Economy

Futures lower, Powell testimony, NYCB's cash infusion - what's moving markets

Investing.com -- U.S. stock futures point to a negative start on Wall Street, as markets prepared for more testimony from Federal Reserve Chair Jerome Powell. Retailers Costco (NASDAQ:COST) and Kroger

Futures tick lower, Tesla shares slump, Bitcoin rises - what's moving markets

Investing.com -- U.S. stock futures point lower, with labor market data and comments from the top Federal Reserve policymaker looming later in the week. Tesla (NASDAQ:TSLA) shares slump in after hours

China needs to unlock more stimulus to meet 5% GDP target- ANZ

Investing.com-- The Chinese government will likely need to unlock more stimulus to meet its 5% GDP target for 2024, analysts at ANZ said in a note on Tuesday.

Sooner rate cuts may fuel economic wave, undo inflation progress: Fed's Bostic

Investing.com -- Atlanta Fed President Raphael Bostic said Monday that more progress would be needed to back interest rate cuts flagging the risk that expectations for sooner rate cuts could spark a w

Futures muted, NFPs ahead this week, Macy's takeover bid - what's moving markets

Investing.com -- Stock futures on Wall Street are mixed heading into a new trading week. Federal Reserve monetary policy will likely be a major focus for markets, particularly when the closely-watched

Powell to lean hawkish during Senate testimony this week- ANZ

Investing.com-- Federal Reserve Chair Jerome Powell is likely to reiterate his hawkish stance on interest rates and inflation when testifying before Congress this week, analysts at ANZ Group said in a

Futures mostly higher, OpenAI's reported board plans - what's moving markets

Investing.com -- U.S. stock futures mostly hover above the flatline heading into the final trading day of the week, as investors digested fresh inflation data and eyed the path ahead for Federal Reser

Fed's favorite inflation gauge, European CPIs, OpenAI - what's moving markets

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

Investing.com -- U.S. stock futures tick down on Wednesday ahead of crucial economic data releases this week. Salesforce (NYSE:CRM) is expected to post record quarterly revenue, while analysts are eag

RBNZ keeps interest rates steady at 5.5%, strikes less hawkish chord

Investing.com-- The Reserve Bank of New Zealand kept interest rates unchanged as widely expected on Wednesday, and said that it will continue to keep monetary conditions tight in the near-term to furt

Long GBP/AUD: potential long opportunity as the price approaches a major support

Is a policy mistake buried in the Fed’s plan to cut rates?

By Yasin Ebrahim

Payrolls, mega-cap tech earnings, Nvidia - what's moving markets

Powell's rate comments, tech giants to report - what's moving markets

Investing.com -- Federal Reserve Chair Jerome Powell tempers expectations that the central bank will soon begin to slash interest rates, as he seeks further evidence that inflation in the U.S. is cont

Fed expected to kick-off easing cycle with 25 bps cut in May- CME Fedwatch

Investing.com-- The Federal Reserve is now expected to begin cutting interest rates in May 2024, according to the CME Fedwatch tool, after Chair Jerome Powell shot down bets on a March rate cut on Wed

Fed leaves rates unchanged, but signals no rush to cut amid 'elevated' inflation

Investing.com -- The Federal Reserve left interest rates unchanged Wednesday, though signaled no rush to cut rates as more confidence was needed that "elevated" inflation continues to slow toward targ

Fed decision ahead; Microsoft, Alphabet's AI costs - what's moving markets

Investing.com -- U.S. stock futures are mixed as investors await a major Federal Reserve interest rate decision and potential commentary on future borrowing costs from the central bank. Microsoft (NAS

U.S. futures subdued; Microsoft, Alphabet to report - what's moving markets

Investing.com -- U.S. futures hovered broadly around the flatline on Tuesday, with traders gearing up for a flurry of earnings, data, and central bank decisions this week. Artificial intelligence is s

Australian retailers face spending slump in December following Black Friday spree

Investing.com - In December, shoppers grappling with the cost of living pressures largely avoided Christmas and Boxing Day sales, indicating an economy that's slowing down due to high-interest rates.

Earnings, Fed this week; Evergrande ordered to liquidate - what's moving markets

Investing.com -- U.S. stock futures were subdued on Monday, with markets preparing for a busy week of major earnings and central bank policy announcements. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) an