Market

Despite fears of a pandemic recession and the Federal Reserve's interest rate hikes, the US job market has achieved stable full employment. With a low unemployment rate, balanced wage and job growth, and strong consumer spending, the outlook remains positive, though improvement could be limited.

Published on: February 07, 2025, 12:01 PM UTC

Global central banks see room for further interest rate cuts, as limited decoupling from the Federal Reserve's pause allows for independent policy easing to bolster struggling economies.

Published on: February 07, 2025, 12:00 PM UTC

Stocks, bonds, and the dollar fluctuated ahead of the US jobs report, which could influence interest rate decisions. S&P 500 futures held steady, while Treasury yields remained at 4.43%. European stocks extended their weekly gains, and the jobs report is projected to show 175,000 new jobs added last month. Investors will monitor revisions to job growth data to assess the labor market's cooling trend.

Published on: February 07, 2025, 12:00 PM UTC

US stock futures show little movement ahead of the closely watched monthly jobs report, with investors digesting Amazon's disappointing revenue outlook.

Published on: February 07, 2025, 11:01 AM UTC

Dow Jones, S&P 500 and Nasdaq futures were subdued Friday as investors awaited key January jobs report and Amazon shares fell on weak forecasts and cloud computing unit.

Published on: February 07, 2025, 11:01 AM UTC

U.S. equity funds saw their fourth weekly outflow in five amid heightened geopolitical risks and weaker earnings from key tech companies.

Published on: February 07, 2025, 11:00 AM UTC

Oil heads for third weekly decline as slowdown concerns outweigh Iran sanctions impact

Published on: February 07, 2025, 11:00 AM UTC

India's central bank cut interest rates for the first time in nearly 5 years, but investors were disappointed by a lack of bolder steps. The Reserve Bank of India lowered the benchmark repurchase rate by 25 basis points to 6.25%, but maintained a neutral stance rather than signaling further cuts. Governor Sanjay Malhotra said the move aims to spur economic growth while keeping inflation in target range, but some analysts expect more rate cuts this year. The RBI also reiterated its commitment to managing currency volatility and providing liquidity to the financial system.

Published on: February 07, 2025, 10:02 AM UTC

Pudgy Penguins burns $150 million in unclaimed Solana tokens, leading to an 8% price drop for the PENGU token.

Published on: February 07, 2025, 10:02 AM UTC

Traders await the monthly US jobs report, which will impact interest rate decisions. Amazon falls after a weak outlook. Stocks, bonds, and the dollar fluctuate amidst anticipation.

Published on: February 07, 2025, 10:01 AM UTC