Economy & Finance
The economy in motion: inflation, interest rates and central banks, markets and currencies, trade and tariffs, public budgets, jobs and wages.
Tech selloff weighs on Asian markets as inflation, geopolitical risks loom
Asian and European markets showed mixed performance Tuesday as technology stocks fell globally, with Japan's SoftBank dropping over 7% after reporting a $23 bi…
HighGold slides to two-week low as Treasury yields and dollar strength intensify pressure
Gold dropped 2.4% to a two-week low as rising U.S. Treasury yields and a stronger dollar reduced demand for the non-yielding asset, with technical selling acce…
HighWarsh takes Fed helm amid inflation surge and Trump pressure
Kevin Warsh assumes Federal Reserve leadership as inflation persists and consumer spending weakens, complicating Trump's push for interest rate cuts amid energ…
HighSensex slips 500pts as metal stocks tank; Budget anticipation weighs on markets
Indian equity indices opened lower on Friday with Sensex down 500+ points and Nifty near 25,250, driven by weak global cues and investor caution ahead of the F…
HighIran fires missiles after naming Khamenei's son as supreme leader; oil surges past $100
Iran fired missiles at Israel following the appointment of Mojtaba Khamenei as supreme leader, triggering oil prices above $100/barrel and sharp stock market d…
HighUS-Iran peace talks boost Wall Street; tech stocks surge on optimism
Trump's announcement that US-Iran negotiations are in final stages sparked a market rally, with major indices gaining over 1% and oil prices falling as investo…
HighFed Holds Rates Steady as Inflation Stays Stubborn; Markets Eye a December Hike
The Federal Reserve left its benchmark interest rate unchanged, but investors widely expect a rate increase at the December meeting to counter persistent infla…
MediumBrent Holds Near $63 as Traders Weigh Russia-Ukraine Peace Talks and Sunday's OPEC+ Meeting
Brent and WTI crude prices held near flat as traders weighed Russia-Ukraine peace progress and an upcoming OPEC+ meeting, with both contracts on course for a f…
HighBank of Japan raises rates to 31-year high amid Middle East inflation
Japan's central bank raised its benchmark interest rate to 1% on Tuesday, the highest since 1995, as it combats inflation from Middle East conflict despite a r…
HighFTSE 100 Edges Higher but Heads for Weekly Loss as China Slowdown and Rate-Hike Fears Weigh
London's FTSE 100 gained on oil and defensive stocks but was set for a weekly loss over China's slowdown and aggressive interest rate hike fears. Burberry and…
MediumInfosys Shares Slide 9% as Q4 Margin Miss Splits Analysts Between Cuts and Buy Calls
Infosys shares fell over 9% on Monday after weaker-than-expected March-quarter earnings and margin declines prompted analysts to cut estimates. Brokerages rema…
MediumAnalysts Set Liberty Global Price Target at $14.26 Amid Mixed Outlook
Eight research firms covering Liberty Global (LBTYA) set an average 12-month price target of $14.26, with a consensus 'Hold' rating despite mixed analyst views…
HighBond Market Signals Inflation Risk as Iran Tensions Push Oil and Yields Higher
Rising Treasury yields and $100 oil prices reflect market concerns about inflation stemming from geopolitical tensions in Iran, signaling potential economic he…
HighUS and Japan jointly intervene to support yen in first coordinated action since 2011
Japan and the US confirmed their first joint currency intervention since 2011, spending roughly $64-69bn to halt the yen's slide to 40-year lows, signaling rea…
HighAsian markets follow Wall Street lower as tech stocks slide, bitcoin plunges
Asian stock markets fell Wednesday tracking Wall Street's tech-led decline, while bitcoin plunged over 9% following China Banking Association warnings about di…
HighTech Rally Falters as Stocks Retreat, Dollar Strengthens
Global stock markets declined as semiconductor and technology shares lost steam, raising questions about the sustainability of the AI-driven rally. The dollar…
HighCurrencies Hold Narrow Ranges as Oil Eases and Five Central Banks Prepare to Decide
Major currencies traded in tight ranges as a week of central bank decisions opened, with oil prices easing from a six-month high and Treasury yields weighing o…
HighU.S.-Japan Yen Intervention Signals Shift in Economic Partnership
