Economy

IMF cuts 2024 global growth forecast, flagging "slow and uneven" recovery
October 10, 2023 09:58 PM AEDT| By InvestingInvesting.com -- The International Monetary Fund has maintained its global growth forecast for 2023, but slashed its projection for next year, predicting a "slow and uneven" recovery for the world eco

Futures tick higher amid Fed speak, Middle East conflict - what's moving markets
October 10, 2023 08:20 PM AEDT| By InvestingInvesting.com -- U.S. stock futures inched higher, with investors closely monitoring policy commentary from Federal Reserve officials and ongoing developments in the conflict in the Middle East. Trade

Futures slip amid Middle East violence, oil surges - what's moving markets
October 09, 2023 08:10 PM AEDT| By InvestingInvesting.com -- U.S. stock futures slump after fresh violence over the weekend between Israel and Hamas. The conflict's geopolitical ramifications spark a jump in oil prices, adding to concerns over

Futures steady with key jobs report ahead - what's moving markets
October 06, 2023 08:20 PM AEDT| By InvestingInvesting.com -- U.S. stock futures hold firm as traders gear up for a crucial monthly jobs report that could add clarity to the outlook for Federal Reserve policy decisions over the rest of 2023. Els

"Never-before seen" discounts seen driving jump in holiday spending online - Adobe
October 06, 2023 01:34 AM AEDT| By InvestingInvesting.com -- U.S. online holiday sales are expected to grow by 4.8% annually this year as retailers roll out unprecedented price reductions and offer flexible payment options to entice inflation-h

U.S. futures slip, bonds in focus, jobs data ahead - what's moving markets
October 05, 2023 08:50 PM AEDT| By InvestingInvesting.com -- U.S. stock futures were broadly lower as traders awaited a batch of fresh labor market data over the final two days of the trading week. Meanwhile, attention remains focused on the bo

Futures inch lower, Treasury yields climb, McCarthy ousted - what's moving markets
October 04, 2023 08:20 PM AEDT| By InvestingInvesting.com -- U.S. stock futures edged broadly lower on Wednesday following a day of losses on Wall Street that dragged the Dow into negative territory for the year. U.S. 10-year Treasury yields, m

New Zealand's Reserve Bank Retains Official Cash Rate at 5.5%
October 04, 2023 12:22 PM AEDT| By InvestingInvesting.com - Reserve Bank of New Zealand policymakers held interest rates at 5.50% on Wednesday, as current interest rates continue to control economic activity and alleviate inflationary pressures

Futures edge up, JOLTS data ahead, FTX fraud trial begins - what's moving markets
October 03, 2023 08:12 PM AEDT| By InvestingInvesting.com -- U.S. stock futures point into the green, as traders look ahead to fresh job openings data out of the world's largest economy. Elsewhere, Sam Bankman-Fried's closely-watched fraud tria

RBA holds key interest rate at 4.1%
October 03, 2023 02:41 PM AEDT| By InvestingInvesting.com - Reserve Bank of Australia officials held interest rates at 4.1% for the fourth consecutive month on Tuesday, offering a temporary respite to mortgage holders. This decision to keep the

RBA preview: Rates expected to stay at 4.1%, Michelle Bullock takes reigns
October 03, 2023 10:26 AM AEDT| By InvestingInvesting.com - Ahead in Tuesday's session, The Reserve Bank of Australia is scheduled to pass down their monthly interest rate decision and statement, under new guidance of Michelle Bullock, with pol

RBA preview: Rates expected to stay at 4.1%, Michele Bullock takes reigns
October 03, 2023 10:26 AM AEDT| By InvestingInvesting.com - Ahead in Tuesday's session, The Reserve Bank of Australia is scheduled to pass down their monthly interest rate decision and statement, under new guidance of Michele Bullock, with poli

U.S. futures rise after government shutdown averted - what's moving markets
October 02, 2023 08:06 PM AEDT| By InvestingInvesting.com -- Futures point higher on Monday after last-minute negotiations between lawmakers on Capitol Hill over the weekend led to a surprise short-term funding deal that averted a U.S. governme

UAW strikes could expand on Friday as negotiations deadline approaches
September 29, 2023 11:42 PM AEST| By InvestingInvesting.com -- The United Auto Workers union may reportedly expand its ongoing strikes at plants owned by three big U.S. automakers on Friday if labor talks with these firms fail to show significant

Futures rise, PCE ahead, budget fight latest - what's moving markets
September 29, 2023 07:28 PM AEST| By InvestingInvesting.com -- U.S. stock markets remain on course for a September slump heading into the final trading day of the month, despite a positive session on Wall Street on Thursday. As the latest quarter

U.S. futures inch lower, Micron forecasts wider loss - what's moving markets
September 28, 2023 07:34 PM AEST| By InvestingInvesting.com -- U.S. stock futures hint at a lower open, as the main indices on Wall Street are on track to post their worst month of 2023. Meanwhile, Micron Technology (NASDAQ:MU) shares fall steepl

Futures higher, Senate unveils funding deal - what's moving markets
September 27, 2023 07:30 PM AEST| By InvestingInvesting.com -- Stock futures point higher, suggesting a rebound for Wall Street's main indices following a day of declines on Tuesday. Elsewhere, the U.S. Senate makes headway on a bipartisan measur

Dimon: "Not sure if world is prepared" for 7% Fed rate - Times of India
September 26, 2023 11:52 PM AEST| By InvestingInvesting.com -- The world may not be prepared for the U.S. Federal Reserve to raise interest rates to 7%, JPMorgan Chase (NYSE:JPM) Chief Executive Officer Jamie Dimon has warned.

U.S. futures dip, Moody's flags government shutdown impact - what's moving markets
September 26, 2023 07:16 PM AEST| By InvestingInvesting.com -- Stock futures inch down, hinting a possible reversal from a positive session on Monday, as Wall Street's main indices are on pace to post losses in September. Meanwhile, investors gau

BOJ keeps negative rates, yield curve control on track
September 22, 2023 01:14 PM AEST| By InvestingInvesting.com-- The Bank of Japan held interest rates at negative levels as widely expected on Friday, and said that it will continue with its current pace of asset purchases and yield curve control t

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