Jeffrey Roach

Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...

Sentiment has soured ahead of the key inflation data that is due ahead of the market open on Friday, with the index futures pointing to a modestly lower opening. A fairly benign data could keep the upward trajectory intact ahead of next week’s key labor market data. Stocks are on track to...

The European Central Bank will likely kickstart coordinated rate cuts by global central banks, said an economist, as he weighed in on the implications of the move. Rate Cuts Back? ECB’s Governing Council is scheduled to announce its interest rate decision at 8:15 a.m. EDT following a meeting...

Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the go-ahead signal on cutting rates when it meets on Sept. 18, according to economists. “All clear for launch,” Chris Zaccarelli, Chief Investment Officer for...

The August payroll report from ADP Thursday is tipping odds toward a 0.5% rate cut by the Federal Reserve two weeks from now, according to economists. The report said 99,000 jobs were added in August — down from 140,000 expected — and reflects the fifth straight month of slowing private payroll...

Thursday’s revised gross domestic product figure was a clear indication the U.S. economy is faring pretty well, according to an economist. “The GDP revisions show the U.S. economy was in good shape in mid-2024,” Bill Adams, chief economist for Comerica Bank, said Thursday. “...

After dilly-dallying in recent sessions amid anticipation ahead of Nvidia Corp.’s (NASDAQ:NVDA) earnings, market mood is settling in. The index futures were higher in early trading. Nvidia shares have clawed part of their losses seen early in the premarket session and could recover when sell-...

Editor’s note: This story has been updated to correct a reference to January 2025 in comments from Comerica Bank’s chief economist. The Federal Reserve has every reason to cut interest rates at its next meeting in September since the U.S. revised its jobs report, according to...

Economists had high praise for July’s retail sales numbers on Thursday, but they believe that the Federal Reserve will still cut rates in September in the face of rising unemployment. “Today's retail sales numbers were a blowout versus consensus, but more importantly it should lay to...

After Wednesday’s tech-led rebound amid the Federal Reserve’s rate decision, the stock market could be in for further gains. The major index futures point to a higher opening, although suggesting a slowdown in the upward momentum is in the cards. Despite Federal Reserve Chair Jerome...

June’s U.S. retail sales report indicates that increasingly careful consumers are still opening their wallets, despite a stagnant reading on Tuesday, economists say. U.S. retail sales remained flat in June, falling from an upwardly revised 0.3% growth in May to zero growth and matching the...

Analysts and economists continue to question whether we are on the verge of witnessing an AI bubble burst similar to the dot-com collapse of the early 2000s, and what the economic repercussions of such an event might be. In recent days, investor concerns have grown due to a semiconductor sell-off...

The U.S. stocks could be primed for another mixed session on Tuesday, with techs looking poised for a bounce back from the previous session’s losses. Nvidia Corp. (NASDAQ:NVDA) could lead from the front, with the stock climbing over 2% in the premarket. The spotlight is likely to be on a...

The market appears poised for further gains on Wednesday, building on the strength of the S&P 500 and Nasdaq Composite, which hit record highs in the previous session. Index futures are trading modestly higher in early pre-market trading. However, the sustainability of these gains and potential...

Traders woke up on Wednesday to new updates on last month’s inflation and retail sales trends, indicating slowing price pressures and a weaker-than-expected consumer spending in the U.S. As a reminder, the headline inflation rate slowed as predicted from 3.5% to 3.4% year-on-year in April...