The U.S. coordinated with Japan to support the weakening yen, marking their first joint intervention since 1998. Analysts suggest Washington acted to protect U…
HighSK Hynix US Listing Triggers South Korea Currency Flow Preparations
SK Hynix has approved a $29.4 billion share issue and plans a Nasdaq ADR listing, prompting South Korea to prepare for significant currency inflows from the me…
HighEuropean Shares Stall as Oil Gains Offset Bond Market Relief
European shares were flat as rising oil prices and inflation worries offset a global bond recovery after US Treasury intervention. German bond yields hit 15-ye…
MediumS&P 500 hits record high as tech earnings drive Wall Street gains
Wall Street closed higher on April 29, 2021, with the S&P 500 reaching a new record at 4,211.47 points, driven by strong earnings from major tech companies inc…
HighRivian's $100B IPO debut signals EV investor frenzy amid market headwinds
Rivian Automotive surged 53% in its Nasdaq debut, achieving a $100B+ valuation and briefly becoming the second-most valuable US automaker despite minimal reven…
HighASX hits record high as tariff fears ease; banks, health stocks lead gains
ASX sets second record this week as Trump tariff concerns subside; banks and health stocks lead gains while Star Entertainment plummets on losses.
HighFed Leadership Transition Looms as Market Faces May 15 Policy Crossroads
The stock market faces potential volatility around May 15 as the Federal Reserve undergoes leadership changes, with Kevin Warsh emerging as a key figure in dis…
MediumChalmers Faces a World of Hard Choices, Where Fixing One Economic Problem Worsens Another
Treasurer Jim Chalmers faces stagflation-like pressures as forecasts are downgraded, oil prices surge amid Middle East conflict, and AI investment wobbles thre…
MediumInflação abaixo do esperado impulsiona Wall Street; IBM cai mais de 25%
Wall Street fecha em alta após dados de inflação abaixo do esperado nos EUA, abrindo espaço para a Fed ser mais branda na política monetária. Recuo de Trump so…
HighWall Street abre no verde com otimismo sobre acordo EUA-China
Wall Street abriu em alta segunda-feira com S&P 500, Dow Jones e Nasdaq em ganhos, impulsionados por sinais de entendimento entre EUA e China em negociações co…
HighWall Street tumbles on economic slowdown fears and stimulus stalemate
Major U.S. stock indices fell sharply as cooling business activity data and congressional gridlock on fiscal stimulus intensified recession fears while COVID-1…
HighIndia's Budget Eyes AI and Tech Investment to Propel $3.7 Trillion Economy Toward Self-Reliance
Experts expect India's upcoming budget to back AI, semiconductors and deeptech via R&D incentives, tax relief and public-private partnerships, despite the Indi…
MediumFed Raises Rates for First Time in 3+ Years to Combat Resurgent Inflation
The Federal Reserve raised benchmark interest rates by 0.25% to 3.75-4%, the first hike in over three years, citing persistent inflation driven by Middle East…
HighGold Gains as Treasury Yields Decline; Fed Minutes Await
Gold prices strengthened as Treasury yields eased, with investors awaiting Federal Reserve meeting minutes for clues on monetary policy direction and interest…
HighPost Office MIS: Rs 9,250 monthly income on Rs 15 lakh investment
A Rs 15 lakh joint investment in India's Post Office Monthly Income Scheme yields Rs 9,250 monthly at 7.4% annual interest over 5 years, totaling Rs 5.55 lakh…
HighMarket Set for Positive Open as Earnings Season Heats Up Across Blue Chips
Multiple Indian blue-chip companies report Q2 earnings on November 2, with mixed results ranging from Hero Moto's 47.6% profit surge to Tata Steel's Rs 6,196 c…
HighAsian shares rally, US futures advance as markets digest Fed rate-cut signals
Asian shares mostly gained Monday as U.S. futures advanced following Wall Street's positive finish after volatile trading last week. Markets are now focused on…
HighMalaysia stocks surge as Trump cancels Iran strike, oil prices plunge
Global stock markets surge after Trump cancels Iran strike and signals peace deal, sending oil below $90/barrel. Malaysia's FBM KLCI gains 5.34 points as inves…
HighMarkets Rise on Trump-Xi Summit Optimism as AI Rally Continues
U.S. stock futures edge higher as markets await outcomes from Trump-Xi summit, with AI rally continuing to drive momentum across global exchanges.
