecasts

Investing.com – Despite a slight rise in inflation in May, there should be no surprises at the ECB meeting on June 6: everything is set in Frankfurt for the first rate cut since September 2019. But

Bank of Japan to reduce bond buybacks in June meeting- UBS

Investing.com-- The Bank of Japan is widely expected to keep interest rates unchanged when it meets later in June, but is likely to scale back its bond purchases to somewhat tighten monetary policy, U

BCA Research confident about its call for two Fed cuts this year

BCA Research remains confident in its prediction of two Federal Reserve rate cuts before the end of 2024, despite core PCE inflation staying slightly above expectations.

ECB rates: Here’s how much Frankfurt will cut according to Schroders

Investing.com – "Regarding the European Central Bank, our estimates predict that the first cut will occur during the June meeting, followed by three more cuts of 25 basis points each by the end of t

Futures lower, JOLTS ahead, GameStop surges - what's moving markets

Investing.com -- U.S. stock futures slip following a volatile session on Monday. Traders are looking ahead to the release of key job openings data, which could provide a fresh glimpse into the state o

Standard Chartered: July rate cut 'more likely than priced'

Standard Chartered (OTC:SCBFF) strategists believe the potential July interest rate cut is “more likely than priced,” saying that current futures market predictions are underestimating the likelih

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