Economy

Powell revives hike fears, says Fed not confident rates sufficiently restrictive
November 10, 2023 07:02 AM AEDT| By InvestingInvesting.com -- Federal Reserve Chairman Jerome Powell said Thursday the Fed wasn't confident yet they had reached a sufficiently restrictive level on monetary policy to bring inflation down to targe

Powell to speak, SoftBank's loss, Disney's earnings beat - what's moving markets
November 09, 2023 09:22 PM AEDT| By InvestingInvesting.com -- U.S. stock futures are mixed on Thursday following a relatively muted session on Wall Street, with traders looking ahead to comments from Federal Reserve Chair Jerome Powell later in

Fed speak ahead, Disney to report - what's moving markets
November 08, 2023 09:44 PM AEDT| By InvestingInvesting.com -- U.S. futures hovered around the flatline on Wednesday, with comments from Federal Reserve officials tempering some investor optimism that has supported a prolonged rally on Wall Stree

Fed members push back against bets that hiking cycle is done; Powell eyed
November 08, 2023 10:24 AM AEDT| By InvestingInvesting.com -- Federal Reserve members on Tuesday downplayed expectations that era of rate hikes has ended, setting the stage for Fed chairman Jerome Powell to potentially deliver a hawkish push bac

Futures point lower, WeWork files for bankruptcy - what's moving markets
November 07, 2023 09:24 PM AEDT| By InvestingInvesting.com -- U.S. futures drop as traders attempt to gauge the staying power of a recent rally on Wall Street. WeWork files for bankruptcy following a post-COVID downturn in demand for office spac

RBA hikes interest rates by 25 bps, sees sticky inflation
November 07, 2023 02:52 PM AEDT| By InvestingInvesting.com-- The Reserve Bank of Australia hiked interest rates as expected on Tuesday, citing a slower-than-expected decline in inflation while also hiking its outlook for consumer inflation over

RBA hikes cash rate to 4.35% amid unyielding inflation
November 07, 2023 02:37 PM AEDT| By InvestingInvesting.com - In today's meeting, Reserve Bank of Australia policymakers raised the cash rate target by 25 basis points, bringing it to 4.35%. Simultaneously, the interest rate applied to Exchange S

Futures edge up, earnings this week - what's moving markets
November 06, 2023 09:20 PM AEDT| By InvestingInvesting.com -- Stock futures on Wall Street inch higher to begin the trading week, with investors digesting the implications of recent economic data on future Federal Reserve policy decisions and lo

RBA Preview: 25bps hike on tap as inflation picks up
November 06, 2023 01:36 PM AEDT| By InvestingInvesting.com-- The Reserve Bank of Australia is widely expected to raise interest rates when it meets on Tuesday, following signs of a resurgence in inflation and some hawkish comments from central b

Payrolls report ahead, Apple earnings - what's moving markets
November 03, 2023 09:22 PM AEDT| By InvestingInvesting.com -- U.S. futures were mixed on Friday prior to a much-anticipated payrolls report, while traders pour through financial results from tech giant Apple (NASDAQ:AAPL). Elsewhere, FTX founder

Futures higher after Fed decision, Apple earnings ahead - what's moving markets
November 02, 2023 09:20 PM AEDT| By InvestingInvesting.com -- U.S. futures point into the green, as markets examined statements from Federal Reserve Chair Jerome Powell following the central bank's decision to keep interest rates steady for a se

Fed keeps rates steady as cautious approach to policy continues
November 02, 2023 06:18 AM AEDT| By InvestingThis article first appeared in Investing.com

Fed decision looms, futures slip, AMD reports - what's moving markets
November 01, 2023 09:38 PM AEDT| By InvestingInvesting.com -- Attention is fixed on the Federal Reserve's interest rate announcement on Wednesday, with investors expecting the central bank to keep borrowing costs steady. Comments from Fed Chair

Fed meeting in focus, Chinese factory data disappoints -- what's moving markets
October 31, 2023 09:26 PM AEDT| By InvestingInvesting.com -- U.S. stock futures were mixed on Tuesday, with the Federal Reserve's all-important policy decision later in the week front and center. Elsewhere, economic bellwether Caterpillar (NYSE

BOJ keeps negative rates, tweaks YCC language amid higher inflation
October 31, 2023 03:10 PM AEDT| By InvestingInvesting.com-- The Bank of Japan held interest rates at ultra-low levels on Tuesday and slightly altered the rhetoric around its yield curve control (YCC) policy, while also forecasting higher inflat

Futures higher, HSBC share buybacks, Evergrande reprieve - what's moving markets
October 30, 2023 09:16 PM AEDT| By InvestingInvesting.com -- U.S. stock futures point higher, with investors preparing for a busy week of central bank decisions, economic data, and company earnings. Meanwhile, HSBC rolls out fresh share buyback

BOJ preview: YCC tweak on the cards amid sticky inflation, high yields
October 30, 2023 05:04 PM AEDT| By InvestingInvesting.com-- Analysts expect the Bank of Japan to potentially further tweak its yield curve control (YCC) policy when it meets on Tuesday after recent data showed an uptick in Japanese inflation, w

Australian retail sales exceed expectations with notable uptick
October 30, 2023 11:39 AM AEDT| By InvestingInvesting.com - In a pleasant surprise for the Australian economy, retail sales for September surpassed expectations with a seasonally adjusted increase of 0.9% month-on-month and a 2.0% rise compared

Amazon, PCE data, Bank of Japan - what's moving markets
October 27, 2023 07:52 PM AEDT| By Investing
Amazon, U.S. GDP, ECB rate decision - what's moving markets
October 26, 2023 07:52 PM AEDT| By Investing
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