HighPiazza Affari in rialzo con speranze di pace e tagli ai tassi Fed
Piazza Affari e le borse europee salgono spinte dalle speranze di pace in Ucraina e dalle aspettative di tagli ai tassi della Fed. L'indice Ftse Mib segna +0,4…
HighBudget's financing strategy pushing bond yields higher, warns Axis Bank economist
Axis Bank's chief economist warns that India's Union Budget, despite fiscal discipline, is unintentionally pushing bond yields up due to conservative revenue a…
HighWarsh's Fed Vision Clashes With Bessent Over Treasury Market Control
Kevin Warsh's influence over Treasury markets is creating tension with Treasury Secretary Scott Bessent over who should control monetary policy and bond pricin…
MediumMarket Volatility Creates Stock Valuation Opportunities, Analysts Say
Investment analysts identify undervalued stocks with strong forward earnings growth amid market volatility, positioning them as potential buying opportunities…
MediumASX set for modest gains as markets digest US trade deficit and tariff uncertainty
Australian shares gain modestly as markets digest US record trade deficit and uncertainty over Trump tariff policy. Global equities recover with mixed sentimen…
HighSpaceX Files for US Stock Market Debut with $1.75T Valuation Target
SpaceX has filed SEC documents for a Nasdaq IPO under ticker 'SPCX', projecting a $1.75 trillion valuation despite Q1 operating losses. The dual-class share st…
HighNifty 50 faces further downside risk below 25,150 as analysts eye 8 stock picks
Indian stock indices fell on Monday due to IT sector concerns over Trump's H-1B visa fee hikes and Reliance Industries weakness. Analysts predict consolidation…
HighSBI Mutual Fund IPO gets SEBI nod; unlisted shares surge 15% ahead of July listing
SEBI has approved SBI Mutual Fund's IPO, India's largest AMC with Rs 12.50 lakh crore AUM. The approval has triggered a 15% rally in unlisted shares, with list…
HighMixed Q4 earnings drive market focus on Physicswallah, Swiggy, Lupin ahead of May 29 trade
Multiple Indian companies report Q4 earnings with mixed results; Physicswallah narrows losses while Bata India's profit tumbles 95%. Key corporate actions incl…
HighWall Street cierra mixto; Dow Jones alcanza récord tras recorte de tasas de la Fed
Wall Street cerró en terreno mixto con el Dow Jones alcanzando un nuevo récord intradía tras el recorte de tasas de la Fed, aunque analistas advierten sobre pe…
HighFed's Kashkari: Inflation remains elevated across all economic sectors
Federal Reserve official Neel Kashkari stated in a Fox News interview that inflation persists at elevated levels across all sectors of the US economy.
HighCCC Intelligent Solutions Beats Q4 Expectations, Maintains Buy Rating on Growth Runway
CCC Intelligent Solutions exceeded Q4 2023 earnings expectations with 25% EBITDA growth and 34% net profit growth YoY, positioning itself for sustained long-te…
HighHong Kong's Dollar Peg: System, History and Mounting Pressure
Hong Kong maintains a pegged exchange rate to the US dollar through a Linked Exchange Rate System established in 1983, with the HKMA managing currency stabilit…
HighChina's Stock-Buying Loan Applications Top 200 Billion Yuan as PBOC Cuts Re-Lending Rate
China's central bank says bank applications for its stock-purchase loan scheme exceeded 200 billion yuan ($30 billion), and it cut the re-lending rate for shar…
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