Initial claims increased by 11,000 to 235,000 in the week ended Aug. 16. The median forecast in a Bloomberg survey of economists called for 225,000 applications
Inflation data, GDP and industrial production numbers for India, US and the UK will be released next week. Here are some important indicators that market participants should keep an eye out for
Spot gold firmed 0.3% at $2,321.70 per ounce by 9:47 a.m. ET (1347 GMT) after rising as much as 0.8% earlier in the session. Prices were down over $100 from an all-time high of $2,431.29 scaled on April 12, fuelled by geopolitical turmoil
The market is likely to maintain its strong momentum this week amid a slew of data awaited from India, the US, China and Europe. The focus will be on Jerome Powell's Senate testimony on March 6-7
A preview of important economic and market events, as well as upcoming macroeconomic data releases in India and across the world for the coming week.
Here are the key economic events in India and from around the world to get you started for next week.
Here are the key economic data releases in India and from around the world to get you started for next week.
All three major U.S. stock indexes were green from the starting bell, with tech-related megacaps – particularly those involved in the recent AI mania – putting the Nasdaq out front.
Brent futures fell $3.16, or 4.0%, to $76.15 a barrel by 10:44 a.m. EDT (1444 GMT), while U.S. West Texas Intermediate (WTI) crude fell $3.19, or 4.2%, to $72.47.
Weekly U.S. jobless claims edged up last week, suggesting the labor market was gradually slowing, while a Philadelphia Fed report showed much lower-than-forecast factory activity in the mid-Atlantic region.
Brent Crude futures were down 55 cents or 0.6% at $85.76 a barrel at 1240 GMT, while U.S. West Texas Intermediate crude was at $81.92 a barrel, down 60 cents or 0.6%.
All three major indexes fell as data showed U.S. job openings in February dropped to the lowest level in nearly two years, suggesting that the labor market was cooling, while factory orders fell for a second straight month.
Commerce Department data showed that consumer spending, which accounts for two-thirds of U.S. economy activity, rose by 1.8% in January, the largest increase in nearly two years and exceeding analyst estimates, according to a Reuters poll.
All three major U.S. stock indexes were mixed in the wake of Thursday's sharp sell-off as a raft of indicators pointed to economic softening, evidence that the Federal Reserve barrage of interest rate hikes were having their intended effect.
Here are the key economic, business and market events from India and around the world to get you started for next week.
Between October 20 and 28, FIIs bought $923 million in equities, according to data from NSDL. Provisional data from the National Stock Exchange showed that on October 31, foreign investors bought around Rs 4,178.61 crore in Indian equities.
Spot gold inched 0.1% lower to $1,662.79 per ounce by 0952 GMT, while U.S. gold futures also fell 0.1% to $1,666.70.
The country’s economic output was 3.9% higher from July through September than during the same months last year.
Here are the major market-moving events around the world to get you started for next week.
Here are the key events in India and around the world to get you started for next week
Market leading growth stocks pulled all three major U.S. stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19.
At least three new IPOs will open for subscription. Two companies will debut on the stock exchanges. Inflation, financial results of the recently listed companies are the key data to track
Investors have received a mixed bag of economic data reflecting how the economy is weathering a spike in COVID-19 cases and how it might continue its recovery in the coming months.
The startup - Demokratika- launched the application, BolSubol, which has economic and political information about all the constituencies in India for over 60 years on average, they claimed.
Manufacturing PMI stood at 47.2 in June, higher than the 30.8 level recorded in May.