The number of Americans applying for first-time unemployment benefits decreased by more than anticipated last week, yet remained largely within a consistent range, indicating that the labour market continues to exhibit stability despite unexpected job losses in July. Initial jobless claims in the United States decreased to 206,000 for the week ending August 15, down Read More
Dow Futures show a slight increase as investors assess the implications of a diminishing recovery in the bond market. Markets will have the opportunity to analyse a new set of U.S. business activity data, as discount retailer Ross Stores increases its annual profit forecast and the U.S. announces it will implement the “toughest sanctions in Read More
Dow Futures indicate a modest uptick following the U.S. Treasury’s intervention to stabilise debt markets, which provided support to equities in the previous session. Minutes from the Federal Reserve’s July meeting indicate that a significant number of officials supported an increase in interest rates. Walmart is poised to be the latest retail entity to disclose Read More
Dow Futures remain near the flatline, reflecting a chip-driven decline in equities from the prior session. Investors are anticipating the forthcoming release of the minutes from the Federal Reserve’s July policy meeting, keen to glean insights into the trajectory of the central bank’s interest rate decisions. Target is set to be one of the recent Read More
Dow Futures decline as investors monitor a resurgence in oil prices and express concerns regarding a potential extended closure of the Strait of Hormuz. Gold also edges back down below 4,400 an ounce. Meanwhile, Canada prepares for the potential implementation of new U.S. tariffs, while traders anticipate earnings reports from Home Depot. Dow futures indicated Read More
Dow Futures fluctuate around the neutral point, as the anticipation for a Federal Reserve interest rate hike at its September meeting diminishes following a series of recent data releases. In the upcoming days, market participants will focus on earnings reports from the retail sector, notably those from Walmart, Home Depot, and Lowe’s. Elsewhere, the valuation Read More
A batch of inflation data this week did not provide justification for the Federal Reserve to adopt a more hawkish position on interest rates at its September meeting, analysts suggest. In a note to clients, the analysts highlighted that underlying U.S. consumer price growth is trending down and oil prices are likely to moderate from Read More
Dow Futures remain largely stable, fluctuating around the neutral point. Artificial intelligence chip gear supplier Applied Materials provides robust fourth-quarter revenue guidance; however, the stock faces heightened expectations from Wall Street. Meanwhile, shares of Semiconductor Manufacturing International Corp experienced a notable increase following the Chinese chip foundry’s announcement of a significant rise in second-quarter revenue Read More
Dow Futures show a slight increase, as market participants anticipate a fresh set of crucial inflation metrics and upcoming corporate earnings reports. Cisco Systems shares experienced a decline in after-hours trading, as the networking equipment provider’s robust earnings driven by artificial intelligence faced high expectations. Meanwhile, AI chip gear supplier Applied Materials is set to Read More
Dow Futures indicate an upward trend in anticipation of significant inflation data for July. Analysts suggest that the figures may provide a framework for understanding the narrative surrounding central bank interest rate decisions in the upcoming months. Shares of the cloud-computing firm CoreWeave has experienced a spike in revenue, driven by the burgeoning demand for Read More
