Financial News
Curated market news, classified by asset class. Tap any story to read and discuss.
IMF’s Georgieva calls AI a slow-moving tsunami (again) for jobs as graduates feel the first hit
<p dir="ltr">Georgieva’s framing of AI as both a demand and an investment shock lines up with this week’s hawkish Fed commentary, which also pointed to AI-driven capital spending as a source of persistent inflation pressure, strengthening the case that the AI boom keeps rates higher for longer. Her estimate that AI investment could add half a point to a full point to growth in advanced Asian econo
Weeeknd: EU plans 350,000 annual cap on Chinese hybrids after Beijing agrees 16-point deal
<p dir="ltr">For European carmakers, a hybrid quota offers some relief from lower-priced Chinese competition at a time when Volkswagen, Stellantis, Mercedes and BMW are under pressure on profits, though the cap’s generous starting size and annual increases limit how much market share it protects. Chinese brands that have leaned on hybrids to sidestep EU electric vehicle tariffs face slower Europea
investingLive Americas FX news wrap 9 Oct: It’s a Wrap: Stocks rebound despite weak sentiment; Canadian dollar falls on jobs miss
<ul><li><a href="https://investinglive.com/stocks/us-stocks-close-higher-nasdaq-gains-for-fourth-straight-week" rel="follow">US stocks close higher; Nasdaq gains for fourth straight week</a></li><li><a href="https://investinglive.com/news/week-ahead-us-inflation-and-retail-sales-lead-a-busy-economic-calendar-be-aware" rel="follow">Week ahead: US inflation and retail sales lead a busy economic cale
investingLive Americas FX news wrap 9 Oct: It’s a Wrap: Stocks rebound despite weak sentiment; Canadian dollar falls on jobs miss
<ul><li><a href="https://investinglive.com/stocks/us-stocks-close-higher-nasdaq-gains-for-fourth-straight-week" rel="follow">US stocks close higher; Nasdaq gains for fourth straight week</a></li><li><a href="https://investinglive.com/news/week-ahead-us-inflation-and-retail-sales-lead-a-busy-economic-calendar-be-aware" rel="follow">Week ahead: US inflation and retail sales lead a busy economic cale
Japan household spending falls for ninth straight month, but drop smaller than expected
<p dir="ltr"> The mixed readings are unlikely to shift Bank of Japan rate expectations decisively in either direction, limiting the immediate impact on the yen and Japanese government bonds. A smaller annual decline offers modest support to the case for tightening, but the weak monthly gain and nine straight contractions undercut the argument that consumption is recovering alongside wages. That ga
Reuters poll: 37% of Japan firms see oil volatility as biggest risk to earnings
<p dir="ltr">The survey reinforces Japan's acute sensitivity to the Iran war: with almost all crude imports sourced from the Middle East, any further disruption to Gulf shipping (<a href="https://investinglive.com/commodities/war-escalation-tanker-hit-by-multiple-projectiles-51-nautical-miles-off-qatar-casualties-reported/" rel="follow">like this</a>), such as this week's tanker attack north of Qa
Japan real wages rise for eighth straight month, backing case for BOJ hikes
<p dir="ltr">The detail that matters most for the Bank of Japan is base pay. Regular wages holding steady near 4% points to durable wage growth rather than a bonus-driven spike, which is the kind of evidence policymakers want before tightening further. That supports the yen and front-end Japanese government bond yields at the margin, even as the headline real wage gain slowed. The risk to the real
Australian consumer sentiment slumps after RBA hike as Westpac tips another in November
<p dir="ltr">Westpac's call for a November follow-up hike, despite the sentiment slump, signals that inflation risk still outweighs demand weakness for the RBA. That keeps support under Australian short-end yields and should limit downside for the Australian dollar on soft domestic data. Fuel is the key transmission channel, so further gains in crude prices would sharpen both the inflation pressur
Australia's Chalmers calls Iran war an economic disaster, says rising yields will cost billions
<p dir="ltr">Chalmers's warning on debt servicing costs puts the spotlight on the global rise in bond yields, which is now feeding directly into government budget arithmetic. That keeps fiscal supply and credit concerns on the radar for Australian government bonds ahead of the mid-year update. His focus on energy-driven inflation reinforces the case that oil is the main channel through which the I