This slowdown in hiring signals weakening consumer and business confidence in the US economy, which is a critical driver of global markets.
The latest data from China offers a glimmer of optimism for global markets, especially in Asia, as the country’s manufacturing sector shows fresh signs of life.
The Indian stock market has been showing interesting candlestick patterns over the past few sessions, providing valuable clues for technically inclined traders. Let’s unpack what’s happening and what these patterns might indicate for market direction in the coming days.
In a tightly contested vote of 51-49, the US Senate agreed on Saturday to begin debating President Donald Trump’s sweeping new economic legislation — a package he’s proudly calling the “One Big Beautiful Bill”.
India’s industrial sector showed signs of fatigue in May 2025 as the country’s Index of Industrial Production (IIP) rose by just 1.2% year-on-year, marking the slowest growth in 9 months.
In a refreshing turn for currency markets, the Indian rupee appreciated sharply by 0.86% today, closing at âč86.05 per dollar after making an intraday low of âč85.93. At the same time, the US Dollar Index (DXY) tumbled heavily to 97.42, marking a 52-week low.
Global market sentiment saw a lift after Federal Reserve Governor Michelle Bowman signaled that a rate cut could be on the table as early as July’s FOMC meeting — provided inflation and labor market data remain supportive.
The geopolitical and economic chessboard just got more complicated for India. After deploying bunker-buster bombs on Iran’s underground nuclear facility at Fordow, the US is now preparing an “economic bunker-buster” for countries like India and China
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