Jobs, markets and inflation
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Markets enter a critical week still reeling from Friday's sharp selloff in technology and AI stocks following disappointing reactions to Oracle (ORCL) and Broadcom (AVGO) earnings that raised questions about AI infrastructure spending sustainability and return on massive capital investments.
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates.
By Naomi Rovnick, global markets correspondent. What matters in U.S. and global markets today Wall Street's traditional Santa rally is nowhere to be found as inflation anxiety and geopolitical tensions dominate the market mood.
A rise of 3.2% in CPI inflation in the 12 months to November undershoots almost all expectations
November employment, inflation reports, key Fed speakers, October retail sales data, earnings from Micron, Nike, FedEx, and more.
Key economic data includes a delayed September reading of the Federal Reserve's preferred inflation gauge. Here's what to watch: Inflation data: September's personal-consumption expenditures price index,
The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country's economic outlook.
Office for National Statistics (ONS) will publish the highly relevant Consumer Price Index (CPI) data for November on Wednesday at 07:00 GMT.
THE Bank of Jamaica (BOJ) enters the final day of its policy meeting on Wednesday, needing to balance the fastest rise in consumer prices in over a decade against clear signs of weak domestic demand before tomorrow’s interest rate announcement. New data show a hurricane-driven inflation surge moving through an otherwise sluggish economy.
The Canadian dollar steadied on Monday against its U.S. counterpart as oil prices fell and domestic data showed inflation running at a cooler than expected pace.