Economic events
CNBC’s Inside India newsletter: Elon Musk’s Starlink gets access to India, but its success rests on two billionaires
Indian Prime Minister Narendra Modi meets with Elon Musk in New York, U.S., on June 20, 2023. Indian Press Information Bureau | Anadolu Agency | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind […]
Read More
Europe stock markets set for muted open ahead of central bank bonanza
European markets are heading for a cautious open Thursday, with major bourses set to open nearly flat as investors await monetary policy announcements from the Bank of England, Swiss National Bank and Sweden’s Riksbank. The flurry of European activity comes after the U.S. Federal Reserve on Wednesday held its key rates, while indicating two quarter […]
Read More
Asia-Pacific markets open higher after Fed keeps interest rate steady
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher, tracking Wall Street gains following the Federal Reserve’s decision to hold interest rates steady. The U.S. central bank also noted that a severe […]
Read More
Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still shelling out money, though shifting […]
Read More
Germany’s defense stocks fall after lawmakers open door to higher spend; Rheinmetall sheds 6.3%
German defense names fall day after spending package approved by parliament German defense stocks were lower in mid-morning trade, a day after the country’s parliament approved a landmark fiscal package that will allow higher government defense and infrastructure spending. Rheinmetall, one of the top performers on the Stoxx 600 on Tuesday, was down 6.3% at […]
Read More
China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images A rally in Chinese stocks since the start of the year is prompting investors to predict that mainland shares will outperform their American peers in a sign that attractive valuations are trumping the idea […]
Read More
CNBC Daily Open: Investors grow pessimistic about the market as stocks resume sliding
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to […]
Read More
Bank of England expected to keep rates on hold amid headwinds it can’t fully predict or control
The Bank of England in London on Feb. 12, 2024. Henry Nicholls | Afp | Getty Images The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad. The central bank is highly likely to keep its benchmark interest […]
Read More
CNBC Daily Open: The mood on Wall Street is grim as stocks slide
Traders work at the New York Stock Exchange on March 18, 2025. NYSE Investors are feeling as gloomy as consumers. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to the March edition of […]
Read More
Asia-Pacific markets mixed following losses on Wall Street; Bank of Japan meeting in focus
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets traded mixed on Wednesday, following declines on Wall Street after a sell-off in technology stocks picked up pace. Japanese markets will be in focus for investors, with the Bank of Japan poised to announce its monetary policy decision later in the day. The central bank […]
Read More